Innovation, digitization, technology, new professional figures-these are the elements destined to bring about a radical change in the energy sector, which has already undergone a gradual revolution in recent years.
The change was inevitable: connection and reliability have become the main competitive levers in a system as complex as the energy sector, as highlighted by the IEA’s study on the impact of Digital Energy on the sector.
The first report compiled by IEA (International Energy Agency) defines the digitization of the energy sector by talking about a new trend that only “predisposed,” ready business models can resist.
Let’s look together at the highlights of the research.
Digital investments as a starting point
According to the report, energy companies investing in digital have increased: as much as 20 percent more each year since 2014.
Technology as simplification
Digitizing also means facilitating and streamlining processes. In fact, the IEA’s analysis addresses the ease with which not only can energy information be accessed today, but highlights how much more accurate that information is today.
Innovation as an opportunity
One of the markets most affected by the benefits of digitization is the electricity market; the acquisition of technological tools, in fact, has enabled the optimization of existing resources and the implementation of others, access to some facilities even for citizens (such as those on photovoltaics for domestic use) and the shortening of physical-bureaucratic distances.
International Energy Agency research has highlighted the benefits that digitization has brought to the transportation sector as well: less maintenance costs, more competitiveness, and more energy efficiency.
In conclusion, it must be considered that in order for the digitization of the energy sector to be fruitful from an economic point of view as well , and thus no longer just technical-practical, some improving actions must be put into practice:
- prepare their team, enriching it with digital professionals;
- doing testing, experimenting, so as to increasingly refine the products to be offered;
- nurture a daily, synergistic work between research and development.
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