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Provincial Electricity Authority Powers Energy Consumption Insights with Oracle - Oracle Utilities Meter Data Management provides a single platform for essential power consumption visibility, improved billing performance, and operational cost reduction - PEA.co.th / Oracle.com
Provincial Electricity Authority Powers Energy Consumption Insights with Oracle

 

NewswireTODAY - /newswire/ - Bangkok, Thailand, 2023/10/30 - Oracle Utilities Meter Data Management provides a single platform for essential power consumption visibility, improved billing performance, and operational cost reduction - PEA.co.th / Oracle.com. NYSE, NASDAQ: ORCL

   
 
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The Provincial Electricity Authority (PEA), a Thai state enterprise under the Ministry of Interior, is using Oracle Utilities Meter Data Management (MDM) system and Oracle Utilities Load Analysis to improve operational efficiency and cost savings. This project builds on PEA’s ongoing digital utility transformation with Oracle, providing a fully integrated Advanced Meter Infrastructure (AMI) that delivers essential visibility into daily power consumption.

As a result, PEA (pea.co.th) will be able to better anticipate peaks and troughs in demand and help improve asset management and energy control for its 23 million residential customers and 300,000 commercial and industrial (C&I) customers across 74 provinces.

PEA previously used numerous meter brands with different MDMs, requiring time-consuming and costly billing integrations and operational support. The utility also lacked the ability to consolidate power consumption data from hundreds of thousands of customer locations for accurate daily energy usage and forecasting. As part of this first wave AMI project, PEA has now migrated 155,100 meters to Oracle Utilities MDM and Oracle Utilities Load Analysis in the first half of 2023. Oracle Energy and Water joined forces with STS Consortium (comprising SAMART Telcoms PCL and SAMART Communication Services) to support this implementation.

“Rapidly changing technologies such as the expansion and utilization of renewable energy sources, trends in the growing prosumer market and evolving electricity industry structure in the country are directly impacting the core business of PEA,” said Mr. Pramote Sudsap, deputy governor, operation and maintenance, Provincial Electricity Authority. “PEA must adapt its electrical systems to accommodate the emerging technologies. As we will witness a growing interest in energy saving and energy management business in the electricity industry, both now and in the near future, smart meters and data management systems such as Oracle Utilities Meter Data Management (MDM) system and Oracle Utilities Load Analysis will play a crucial role. They will serve as a foundational infrastructure for collecting and analyzing energy usage data, contributing to the development of the electricity industry in the future.”

Oracle Utilities Meter Data Management (MDM) and Oracle Utilities Load Analysis will help PEA realize the full potential of meter data, including data capture, management, and synchronization across all meter types and protocols. Prebuilt data and meter KPIs and prioritized dashboards leverage analytics for insights into meter and device performance, while enabling PEA to monitor the performance of automated processes and manage billing more efficiently. Supporting PEA’s customer service business, the analyzed energy usage data will promote more efficient energy management among customers in line with national policies as well as international protocols and standards.

“With smart meter data powered by Oracle’s MDM, PEA will be better able to visualize energy usage for consumer households, as well as economically significant C&I customers, including many large manufacturers in industrial parks,” said Taveesak Saengthong, managing director, Oracle Thailand. “PEA can use the enhanced smart meter data to improve the efficiency of power generation and transmission facilities to better serve its customers through near real-time notifications that alert them when they are reaching their target energy usage.”

Using smart meter data, PEA can continually refine and improve service, including fee calculation and flexible pricing menu proposals. This could include implementing Time of Use (TOU) rates to support the efficient use of electric power by customers while reducing energy load during peak demand times. Oracle’s open system enables PEA to consolidate billing data for corporate customers with many office locations and meters, while offering options such as the flexibility to set preferred payment dates.

After 2023, PEA plans to add the remaining 300,000 commercial and industrial meters to the Oracle MDM workload, making the system the single source of truth handling interval meter data for the highly complex and profit determining segment in PEA. PEA also intends to further extend the AMI project to 800,000 meters in its Eastern Economic Corridor by 2025.

Oracle has a proven track record of advanced metering projects across the globe.

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Oracle (oracle.com) offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud.
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Provincial Electricity Authority Powers Energy Consumption Insights with Oracle

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