A major part of this endeavour consists of ensuring that energy policy makers have access to staff with digital expertise. IEA (2017), Digitalisation and Energy, IEA, Paris https://www.iea.org/reports/digitalisation-and-energy. Stunning advances in data, analytics and connectivity are enabling a range of new digital applications such as smart appliances, shared mobility, and 3D printing. Although data centre workload is forecast to triple by 2020, related energy demand is expected to grow by only 3% thanks to continued efficiency gains. All of this has enabled commodities trading firms to enter a new market era. In the last five years, global mobile broadband subscriptions increased threefold and surpassed 4 billion active subscriptions in 2017. A new era in energy Over the coming decades, digital technologies are set to make energy systems around the world more connected, intelligent, efficient, reliable and sustainable. Over the coming decades, digital technologies are set to make energy systems around the world more connected, intelligent, efficient, reliable, and sustainable. Topic: Energy, In the news Over the coming decades, digital technologies are set to make energy systems around the world more connected, intelligent, efficient, reliable and sustainable. In industry, many companies have a long history of using digital technologies to improve safety and increase production. Digitalization brings a new era of intelligence Mr Liang predicted that by 2025, more than 30 per cent of the global GDP will be generated by the digital economy and pointed out the key trends contributing to this revolutionary shift towards digital: Digitalization: A New Era in Energy • The energy system is on the cusp of a new digital era • This first-of-its-kind “Digitalization and Energy” report will help shine a light on digitalization's enormous potential and most pressing challenges • But impacts are difficult to predict; uncertainty in … In the last five years, global mobile phone subscriptions have increased threefold, and today there are more contracts with mobile phone providers (7.7 billion) than people in the world. Digital technologies are everywhere, affecting the way we live, work, travel and play. The technology is complex and satellite launches are expensive and difficult to schedule, but by 2030 several satellites are expected to be operational, forming a co ordinated fleet of monitoring stations shared by several space agencies. of energy labels to meet minimum energy efficiency standards allowing the exchange of data between different organisations. Specifically, optimisation of control processes through automation and enhanced data collection and analytics are likely to reduce overall costs. In the not too distant future, digitalized energy systems will be able to determine who needs energy and have it delivered to the right place, at the right time, and at the lowest price. 9 Total value at stake $745 billion $110 billion Industry Society Total value at Digitalisation & Energy is the International Energy Agency’s first comprehensive effort to depict how digitalisation could transform the world’s energy systems. New tools such as blockchain could help to facilitate peer-to- peer electricity trade within communities. Digitalisation, including smart thermostats and smart lighting, could cut total energy use in residential and commercial buildings between 2017 and 2040 by as much as 10% compared with the Central Scenario, assuming limited rebound effects in consumer energy demand. Jobs composed of a high share of automatable tasks – such as those involving predictable, routine and repetitive physical activities, and the collection and processing of data – may be at higher risk of automation than those with less routine activities. According to the World Energy Outlook 2018 (WEO 2018) by the International Energy Agency (IEA), more than 40 percent of global energy demand came from North America and Europe and only 20 percent from Asia in 2000. For example, miniaturised sensors and fibre optic sensors in the production system could be used to boost production or increase the overall recovery of oil and gas from a reservoir. We have updated our privacy policy.In the latest update it explains what cookies are and how we use them on our site. If fully adopted, in 2050 this could avoid nearly 20 000 tonnes/year of metal demand and reduce the overall fuel use of the US aircraft fleet by up to 6.4%. Many jurisdictions around the world are developing digital strategies for their whole economies. Electrification, decentralization and digitalization are converging to create a smarter and more connected electric system. For instance, over the long term, under a best-case scenario of improved efficiency through automation and ride-sharing, energy use could halve compared with current levels. Recent studies estimate a wide range of possible outcomes. Stunning advances in data, analytics and connectivity are enabling a range of new digital applications such as smart appliances, shared mobility, and 3D printing. Direct energy use over the long run will continue to be a battle between data demand growth versus the continuation of efficiency improvements. The International Energy Agency (IEA) recently completed its first ever analysis to comprehensively depict how digitalization is reshaping the energy sector and to provide more clarity for decision makers on what digitalization means for the energy sector – http://www.iea.org/digital/. While digitalisation can bring many positive benefits, it can also make energy systems more vulnerable to cyber-attacks. Digitalization is emerging as a technological driver of change around the world and provides businesses with abundant opportunities for growth and monetary gain. Digital data and analytics can reduce O&M costs, enabling predictive maintenance, which can lower costs for the owner of plants and networks and ultimately the price of electricity for end users. supply and demand structure caused by the spreading use of renewable energy and digitalization. Enable demand response to reduce peak loads (e.g. However, several challenges stand between the current system and a … They will depend on the combined effect of changes in consumer behaviour, policy intervention, technological progress and vehicle technology. This list is not intended to be exhaustive or definitive, and recognises that national circumstances and contexts vary between countries. If digitalization has a major role to play at plant level, the implications for the broader solar ecosystem are even more wide-ranging. October 12, 2020 By WLPGA. The energy sector is used to thinking in terms of decades and the energy world is a slow-moving entity. Network failures are expensive, both for the utility and for the economy. This large range highlights the potential role for policy to drive further efficiency gains. by using lighting sensors) and predictively with respect to user behaviour (e.g. 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. This would provide further flexibility to the grid while saving between USD 100 billion and USD 280 billion (depending on the number of EVs deployed) in avoided investment in new electricity infrastructure between 2016 and 2040. Impact of smart versus standard charging EVs. 本プレスリリースは発表元が入力した原稿をそのまま掲載しております。 January 28, 2020 Dietmar Siersdorfer is CEO of Siemens Middle East and CEO of Siemens LLC United Arab Emirates since December 2013. Technically recoverable oil and gas resources could grow globally by around 5 percent (equal to over 10 years of current global consumption), with the greatest increases expected to be in shale gas. People and devices are also becoming connected in ever-increasing numbers. As early as the 1980s, Oil and Gas companies began to … Other examples include automated drilling rigs and robots to inspect and repair subsea infrastructure and monitor pipelines and tanks. Accordingly, governments should consider setting up and exploring a wide variety of real-world experiments that can yield "learning by doing". The importance of energy efficiency for a carbon neutral society. For example, global annual internet traffic surpassed the exabyte threshold in 2001 and is expected to pass the zettabyte threshold by 2017. But the energy industry can still thrive while protecting the planet if we invest in, and adopt, the revolutionary technologies necessary for this new era. 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