Sort by. AI aiding with disaster response, reducing air pollution, making renewable energy more affordable and helping to make buildings more energy efficient. Save my name, email, and website in this browser for the next time I comment. Digital’s greatest impact will be on the operation of renewable assets. US city now generating renewable energy from an underground water pipeline. Power Ledger: democratizing clean energy ... Energy management systems are enabling a transformation to a new, digital energy era. Microsoft announces plans to establish a new datacenter region in Denmark to accelerate the country’s green, digital transformation. Most Read. But not only the Digital transformation influence on production and maintenance processes. renewable energy GmbH, explores how digitalisation is supporting the growth in renewable energy and creating a better industry through innovations that include battery energy storage, new grid models and more efficient services and systems. Follow. Digital technologies are increasingly being applied to energy infrastructure, with consumers and businesses adopting distributed generation and storage solutions. This website uses cookies so that we can provide you with the best user experience possible. Energy and Resources – Renewable Energy In Germany, wind energy is the number one renewable power source. Digital access to the client: internet allows us to go to consumers with total transparency and provide new services. These days we celebrate our first year with a digital presence in social networks. EDP Digital Transformation & Range Extension Customer Challenges In 2017, volatility of energy prices, reduced predictability combined with higher regulatory pressure pushed EDP to revisit the operations and maintenance strategy for their conventional generation including thermal … According to the online newspaper the power: “The level of digitalization of the electrical industry is already very high,more than 10 years ago that the production has incorporated it, for example, the automation of hydroelectric power plants and wind farms, everything is done from the control centres, and has a direct consequence in employment and efficiency”. Connectivity: networking through various devices allows you to synchronize logistics chains, shorten delivery times and cycles of innovation. The Continent’s leading players are using digital to extend their global leadership in offshore wind, creating strategic challenges for mid-market players. Successful companies don’t think of big data and advanced analytics as “IT projects” but as enterprisewide platforms that will enable current and future business success. There are platforms for monitoring of plants producing renewable energies which allow to visualize real-time readings of operation of each one of the devices that are part of the plants, managing them in a more efficient and cost-effective way. Marginal costs of data transmission and storage allow for the uploading of data from local control loops to data lakes. Embracing digital transformation in the power and energy sector is a key step in national and regional plans to improve energy efficiency throughout sub-Saharan Africa. Those on the forefront of this sector have made digital an integral part of their core business strategy. There are platforms for monitoring of plants producing renewable energies which allow to visualize real-time readings of operation of each one of the devices that are part of the plants, managing them in a more efficient and … Operators need to build or buy digital capabilities and redesign all their service processes in order to make use of the insights provided by digital. And real-time results are available with ample computing power. Oct 18, 2020. That scope is hard enough and has plenty that needs to be addressed. Along the full wind and solar value chain—where minimizing operating costs while maximizing effectiveness is the key to winning—digital solutions are a crucial part of the strategy. GE Renewable Energy’s Hydro Solutions Targeting a 20% reduction in operating costs, BKK will leverage the full GE APM portfolio to transform its Operations & Maintenance (O&M) practices. Here are the larger trends: •    The amount of data generated is growing exponentially. Three ways to thrive through the digital and energy transitions. More high-quality data sources are becoming available, including meteorological data, demand forecasts, and price forecasts. Cloud architecture. They also face a competitive threat from decentralized DERs, chiefly rooftop solar installations. D igital innovation is exerting a widely disruptive influence on businesses everywhere. Transforming the power and utilities IT organization The SAIMM is going Digital! Through digital channels, as well as smarter microtargeting of customers, installers can better reach customers. It enables the organization to become more outcome-focused, continuously innovating and iterating at a fast pace. Increasing the penetration of renewables will require solutions in the energy management and storage space, which are digitally enabled. REDi_official. For this reason, every time is connected more with the companies through the social networks. Furthermore, the consolidation of industry players gives access to data from a larger portfolio. Energy Digital Magazine covers Energy 4.0, Global Energy investments, innovation, automation & AI, smart technologies and sustainability - connecting the world’s largest community of renewable energy executives. Battery storage of electricity is just beginning its deployment and cost-reduction journey, aided, once again, by supportive regulators. Vega 6, 2ª P. 41900 Camas (Sevilla) Spain. Qatar is set for an accelerated shift to renewable energy, according to a new study by Roland Berger, which in turn will have a “dramatic and lasting impact” on Qatar's energy system. Digital technologies are increasingly being applied to energy infrastructure, with consumers and businesses adopting distributed generation and storage solutions. Thepower and utilities sector was traditionally where many parents or grandparents parked their savings as they got older, attracted by low volatility and stable returns. Increasing the penetration of renewables will require solutions in the energy management and storage space, which are digitally enabled. Its CIO, Fernando Lucero, outlines the scale of its ambitions. But to what extent has the crisis accelerated digital transformation efforts and which technologies are more in demand as a result? They also face a competitive threat from decentralized DERs, chiefly rooftop solar installations. It also influences the relationships with customers. If you disable this cookie, we will not be able to save your preferences. The Digital Transformation Intern will work on developing new and/or maintaining existing software. But in successfully reimagining operations—and building digital capabilities along the way—energy companies will open the next horizon of digital opportunity: truly disruptive business models. Utilities are partnering with cities and builders to implement sensing technology and data analytics in “self-learning” buildings, as part of integrated municipal energy and environmental planning. Here are the larger trends: • The amount of data generated is growing exponentially. Centralized, utility-scale renewable energy is not the only challenge facing power and utilities companies. Enefit, the leading energy service provider and renewable energy producer in the Baltics is powering its clean energy transition with Azure IoT, Dynamics 365, and Microsoft 365. 1 2 3... 6 Page 1 of 6. Filter By . •    Data analytics provides deeper insights in real time. DIGITAL IN ROOFTOP SOLAR POWER. For now, digital transformations in energy will largely focus on operations. They help their customers with software and web development, UX design, and digital marketing for a digital transformation. Defining technology enablers, strategic drivers and a roadmap for BCP’s enterprise and refinery, marketing/retail and renewable energy businesses. Analytics tools are becoming much better at processing both structures and unstructured data. With our broad portfolio of technologies and solutions ranging from sensors and edge analytics to enterprise-scale Artificial Intelligence, we help our customers get better data and make better decisions. Greater reliance on big data and advanced analytics can help market participants create long-term value and avoid being outmaneuvered by fast-moving technologies and competitors. . Energy Digital Magazine covers Energy 4.0, Global Energy investments, innovation, automation & AI, smart technologies and sustainability - connecting the world’s largest community of renewable energy executives. And it is that progress towards a digital society is an indispensable condition of the market, so companies should seek the road towards digitalisation. 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. The rapid growth of renewable energy has added new levels of complexity to the power and utilities business. With the declining cost of renewable technologies, including batteries that are being scaled rapidly by companies such as Tesla Motors and Panasonic, generation is being transformed. Offshore wind farms in particular require innovation, since they must be planned and built to withstand the wear of wind, water, salt, UV rays and waves over the 20 years or so of their service lives. A recent survey by Deloitte found that 95 per cent of energy executives believe that ‘Digital transformation is a top strategic priority.” Utilities and power companies are increasingly adopting cloud computing, IoT, robotic process automation (RPA), and more to help create new revenue streams improve distribution and customer engagement. ), Digital Transformation in the renewable energy sector, How to create environmental awareness in our children, How to care for the environment while running. enercast is a leading technology provider for applied artificial intelligence and the digital transformation of renewable energy, delivering power forecasts to customers worldwide. Emerging policies, expanding investment interest, and advancing technologies are driving the growth of renewable energy across the globe. As the penetration of nondispatchable PV and wind power exceeds thresholds of 20% and 30%, market mechanisms and the way participants interact are fundamentally changing. Digital’s greatest impact will be on the operation of renewable assets. A surveillance service and continuous monitoring service to guarantee very short response times to possible incidents. •    Data lakes—accessible by analytics—are also growing at a rapid pace. A recent Deloitte study of the renewable energy industry found that in the last year, renewables have overtaken coal as a source of power generation in the United States. ‍In this white paper Dr. Virgil Cazacu, Head of Digital Transformation, BayWa r.e. This means that every time you visit this website you will need to enable or disable cookies again. An essential step in the process of digital transformation that we are carrying out in our company. Simultaneously, hardware manufacturers and software development companies have been gathering experience in creating and integrating business-driven solutions with huge corporate systems, with an emphasis on internal reliability and … The Digital Transformation Intern will work on developing new and/or maintaining existing software. Because we think that the digital transformation is present and future in the production and business communication. Highlights BKK to adopt GE Renewable Energy's Hydro digital solutions for 30 hydropower plants With the support of GE's digital products, BKK aims to reduce costs with less planned m. . In addition, real-time tracking and monitoring can provide updates for the customer, utility, and installer on the performance of the system—improving overall operations. Renewable energy providers are embracing digital initiatives in the field and back office, including cloud-based data management solutions like Snowflake. Digital transformations in the power and energy sector are a key step in national and regional plans to improve energy efficiency throughout sub-Saharan Africa. 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. As part of our digital transformation journey, this year we are excited to host the Renewable Energy Webinar and PRÉMA Workshop as a completely new digital experience. The rapid growth of renewable energy has added new levels of complexity to the power and utilities business. Global energy company Iberdrola sees digital technology as a key enabler for its transition to a world powered by green electricity. And solar, while earlier in the cost-reduction curve than wind, is also making impressive gains and in some places is now competing with wind on cost. Today we focus on the influence on the sector that concerns us: the digital transformation in the sector of renewable energies. Users have other requirements. As economies throughout the region power up and … The combined effects of lower oil prices and the speed of digital is transforming the energy value chain. Energy Digital. This website uses the following additional cookies: (List the cookies that you are using on the website here. The use of digital tools will allow to increase the productivity of employees, making maintenance much more efficient. Digital’s greatest impact will be on the operation of renewable assets. The investment includes a sustainable datacenter region, powered by 100 percent renewable energy, the ability to store data in Denmark, and a plan to bring digital upskilling to 200,000 Danes by 2024. Operating data from wind turbines and PV systems is increasing quickly as these systems are built—and sometimes retrofitted—with higher-resolution sensors. VP Digital & Transformation, Adani. renewable energy. The digital (and sustainable) transformation of energy In our White Paper, we use data, trends and technological scenarios to describe the revolution that the energy sector is undergoing. A look at the work being done by Farys & Capgemini to deliver the Renewable Enterprise with SAP S/4HANA, driving innovation to successfully create recurring customer value ... opportunities and key digital transformation considerations for companies in the utilities and energy space. Oct 19, 2020. Its main goal was to keep the lights on without breaking the bank. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. The Global Digital Transformation Market in the Oil and Gas Market study with + market data Tables, Pie Chart & Figures is now released by HTF MI. Building on plans announced […] Digital Transformation in the Renewable Energy Space The renewable energy industry is witnessing an unprecedented amount of changes. This project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement No 820561 Utilizing smart data and the Internet of Things (IoT) is key to taking advantage of the digitization within the renewable energy sector. BP to supply more renewable energy for AWS data centers In a new series of clean power agreements, BP has agreed to more than triple the renewable power that it … Fast forward to today and, while still laser-focused on reliability and affordability, the power and utilities sector appears to be morphing into an increasingl… To do so, retail energy providers will need to overcome the complexities of enacting a digital transformation. The customer has already changed its way of relating, also with the companies in the sector of renewable energies. This website uses cookies to provide you with the best browsing experience. Energy providers have long had a mandate to deliver a service and, like many organisations founded in a pre-digital time, they have done so with a focus on operational and functional reliability and efficiency. Our mission is to deliver renewable solutions to lead the transition to a sustainable energy future. And digital tools can improve the dispatching of installation crews and the management of inventory, thus lowering the cost of installation. Building a sustainable energy system. Most experts, including our own, expect battery storage to go through the same hockey-stick growth pattern that characterized wind and solar deployments. energy costs • United States: 100 MW solar array to be built by 2019 by Tucson Electric Power and NextEra Energy Resources in AZ • China: Pledged to invest $367B in renewable power generation by 2020. 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