Actionable Strategies Selected For Smart Grid Project In Turkey
Actionable Strategies, a boutique consulting firm serving clients globally, has been selected to conduct a feasibility study of state of the art technologies including smart grids, workforce management and customer information systems.
Online, August 16, 2012 (Newswire.com) - Actionable Strategies, a boutique consulting firm serving clients globally, has been selected to conduct a feasibility study of state of the art technologies including smart grids, workforce management and customer information systems. The client is a recently privatized integrated utility serving 7 million people in the Turkish capital of Ankara and six other regions.
"This contract award is the result of a focused commitment to accumulate capabilities in the energy sector. Our view is that energy production and distribution is an integrated value chain that is evolving due to a variety of factors on both the supply and demand sides. Smart grids are a prominent component of an integrated technology portfolio in this industry", explained Jeffrey Wu, CEO of Actionable Strategies. "Effectively employing our global footprint has been an essential part of our strategy and we are pleased that our investments and patience are yielding concrete and substantial results."
Turkey is experiencing ongoing economic growth that is driving demand for electricity. Keeping pace with projected electricity requirements is a national challenge for Turkish energy producers. In order to prevent constraints on growth, the Government of Turkey is encouraging distribution companies to devise strategies to operate more effectively. Actionable Strategies will evaluate the implementation of advanced technologies to improve control, drive automation and reduce grid losses.
The project will assess the feasibility of smart grid and other technologies to modernize distribution operations and ensure readiness to meet anticipate needs in the capital region. "It is essential that supervisory control and data acquisition (SCADA) and IT systems are integrated across the utility", explained Frank Safertal, ICT Practice Director at Actionable Strategies. "We will be covering both core operational systems as well as customer facing technology." Operational systems include finance, planning, geographic information system (GIS) and distribution management while systems that serve customers include call center, trouble call management, billing and a customer information system.
In addition to the technology strategy, Actionable Strategies will be developing the financial and operating models. Project financing sources will be identified and five years of financial projections will be based on an analysis of demand forecasts. Regulatory and tax impacts will be assessed and environmental impact will be reported as part of the project. "This is an ideal project as it combines our strengths in strategy, process, technology and finance", explained Jeffrey Wu. "We are very pleased to apply our capabilities in this important initiative."