Industry 4.0 is dawning, and digitalization, decarbonization, and decentralization (aka D3) are fueling the electric grid (r)evolution. D3, in turn, creates opportunities for immense value creation, but invokes new technologies and design concepts, and change brings risk.
As the industrial revolution 4.0 is dawning on us, the digitalization of the utility grid and more broadly digitalization of our complete energy system is inevitable. While digitalization brings massive opportunities for value creation, it also brings significant challenges.
Considering the cyber-physical nature of the future grid, where massive amounts of sensors, communications, embedded computing, embedded controllers, and cloud software will dominate the operation and performance, industry leaders are embracing new design, test, deployment and life cycle maintenance processes based on model based engineering and more specifically model based testing.
What is resilience?
Resilience is a new way of dealing with the unknown. Modern society has come to believe that we can rise above risk by using historical data and design analyses to quantify probabilities and consequences, and calculating an acceptable gamble on targeted risk mitigation measures. Resilience basically is our capacity to survive and thrive in the face of change and uncertainty – accepting the fact that we cannot always predict the future. Resilience thinking challenges us to overcome limitations of traditional risk management methods by focusing on the outcomes that are important to us, such as health and welfare. An important difference is that we must come up with ways to enable our systems, communities, and businesses to deal with changing conditions or things that we might not have known in advance without falling apart - not only by protecting them from change, but by cultivating flexibility and a propensity to learn and adapt to changing conditions.
