Renewable energy sources must rely on technology and innovation in order to meet global population needs.
As a way to improve the transition to net-zero emissions in the future and accelerate the energy transition from fossil fuel, the energy sector is moving towards innovation and developing new-energy models.
The energy sector can rely on technology to reinvent itself and respond effectively to the low-carbon revolution. In fact, fostering a culture of innovation, developing strong technological foundations, and relying on a business IT partner to guide your organization through a digital transformation while upskilling your in-house talent can be a great way to face new energy demands.
Energy companies can reinvent the whole sector through innovation, technology and digital transformation. These industries can also support users to reconsider how they consume energy by offering them different ways of energy consumption.
New energy models can also lead to new upselling services and generate more leads and business opportunities: energy storage solutions, clean energy platforms, renewable energy sources, mobility services, and new energy infrastructures.
For the energy sector, this innovative approach means new selling points, new business opportunities and offers, and new ways of generating business leads.
In fact, the energy sector continues to grow, and it’s becoming more efficient and sustainable in responding to global needs. At the same time, it’s finding its way to reduce carbon emissions, the dependency on fossil fuels and its negative impact on climate change by facilitating energy efficiency.
Given this context, investments in renewable energy systems have increased to meet new environmental requirements. And this is because energy consumption is responsible for a major part of the world’s greenhouse gas emissions released into the atmosphere.
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EaaS – Energy as a Service
EaaS refers to business models that provide the consumer with energy services for a monthly or recurring fee. This service model can be critical when it comes to giving consumers the possibility to choose or upgrade to new and more efficient energy sources.
Renewable energy resources
Technology is everywhere, making part of our lives in multiples way, from entertainment to business matters. After the tough years of the Covid-19 pandemic, technology presents itself as a lifesaver, helping all people to connect in a healthier way in order to establish a more sustainable society.
At the same time, digital technologies are helping improve the productivity, accessibility, and sustainability of the energy sector worldwide.
Over the coming decades, technologies are set to make energy systems around the globe more connected, efficient, and reliable. This is why renewable energy stands out as a strong partner in technological development and environmental preservation for a more sustainable future for all.
One of the greatest future promises of energy tech systems may be able to identify who needs energy and deliver it at the right time, in the right place and at the lowest cost. But getting everything proper won’t be easy. And that is why tech, energy, and business must go hand in hand.
Digitization is also raising new security and privacy risks. In addition, it is changing markets, businesses and jobs.
A whole new business model is emerging, while some century-old models may emerge. We are in an era of change, where digital technology is at the centre, combining all the different scenarios, especially the energy and environmental ones.
Thus, the fact that we are facing a new digital age in energy brings new responsibilities to all sectors and investing in clean energy has been one of the trends topics.
New and innovative projects have been launched in recent years to develop renewable energy resources, focused on exploring and recycling natural supplies to enhance future growth and sustainability: wind energy, geothermal energy, natural gas or solar energy.
Management of complex data regarding new user experience is a must, since gas and electricity are now part of a free market economy in different countries, in which consumers can compare offers from different energy companies, choose their suppliers, track their consumption online or produce electricity with the contribution of renewable energy.
In the last years, technological innovation has been able to transform and improve energy requirements as well as the environmental sector.
Renewable energy, like solar and wind power, helped reshape the competitive landscape regarding how energy is produced, distributed and consumed. Some practical examples of how we can use and see digital technologies in the energy sector are autonomous cars, intelligent home systems and additive manufacturing (3D printing).
At this very moment, digital energy transformations will focus primarily on operations. This is a crucial part of the renewable energy engagement process, it’s also quite difficult, and a lot needs to be sorted out.
However, by reflecting and projecting success in operations and building digital capabilities along the way, energy companies will open up a new horizon of digital opportunities.
This is a great service to business and a civic commitment to the global community. We are still at the beginning of the new digital age, and energy is the most powerful source of change. Let’s change with responsibility!
Innovation in the energy sector
Technology and digital transformation can reshape the way energy is consumed and produced. Actions towards new-energy models can take place: green energy, clean energy, electric vehicles, new energy-store solutions, charging stations, Grid management and integration, AI & Robotics, Big Data and blockchain. All these models can offer great value to the success of energy transformation. It is, in fact, possible to reinvent the energy industry through technology and accelerate the energy transition to a net-zero emissions landscape.