About remote terminal unit (RTU) in smart grid
A remote terminal unit is a control device that helps the master device (SCADA) monitor and communicate with grid devices placed across different geographical locations. They can be used in a wide variety of electrical and process automation devices where SCADA is required to monitor and control equipment. RTUs are used to collect data from equipment in the field and to transmit commands back from the master device (SCADA). This can be done through wired connections (telephone lines, cables, Ethernet) or wireless connections. The data is sent to the operator in real time so that they are aware of the situation and can carry out any necessary changes to the grid.
RTUs are used in substations to increase automation, leading to optimal distribution of power and correction of any anomalies that can result in loss of power during transmission and distribution, reduction in damage to equipment, and improvement in quality and reliability. RTUs can be used to monitor and control water treatment and distribution plants, power transmission and distribution, and oil and gas pipelines.
Technavio’s analysts forecast the global remote terminal unit (RTU) in smart grid market to grow at a CAGR of 5.18% over the period 2014-2019.
Covered in this report
The report covers the current scenario and the growth prospects of the global remote terminal unit (RTU) in smart grid market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through sales of various RTU products used in smart grids in sectors such as:
Technavio Announces the Publication of its Research Report – Global Remote Terminal Units (RTU) in the Smart Grid Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Remote Terminal Units in the Smart Grid Market: ABB, General Electric, Honeywell, Schneider Electric and Siemens
Other Prominent Vendors in the market are: Iskra Sistemi, Kimcheon Rtu, Prestigious Discovery, PT Arliscoputra Hantama, Schweitzer Engineering Laboratories and Top Rank
Commenting on the report, an analyst from Technavio’s team said: “Standardization of hardware and software in control devices of the grid is making communication between other devices easy, thus helping in controlling, monitoring, and performing diagnostics. This is also reducing costs for utilities. Advanced IT implementation in power grids is making a higher level of integration in devices possible and providing only important information to the operator. Higher integration allows more processes to be automated and reduces the risk of system failure, as each fault can be detected in advance and corrective measures can be taken immediately. The involvement of the operator is required only during critical situations. RTU devices are designed to meet all the recent safety standards, making them less vulnerable to cyberattacks, thus reducing system failures and increasing grid reliability. These improvements in technology will create demand for RTUs in smart grids in the future.”
According to the report, the rising need for energy worldwide is influencing utilities to operate power plants at full capacity and produce power efficiently. As a result, there is a growing need for awareness about the grid conditions at all times and increased automation processes grids. Automation also reduces overall costs, as system failures due to negligence are minimized. RTUs are control devices helpful in controlling and monitoring substations from a remote location by communicating with master devices. RTUs show real-time data of the grid and highlight areas of concern, such as points of greater T&D losses, to help operators address the problems. System automation, with the help of RTUs, detects a problem and has the capability to communicate with other control devices of the grid to fix any issue that requires the attention of its operators.
Further, the report states that reluctance of utilities to retrofit existing switchgear and control devices is a big challenge for the RTU industry.
ABB, General Electric, Honeywell, Schneider Electric, Siemens, Iskra Sistemi, Kimcheon Rtu, Prestigious Discovery, PT Arliscoputra Hantama, Schweitzer Engineering Laboratories, Top Rank