Union Energy Minister RK Singh on Monday launched a hackathon, named Powerthon-2022, to find technological solutions for quality power supply.
He also encouraged technologists to come up with not only solutions to existing problems, but also other problem statements and ideas for a reliable power supply. ” Union Minister for Energy and New Renewable Energies, RK Singh, today virtually launched Powerthon-2022, a hackathon competition under the Revamped Distribution Sector Scheme (RDSS) to find solutions focused on technology to solve the complex problems of electricity distribution and ensure quality and reliable power. supply,” said a statement from the Department of Energy.
In his opening speech, Singh said that this program was indispensable in the electricity sector.
“We will have a permanent body and this innovation will be open and an ongoing program,” he said. The minister added that ideas and concepts will be rewarded with a license and the development of prototypes will also be encouraged.
REC Limited in collaboration with SINE, IIT Bombay has announced the launch of Powerthon-2022. In this hackathon, technology solution providers (TSPs), start-ups, educational institutions, research institutes, equipment manufacturers, state electric utilities and other state entities and power sector power plants will be briefed on current challenges/problems faced across the power distribution sector and invited to showcase their technology-driven solutions to address complex issues.
The hackathon will ask participants to find innovative solutions based on advanced emerging technologies such as artificial intelligence, machine learning, blockchain and Internet of Things on nine themes that were identified after various discussions with 14 discoms in nine states.
These are demand/load forecasting, AT&C (aggregate technical and commercial) loss reduction, energy theft detection, DT (distribution transformer) failure prediction, asset inspection, vegetation management, customer experience improvement, renewable energy integration and power purchase optimization.
As part of the competition, a group of experts and a technical committee are being set up for the overall evaluation of the proof of concept (POC) and the selection of the TSP. TSPs will then be actively mentored and a pilot test will be conducted by the selected TSP for the thematic area. If the pilot test is successful, scaling up avenues will be pursued under the RDSS program, the statement added. Powerthon-2022 is being launched in accordance with the objective of the Revised Distribution Sector Scheme (RDSS) introduced by the Ministry of Energy.
The RDSS is a reform-based and outcome-related program introduced by the Ministry. The main objectives of the RDSS are to reduce AT&C losses to 12-15%, eliminate the ACOS-ARR (actual cost of supply and actual revenue realized) gap by 2024-25 and improve the quality and the reliability of the power supply. REC has signed a MoU with Society for Innovation and Entrepreneurship (SINE) under IIT Bombay as “Incubator cum Technology Partner” for the organization of Powerthon-2022.
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