If digitalization has a major role to play at plant level, the implications for the broader solar ecosystem are even more wide-ranging. What is new, is the pace of digitalization occurring through technological innovation, providing solutions that enable the energy system to be transformed? While industries like manufacturing and healthcare have taken the digitalization world by storm, the oil and gas industry has been remarkably slow to adopt this new way of thinking. Digitalization is emerging as a technological driver of change around the world and provides businesses with abundant opportunities for growth and monetary gain. Between 2016 and 2040, the use of digital technologies in all power plants and grid infrastructure could lead to overall savings in the order of USD 80 billion per year, or about 5 percent of total annual power generation costs. Today, change is being driven by three trends: decentralization, connectivity, and automation. One example is work in the United Kingdom to combine data for local areas about annual consumption of electricity and/or gas with information on building stocks (type of buildings, floor area, age of buildings), energy audits, and socio-economic indicators. It’s simply our new normal January 28, 2020 Dietmar Siersdorfer is CEO of Siemens Middle East and CEO of Siemens LLC United Arab Emirates since December 2013. Cumulative energy savings over the period to 2040 would amount to 65 PWh – equal to the total final energy consumed in non-OECD countries in 2015. In the last five years, global mobile broadband subscriptions increased threefold and surpassed 4 billion active subscriptions in 2017. This could save USD 270 billion of investment in new electricity infrastructure that would have otherwise been needed. The figures for digitalization make astonishing reading. Digitalisation can help integrate variable renewables by enabling grids to better match energy demand to times when the sun is shining and the wind is blowing. 3D printing can produce products in layer by layer fashion, on demand and directly from digital 3D files. Each year, it’s getting easier to immerse ourselves into the digital world – so much so, that it doesn’t even “feel” digital. Data are growing at an exponential rate – internet traffic has tripled in only the past five years and around 90% of the data in the world today were created over the past two years. The energy sector is used to thinking in terms of decades and the energy world is a slow-moving entity. They are becoming networked, energy self-s Breaking News INTRODUCING A NEW ERA … GE Power and the Digital Energy Transformation. shifting the time of use of a washing machine), to shed loads (e.g. Recent studies estimate a wide range of possible outcomes. In line with broader IEA recommendations, the costs and benefits of digitalisation in energy should be considered not only per component or per individual consumer, but also in terms of overall net benefits to the security, sustainability and affordability of the system as a whole. By 2040, in the residential sector alone, 1 billion households and 11 billion smart appliances will "actively" participate in interconnected electricity systems, and will thus be able to decide to change when to draw electricity from the grid. The EU's "Energy Union" strategy and the recent CoP 21 strengthen the energy policy axes of security of supply, sustainability and competitiveness, together with the need to invest in research and innovation to embrace the necessary changes. But it is also raising new security and privacy risks, while disrupting markets, businesses and workers. Rolling out smart charging technologies for electric vehicles could help shift charging to periods when electricity demand is low and supply is abundant. Specifically, optimisation of control processes through automation and enhanced data collection and analytics are likely to reduce overall costs. The greatest transformational potential for digitalisation is its ability to break down boundaries between energy sectors, increasing flexibility and enabling integration across entire systems. Workers supporting digital infrastructure will need specialised ICT skills, such as coding and cybersecurity, while across the energy sector, all workers will need generic ICT skills to operate digital technologies. Deployment of industrial robots is expected to continue to grow rapidly, with the total stock of robots rising from around 1.6 million units at the end of 2015 to just under 2.6 million at the end of 2019. The energy sector has been an early adopter of digital technologies. For example, global annual internet traffic surpassed the exabyte threshold in 2001 and is expected to pass the zettabyte threshold by 2017. Industroyer/Crash Override (Ukraine, December 2016 – reported May 2017). Digitalization holds the potential to build new architectures of interconnected energy systems, including breaking down traditional boundaries between demand and supply. Digitalisation is one of the biggest enablers of the global transition to clean energy. Digital data and analytics can help achieve greater efficiencies through improved planning, improved efficiency of combustion in power plants and lower loss rates in networks, as well as better project design throughout the overall power system. In the IEA Central Scenario, final energy consumption for transport grows by almost half to 165 exajoules in 2060, with most of the demand coming from road freight vehicles (36%) and passenger light-duty vehicles (28%). Industry is responsible for around 38% of global final energy consumption and 24% of total CO2 emissions. Policy-making processes can also benefit from more timely and sophisticated collection and publication of energy data that greater access to digital data could facilitate. Big data analytics optimise route planning and can help pilots make in-flight decisions and reduce fuel use. The assessment found that 9% to 17% of total typical aircraft mass could be replaced by lighter 3D printed components in the near term. Caption: Themed on "Leading energy digitalization, building a green intelligent world", Huawei conducts a digital energy roadshow in Japan. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Drones could also be used to inspect gas pipelines and hard-to-reach facilities. Energy policy makers need to make sure they are well informed about the latest developments in the digital world, its nomenclature, trends, and ability to impact a variety of energy systems (both in the near and longer term). In this way, we can combine state-of-the-art knowledge with in-field experiences. These attacks did not target energy infrastructure, but several energy companies reported problems. Find out how digitalisation is transforming the management, operation and maintenance of renewable energy assets, and driving a more efficient renewable world. For digitalization to have real impact, however, it must be integrated across the whole business. For example, digital data can revolutionise an evolving process known as “data fusion”, in which datasets are created which are far more powerful than a simple sum of their parts. Tags: automation COVID-19 digitalization green practices reducing shipping emissions seafarer's rights SMM wind … Digital technologies will have significant consequences on energy demand and supply in terms of efficiency, reliability and sustainability. For example, since May 2015, the European Commission has delivered 35 legislative proposals and policy initiatives in its Digital Single Market strategy. Billions of new connected devices are expected to be connected over the next few years. The increased availability of low-cost sensors and computer-aided simulations will bring new opportunities for coal operations. Digitalization brings a new era of intelligence Mr. Liang predicted that by 2025, more than 30 percent of the global GDP will be generated by the digital economy and pointed out the key trends contributing to this revolutionary shift towards digital: 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. We are on the cusp of a new digital era in energy. Digital technology applications for CO2 capture are similar in nature and benefit to digitalisation in industry and power generation. Digitalization: A New Era for Oil and Gas The Oil and Gas industry is no stranger to big data, technology and digital innovation. Education policies and technical training to ensure an adequate pool of relevant expertise for both the private and public sectors will also be critical. Conferences, workshops and exercises can also help. In the European Union alone, increased storage and digitally-enabled demand response could reduce curtailment of solar photovoltaics (PV) and wind power from 7% to 1.6% in 2040, avoiding 30 million tonnes of carbon dioxide emissions in 2040. Widespread use of digital technologies could decrease production costs between 10% and 20%, including through advanced processing of seismic data, the use of sensors, and enhanced reservoir modelling. With the expected continuing expansion of industrial production over the coming decades, particularly in emerging economies, the value of digitalisation in improving the efficiency of energy and material use will only increase. Ships are also being equipped with more sensors, helping crew take actions to optimise routes, while advances in satellite communications are enabling greater connectivity. Drones could also be used to inspect pipelines (which are often spread over extended areas) and hard-to-reach equipment such as flare stacks and remote, unmanned offshore facilities. The industrial sector has used process controls and automation for decades, particularly in heavy industry, to maximise quality and yields while minimising energy use. The pace of digitalisation in energy is increasing. Digitalisation can facilitate positive change, but only if policy makers undertake efforts to understand, channel and harness digitalisation’s impacts and to minimise its risks. Digitalization: toward a new era in energy. Global Internet traffic has grown threefold over the last five years, and around 90 percent of the data in the world today was created in the past two years. We need an appropriate, reliable and secure communication system if the power system is to be operated with Dispersed Energy Resources (DER) in a dynamic way. Over the period to 2040, a 5% reduction in O&M costs achieved through digitalisation could save companies, and ultimately consumers, an average of close to USD 20 billion per year. 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. December 7, 2020 By Hans Korteweg Leave a Comment. -Expected impact: Demonstrate in several pilots how the smart systems (smart controllers and smart appliances) can be integrated in the existing buildings to interface and/or to control the major energy consuming domestic appliances that are already installed; Energy policy makers should be active in these inter-agency discussions to ensure energy sector perspectives and equities are taken into account. Policy makers, business executives and other stakeholders increasingly face new and complex decisions, often with incomplete or imperfect information. While it is expected that digitalisation in industry will continue in an incremental manner in the near term both inside individual plants as well as beyond the plant fence, some digital technologies may have far-reaching effects on energy use in certain areas, especially when they are applied in combination. Examples include semi- or fully-automated systems, robotic mining, remote mining, operation automations, mine modelling and simulations, and the use of global positioning system (GPS) and geographic information system (GIS) tools. Privacy and data ownership are also major concerns for consumers, especially as more detailed data are collected from a growing number of connected devices and appliances. Additionally, the six Additionally, the six prefectures of Tohoku and Niigata Prefecture, where we have our base of operations, are facing a significant change in the In the IEA Central Scenario, electricity use in buildings is set to nearly double from 11 petawatt hours (PWh) in 2014 to around 20 PWh in 2040, requiring large increases in power-generation and network capacity. As explored throughout this report, there is no way to predict with certainty how particular digital technologies will interact with specific energy system applications, especially in complex real-world situations that involve multiple policy objectives and uncertain (and sometimes unintended) feedbacks. More Platform Posts >> Thank you for subscribing. Governments may also consider setting up equivalent digital "sandboxes" along the lines of fintech test zones developed in Australia, Indonesia and Singapore. Digitalisation can help the development of distributed energy resources, such as household solar PV and storage, by creating better incentives and making it easier for producers to store and sell surplus electricity to the grid. Economies of scale for clean energy generation are rapidly transforming the grid. Digital Transformation & SDGs Digitalization is expected to continue propelling the travel experience on its trajectory towards becoming more seamless, frictionless, and high quality and in a way that contributes to the Sustainable In the longer term, the potential exists to improve the analysis and processing speed of data, such as the large, unstructured datasets generated by seismic studies. Digital data and analytics can reduce power system costs in at least four ways: by reducing operations and maintenance costs; improving power plant and network efficiency; reducing unplanned outages and downtime; and extending the operational lifetime of assets. 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. Global potential of demand response and its implications. In electricity networks, efficiency gains can be achieved by lowering the rate of losses in the delivery of power to consumers, for example through remote monitoring that allows equipment to be operated more efficiently and closer to its optimal conditions, and flows and bottlenecks to be better managed by grid operators. 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. This digital investment in 2016 was almost 40% higher than investment in gas-fired power generation worldwide (USD 34 billion) and almost equal to total investment in India’s electricity sector (USD 55 billion). 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 The New Era of Energy: Reinforcing Energy Industry Through Digitalization Transformation An opportunity for student associations to improve themselves, to develop new innovations, and to expand their connections with future petroleum engineers to be technically advanced, socially informed, and supplied with the ability to strive. Understanding consumer behaviour and being always up-to-date in monitoring the energy efficiency of new energy-using devices will be increasingly important. Digitalisation could also benefit specific clean energy technologies like carbon capture and storage (CCS). Digitalization holds great promise to help improve the safety, productivity, efficiency and sustainability of energy systems worldwide. Help ensure that energy is consumed when and where it is needed, by improving the responsiveness of energy services (e.g. Much of the digital transformation and innovation from the oil and gas industry appears to be transferable to CO2 storage assessment and development as well. Rapidly advancing digitalization in building technology is changing the vision for buildings of the future. Electrification, decentralization and digitalization are converging to create a smarter and more connected electric system. It also lays out no-regret recommendations to help steer the world towards a more secure, sustainable and smarter energy future. In the long term, the oil and gas industry will be able to use robots and artificial intelligence for its operations. However, several challenges stand between the current system and a … These lessons can include both positive case studies as well as more cautionary tales. Technically recoverable oil and gas resources could be boosted by around 5% globally, with the greatest gains expected in shale gas. Electricity demand growth in buildings has been particularly rapid over the last 25 years, accounting for nearly 60% of total growth in global electricity consumption. Digitalization across the energy landscape is determining the system-wide changes… 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 … This was an example of a cyber intrusion into the control systems of critical infrastructure. But the IEA warns that we should not underestimate the flip side of the coin, namely that digitization brings with it new risks for security and privacy, and is changing markets, business models and employment levels. More than 3.5 billion people, or nearly half the global population, now use the Internet, compared to just 500 million in 2001. Adding to this challenge is the extremely dynamic nature of energy systems, which are often built on large, long-lived physical infrastructure and assets. There are now more mobile phone subscriptions (7.7 billion) than people in the world. 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. The recent IEA report, the Future of Trucks, found that applying digital solutions to truck operations and logistics could reduce road freight’s energy use by 20-25%. Overall, digitalisation is likely to lead to further efficiencies along the supply chain, but is less likely to replace still-sizeable labour needs for major engineering and construction activity related to physical infrastructure. Digital technologies are everywhere, affecting the way we live, work, travel and play. But getting everything right will not be easy. They will depend on the combined effect of changes in consumer behaviour, policy intervention, technological progress and vehicle technology. fulfilling new functionalities. For example, miniaturized sensors and fiber optic sensors could be employed to enhance production or boost overall recovery of oil and gas from a field. Digitalization in Power Distribution In recent times, various types of power sources are installed in a dispersed manner throughout power distribution systems. Stunning advances in data, analytics and connectivity are enabling a range of new digital applications such as smart appliances, shared mobility, and 3D printing. Smart demand response could provide 185 GW of system flexibility, roughly equivalent to the currently installed electricity supply capacity of Australia and Italy combined. The number of smartphones is expected to increase from 3.8 billion in 2016 to almost 6 billion by 2020, while the number of connected IoT devices is expected to triple from about 6 billion in 2016 to over 20 billion by 2020. Opportunities provided by digitalisation to improve energy statistics can only be realised with access to data. In aviation, the latest commercial aircraft are equipped with thousands of sensors, generating almost a terabyte of data on an average flight. Renewables, distributed generation, and smart grids demand new capabilities and are triggering new business models and regulatory frameworks. As policy makers design a range of energy policies, they should ensure appropriate flexibility to deal with new developments in digital and communication technologies, while these continue to rapidly evolve, often in hard-to-predict ways. Digital resilience also needs to be included in technology research and development efforts as well as built into policy and market frameworks. This is the first blog post in the Beamex blog series "Calibration in Times of Digitalization" we will take a look into the future to give you an understanding of hot topics such as Industry 4.0 and Smart Factory, which are on everyone's minds.You have probably heard … energy delivery systems and distribution networks. Over the longer term, it is conceivable that most electrical devices – and even some consumer items such as clothing – could become connected IoT devices, using energy to collect, process, store, transmit and receive data. Digital data and analytics can also reduce the frequency of unplanned outages through better monitoring and predictive maintenance, as well as limit the duration of downtime by rapidly identifying the point of failure. Nuclear plant spear phishing attack (US, 2017). About 54% of households now have internet access at home. With the digitalization of the energy landscape, companies’ blind spots are increasing. Hyperscale data centres are very efficient, large scale public cloud data centres operated by companies such as Alibaba, Amazon, and Google. Digital technologies have also had an impact on the way products are manufactured. To learn more about cookies and their benefits, please view our privacy policy.Please be aware that parts of this site will not function correctly if you disable cookies. Data networks, which form the backbone of the digital world, consumed around 185 TWh globally in 2015, or another 1% of total demand, with mobile networks accounting for around two-thirds of the total. ... Utility digitalization: a new strategy to interact with customers. These are the conclusions of a recent report compiled by the International Energy Agency (IEA) titled "Digitalization and Energy". It has several advantages compared with conventional manufacturing, including reductions in lead time, reduction of scrap materials, lower inventory costs, less manufacturing complexity, reduced floor space and the ability to deliver manufactured pieces with complex shapes and geometries. Digitalization, triggered by the coronavirus, has changed how energy is consumed in many countries. The overall savings from these digitally enabled measures could be in the order of USD 80 billion per year over 2016-40, or about 5% of total annual power generation costs based on the enhanced global deployment of available digital technologies to all power plants and network infrastructure. The magnitude of these potential impacts – and associated barriers – varies greatly depending on the particular application. As early as the 1980s, Oil and Gas companies began to … It is hoped it will foster further discussion among governments, companies and other stakeholders. In the residential sector alone, 1 billion households and 11 billion smart appliances could actively participate in interconnected electricity systems, allowing these households and devices to alter when they draw electricity from the grid. A review of key energy sectors demonstrates the many – and varied – ways in which digital technologies can affect jobs and skills in the energy sector. The pace of digitalization in energy has increased dramatically in recent years. through learning algorithms that auto-programme heating and cooling services). This reduces costs and increases the resilience and reliability of supply. For example, one recent study quantified the energy and resource impacts of selected lightweight metallic additive manufacturing components in the US aircraft fleet, under different adoption scenarios to 2050. supply and demand structure caused by the spreading use of renewable energy and digitalization. While energy infrastructure can be expected to last 50 years or more in many instances, software, applications, and even ICT hardware turns over quickly. Across all transport modes, digital technologies are helping to improve energy efficiency and reduce maintenance costs. But digitalisation is also raising new security and privacy risks. Digitalization can improve safety, increase productivity and reduce costs in the oil and gas, coal, and electricity sectors. Digitalization has the potential to enable a true “smart grid,” which uses battery storage and the “smart” release of renewable-generated energy, as … Digitalised energy systems in the future may be able to identify who needs energy and deliver it at the right time, in the right place and at the lowest cost. All of this has enabled commodities trading firms to enter a new market era. New tools such as blockchain could help to facilitate peer-to- peer electricity trade within communities. This ratio is going to be reversed by 2040, experts say. Source: Accenture Digital Energy Trends¹ There is growing consensus that the Oil and Gas industry is on the cusp of a new era, as a wave of business and digital technologies looks set to reshape the sector, propelled by a series Thanks to smart thermostats and light sensors and other digital technologies, energy use in residential and commercial buildings could fall by 10 percent between 2017 and 2040. Building system-wide resilience depends on all actors and stakeholders first being aware of the risks. This report seeks to provide greater clarity to decision makers in government and industry on what digitalisation means for energy, shining a light on its enormous potential and most pressing challenges. Toward a New Era in Regulatory Reform: Japan on the Cusp of Digital Transformation Economy Politics Nov 26, 2020 Prime Minister Suga Yoshihide has identified regulatory reform as one of … As billions of new devices become connected over the coming years, they will draw electricity at the plug while driving growth in demand for – and energy use by – data centres and network services. 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%. Impact of smart versus standard charging EVs. The digitalization of energy systems promotes new energy sources and carriers, and supports innovative models for energy optimization and marketing. To date, the disruptions caused to energy systems by reported cyber-attacks have been relatively small. Energy market and regulation professional with experience in 3 continents. The IEA’s latest report, Digitalization & Energy, is the first-ever comprehensive effort to depict how digital technologies could transform the world’s energy systems. We are at the dawn of a new era in energy. “WannaCry” ransomware hit hundreds of thousands of computers in thousands of organisations in some 150 countries. 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. The digital transformation in commodities and energy trading has been made possible by the increase in information available to trading firms and the speed at which they are able to process this data by employing digital tools and analytics platforms. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. April 04, 2018. It can yield significant energy and resource savings under the right conditions. The energy sector's employment of digital technologies goes back a long way. For example, global investment in digital electricity infrastructure and software has grown by over 20% annually since 2014, reaching USD 47 billion in 2016. Digitalisation & Energy: A new ea in energy? The digitalization of the power infrastructure is not a new idea. Digital energy security should be built around three key concepts: International efforts can also help governments, companies and others to build up digital resilience capabilities. The interactions among potential disruptions in road transport including the uptake of automated, connected, electric and shared (ACES) mobility will play a key role in shaping the future energy and emissions trajectory of the overall transport sector. Finally, digital technologies could help integrate higher shares of variable renewables into the grid by better matching energy demand to solar and wind supplies. THE ROLE OF DIGITALIZATION IN DRIVING DEMAND FOR INDUSTRIAL DECARBONIZATION 8 Figure 2 Recent Growth Trends in Digital Energy Infrastructure Invesment Source: International Energy Agency A NEW ERA … It is also changing markets, businesses and employment. 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. Today, energy demand is shifting eastward, mainly Southeast Asia and China. While digitalisation can bring many positive benefits, it can also make energy systems more vulnerable to cyber-attacks. While these technologies could reduce the energy intensity of providing goods and services, some could also induce rebound effects that increase overall energy use. of energy labels to meet minimum energy efficiency standards allowing the exchange of data between different organisations. 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