Duke Energy, Amazon strategic partnership to develop ultra-high-speed grid planning tools to aid $75
Duke Energy Corp. and Amazon Web Services Inc. have started a three-year strategic collaboration. The partnership will integrate Duke-designed Intelligent Grid Services software with expanded AWS cloud technology to speed analysis and cut processing times for grid planning to minutes from weeks.
This is just the second such strategic collaboration for Amazon in the world, and the first in the United States. Neither company will discuss the financial details of the agreement. But the advantages to both sides are clear.
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Duke gets immensely faster and more flexible planning tools as it moves forward with some $75 billion in spending on grid upgrades over the next 10 years of its $145 billion capital spending plan. AWS develops a suite of cloud-based technologies it can sell to other utilities to assist them with planning for the same industrywide issues.
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