How to Accelerate Decarbonization?
The energy landscape across the world will continue to shift in the years ahead, as it has done over the previous century or more. Digitization, artificial intelligence, and the internet of things will take us toward a decarbonized economy. This includes everything from improvements in grid technology to the development of renewable energy sources. In order for solar power to flourish, we must first work toward a more stable and resilient electrical system. This can be done through greater integration and coordination between generating assets, distribution grids, and customer needs (demand response), as well as by increasing efficiency and ensuring the security.
1. Consistency of Use Transparency
The Internet of Things (IoT) allows organizations to gather and analyze resource and energy data as well as gain insights into facilities, systems, and plants. With this, electricity and other resources are no longer viewed as simply available for use when required. Rather than simply tracking individuals and their behavior, these technologies can capture what we consume and regulate it to meet real targets, forecasts, grid performance, and other objectives. This would be the start of the decarbonization process.
2. Analytics and Artificial Intelligence
The game is the perfect proving ground for artificial intelligence (AI). Its capacity to give comprehensive insights into a company’s carbon footprint as well as quick cost-cutting victories has the potential to help speed up the decarbonization process and achieve long-term change.
Large companies are in an excellent position to profit from AI’s potentialities because their size allows them access to large data sets, which is a necessary precursor for utilizing AI.
3. Collaboration of Digital Ecosystems
It’s difficult to combat global warming on your own, therefore partnering with the correct technological partner is frequently the quickest, simplest, and most successful approach to achieve decarbonization goals. This is where digital ecosystems may have a significant impact.
Exactly where digital ecosystems enable end-users, technology suppliers, and integrators to collaborate and exchange data for gaining new insights, develop new solutions, and address efficiency and sustainability issues.