Master IEC 61850 Substation Automation With Ease
Cost Considerations and Financial Benefits
While the initial investment in IEC 61850 technology may seem significant, the long-term financial benefits can outweigh the costs. By reducing the need for proprietary protocols and enabling easier device integration, utilities can save on both equipment and labor expenses. Additionally, the improved system reliability reduces the risk of costly outages, further enhancing the return on investment3.