For example, the digital transformation of utilities can improve the efficiency of power generation and the transmission and distribution of electricity, all while providing consumers with more capabilities and choices around … These technologies have been credited with lowering the cost of data collection,storage and processing Digitalization and the future of energy. September 26, 2019reve. He considered the efforts of the oil producing cartel OPEC or U.S. President Donald Trump to ensure a parity on oil prices that are beneficial for major producers and general consumers in Western markets. To realize that potential, the sector must start treating digital transformation like any other vital business process. Data is, of course, king in the digital world. You can click “Close” to remove this message. Full memberships apply to business and commercial entities. Energy digitalization through more connectivity and IoT. The SGCC is a non-profit organization which aims to help educate the public and engage consumers on the benefits of the smart grid. And where can it add most value for society and individual organizations? Digitalization and the future of energy: The facts. Our research reveals that the biggest challenge is often changing the culture and people’s perceptions. What are the possible business and investment strategies for digitalization? All rights reserved. No-charge affiliate memberships are available to nonprofit organizations, academia, research labs and advocacy groups. Digitalization customer engagement manager (m/f) in Al khobar Your new role – challenging and future-oriented. Available now! SGCC is unique in the energy field in bringing together commercial, utility and advocacy groups to work toward a common goal of accelerating adoption of a consumer-friendly, consumer-safe smart grid. Digitalisation will change the energy system in ways that we weren’t even able to imagine a couple of years ago – and we may not even fully be able to imagine today. It’s a way to find new answers to some of the biggest challenges industries and societies face. The future of energy is electric. Digitalization is already playing a major role in the growth of wind energy, but it can still drive further improvements in operational efficiency, decision making and cost efficiency – if it can overcome concerns around data sharing. The term is everywhere. As energy producers look to the future, inroads in digitalization are powering their visions. This report is based on a global survey of 1,919 energy industry professionals, alongside in-depth interviews with market leaders and insight from business experts. In all the hype, it can be easy to forget that digitalization is a means not an end. Many processes could be made more efficient by implementing solutions that are already in the market. Digitalization and The Future of Wind Energy. This ensures maximum transparency for investments in renewable energy assets on a global level – no matter whether investors are based in Buenos Aires or New York. But getting everything right will not be easy. Mission In a rapidly changing energy environment, industry leaders must urgently pool resources to gain knowledge of what consumers need and how to communicate with them by listening to their concerns. Digitalisation brings a completely different dynamic. Digital transformation isn’t about the technology. Is Digitalization the Future of Energy in Africa? Not only will digitalization allow for greater efficiency, but it is spurring innovation, a digital-savvy workforce and will create new jobs. Digitalisation is already improving the safety, productivity, accessibility and sustainability of energy … Energy Management. Renewables are on track to produce nearly 70% of the world’s electricity by 2050, and by 2033 half of the cars sold around the globe are likely to be electric. Available now! People and digital skills The session will focus on workforce needs and … SECC is a nonprofit organization that works to learn the wants and needs of energy consumers in North America, encourages the collaborative sharing of best practices in consumer engagement among industry stakeholders, and educates the public about the benefits of smart energy technology. DNVGL.com uses cookies to give you the best possible experience on our site. Digitalisation is spurring new approaches to developing next generation technology for the offshore wind industry from resource assessment software through digital twin engineering of new componentry to AI-driven drone projects. We will also be releasing focused analyses of what digitalization means for the various segments within the energy industry. 3. Storage. At DNV GL, we see digital technology and digitalization as key enablers of the transition to a low-carbon energy system. Automation, virtual reality, blockchain: Our research looks at what digital technologies are available, and which are already having the biggest impact across a range of segments. Frequently Asked Questions The Smart Grid Consumer Collaborative offers introductory answers to frequently asked questions about the SGCC, SGCC Membership and the Smart Grid industry. This article investigates the effect of digitalization on energy consumption. Digital technologies are everywhere, affecting the way we live, work, travel and play. Their potential transformative effects are massive. Get In Touch Please get in touch with us to ask about membership, keep up with news and events or to share important smart grid materials. As levelized cost of energy (LCOE) is constantly reducing for renewables, dealing with the characteristics of … Digitalization and the future of energy is an industry report which reveals the current attitudes to, and challenges and opportunities for digitalization in the energy industry. Learn more about how to get involved. This is the key finding of the report ‘Digitalization and the Future of the Wind Energy Industry’ published today by DNV GL. It is a future that is evolving rapidly, bringing significant changes. They are becoming networked, energy self-sufficient and flexible. Available now! However, digital technology is a vast and rapidly evolving area. We heard from Rear Admiral Chris Parryon the influence of geopolitics on the energy trading landscape. The strategy and business case Its main goal was to keep the lights on without breaking the bank. 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