How tech companies are moving into the energy sector

rom power generation and distribution to customer engagement, the entire energy system is moving towards digitization, decentralization and being data-driven. This presents huge opportunities for tech firms to, for example, help build IoT enabled smart energy efficient cities and decentralised energy systems, where [Read More]

Summary… * Machine-Made


From power generation and distribution to customer engagement, the entire energy system is moving towards digitization, decentralization and being data-driven.
This presents huge opportunities for tech firms to, for example, help build IoT enabled smart energy efficient cities and decentralised energy systems, where neighbours can trade self-generated renewable energy, aggregating and analysing new data provided by smart meters, addressing cybersecurity for critical infrastructure, and for creating a smart national grid for easier energy balancing and distribution.
Speaking at AI Expo Global last week, David Healey, smart energy director at WSP, said the private sector is the engine that will drive the necessary energy solutions.
Furthermore, using AI and other technologies the company says it can more accurately predict energy demand than traditional methods.
Some regulators are championing change within the energy sector driven by tech firms.

Opinion… * Man-Made


The entire #Energy Industry is moving towards digitization, decentralization and being data-driven. #Trend

Source: Techhq