Security News > 2021 > February > Texas power outage: Data analytics, modeling and policy making will be key to preventing similar disasters

Texas power outage: Data analytics, modeling and policy making will be key to preventing similar disasters
2021-02-23 22:20

I think what you're going to see is that in the normal band of operation, I think, not just in Texas, but around the country, there's a lot of scenario planning, there's a lot of analytics that are present and used up from real-time, what they call, state estimation and situational wellness to situational awareness all the way to 20-year modeling to keep this grid stable.

I think it's going to be a combination of modeling, not just the power grid, but the gas grid, of that water infrastructure-there's a whole huge behavioral modeling frontier that's going to be opened up.

I think, sadly, many people in Texas that took those variable-price deals thought, "Well, if power gets too high, it's going to be a summer problem, and I'm just going to swim in the pool for a week until I can afford to pay power." No one told them that their water pipes would burst.

People on TV are saying, "OK, it's feed my kids or pay my power bill." You're going to see a huge shift in how consumers behave and how the market reacts.

It's going to open up, I mean, that modeling is out there, but I think it's going to be a 10x attention.

That's going to be very exciting for analytics resources and executives in the power industry, and then everybody's going to want to know what comes out of it, but it's going to be a lot of fun over the next year to take this one apart.


News URL

https://www.techrepublic.com/article/texas-power-outage-data-analytics-modeling-and-policy-making-will-be-key-to-preventing-similar-disasters/#ftag=RSS56d97e7