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Digital Transformation in Green Energy Tech

  • Internet of Things
  • IoT
  • Artificial Intelligence
  • AI
  • Hyperconnectivity
  • Data Sharing
  • Autonomous Robotic Systems
  • Human Machine Interface
  • Distributed Ledger
  • Edge Computing
  • Robotic Process Automation
  • energy
  • utilities
  • smart meter
  • smart grid
  • microgeneration
  • storage
  • batteries
  • electric vehicle charging
  • microgrids
  • virtual power plants
  • VPP
  • Suruchi Dhingra
This report examines digital transformation in the Green Energy Tech area as enabled by the key technology groups that are the focus of Transforma Insights’ research, including Artificial Intelligence, Distributed Ledger and Internet of Things. It identifies 8 key 'Domains of Change' in the energy sector, each of which is examined in detail.

This report examines digital transformation (DX) in the Green Energy Tech area, enabled by
the key technology groups that are the focus of Transforma Insights’ research. It focuses on
the use of DX in power generation to transmission, distribution, end-user locations and other
aspects of energy value chains.

Digital Transformation potential in Green Energy Tech

The Green Energy Tech sector is subject to a confluence of dynamics, each driving significant change. On one hand, the design approach for electricity grids must evolve from a historical focus on ensuring that power generation matches power consumption to an approach that aims to make demand track supply fluctuations so that renewable energy sources can be efficiently integrated into the grid. Meanwhile, end-user demand for electricity is increasing due to the adoption of electric vehicles and trends away from burning hydrocarbons to provide heat. In this context, digital transformation of energy systems is a critical need.

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Eight key domains of change in the Green Energy Tech sector

Overall, we have identified eight key domains of change in the Agriculture sector that are enabled by digital transformation. These are discussed in more detail in this document and comprise:

  • Smart Electricity Meters refer to devices that measure and record electricity usage in near real-time, providing accurate data for efficient energy management.
  • Smart Grids defined as all aspects of grid operations using technology (except smart metering – as it is separately considered), more specifically it includes management of generation (power grids) and transmission & distribution (T&D) networks.
  • Microgeneration covers small-scale power generation (typically through wind turbines and solar panels) by businesses, communities, and individuals instead of using traditional grid-sourced power.
  • Energy Storage refers to the use of technologies that facilitate monitoring and tracking of energy storage devices including batteries contained in household devices to grid-scale energy storage, and the integration of these into grid operations.
  • Electric Vehicle Charging refers to the use of technology to enable EV power consumption and potentially for EVs to become energy storage options.
  • Microgrids and Virtual Power Plants refers to the use of technologies that control and manage campus microgrids (and virtual power plants) to optimise their performance and enhance resilience and stability.
  • Digital Design and Planning includes the use of digital twins for modelling, forecasting, and testing to achieve optimal performance of grids.
  • Energy Trading refers to the use of technology (particularly Distributed Ledger, or blockchain, and Artificial Intelligence) to facilitate energy trading, especially peer-to-peer (P2P) trading that allows consumers (businesses, individuals, communities) and operators to buy and sell electricity to each other.

Collectively, the activities listed above will bring significant changes to the Green Energy Tech area.

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Tracking the impact of 11 digital transformation technologies

This report examines digital transformation
in the Green Energy Tech area as enabled by the key technology groups that are
the focus of Transforma Insights’ research. These technology groups comprise:

  • 3D Printing & Additive Manufacturing
  • Artificial Intelligence
  • Autonomous Robotic Systems
  • Data Sharing
  • Distributed Ledger
  • Edge Computing
  • Future Technologies
  • Human Machine Interface
  • Hyperconnectivity
  • Internet of Things (IoT)
  • Product Lifecycle Management
  • Robotic Process Automation

Accordingly, the aim of this document is not to chart the future direction of the Green Energy Tech industry, but to highlight the key areas of change that are enabled by new and emerging
technologies. The bulk of this report (Section 4) is concerned with discussion of these key areas of change, including an overview of each area, together with the analysis of the business impact, the complexity, timings, and the risk associated with each area. We also identify key enabling technologies for each area (from the list above) and provide summary details of illustrative case studies that are available in Transforma Insights Best Practice &
Vendor Selection
database.

The purpose of this report is two-fold. Firstly, from the perspective of participants in the energy sector the document highlights new and emerging changes that can be expected to impact the electricity industry in the next few years. Secondly, from the perspective of potential vendors of Green Tech industry, it highlights the key emerging areas of opportunity to sell new products, services, and solutions to the industry. Our analysis of the key technologies that enable each of the identified areas of digital transformation will help vendors of horizontal (technology-specific) capabilities to identify the contexts in which they may secure new business supporting Green Energy Tech.

Specific exclusions from the scope of this report include digital solutions supporting water, gas and heat network utilities, digital solutions supporting field force management, and training assistance solutions.

If you have any questions about the content of this report or would like to speak with the author or any other analysts on any topic, you can make use of our Analyst Enquiries service by emailing enquiries@transforminsights.com.

  • Aclara
  • ABB
  • Advanced Microgrid Solutions (AMS)
  • Amazon Web Services
  • Australian Power Grid
  • AlphaESS
  • Bidgely
  • BoxPower
  • BSF IT-Solutions
  • Boston Dynamics
  • C3 AI
  • Utilidata
  • CESC (Calcutta Electric Supply Corporation)
  • DTE Energy
  • Danfoss
  • Dakota Valley Electric Cooperative
  • Duke Energy
  • Eversource
  • Energy Efficiency Services Ltd (EESL)
  • Enel
  • Enel X
  • Elvia
  • ESRI (Environmental Systems Research Institute)
  • EVBox
  • Everynet
  • Elmec Informatica
  • Engie
  • ENI BP
  • EnerVenue
  • Espoon Asunnot
  • Enedis
  • Fingrid
  • Fluence
  • Ford
  • Fujitsu
  • Fortum
  • General Electric
  • Global Sustainable Electricity Partnership (GSEP)
  • Generac
  • Gamesa
  • Green Mountain Energy
  • General Motors
  • Google Cloud
  • Hyundai
  • HVM Catapult
  • Huawei
  • Hitachi
  • Hawaiian Electric
  • Indra
  • India Smart Grid Forum
  • Itron
  • Kazakhtelecom
  • KEPCO (Korea Electric Power Corporation)
  • Kia
  • Landis+Gyr
  • Liberty Utilities
  • LG Chem
  • Moro Hub
  • Microsoft
  • Mitsubishi
  • Manitoba Hydro
  • Mercedez-Benz
  • Mooney
  • NV Energy
  • Nvidia
  • National Grid
  • Nissan
  • Nuvve
  • One Nordic
  • OrionM2M
  • Orion
  • ONYX
  • Open Energi
  • Pacific Power
  • Portland General Electric (PGE)
  • Peshawar Electric Supply Company (Pakistan)
  • Pacific Gas and Energy (PG&E)
  • Powerledger
  • Qatar General Electricity & Water (Kahramaa)
  • Rock Mountain Power
  • Robustel
  • Renpro Energy
  • RWE AG
  • Sense
  • SP Group
  • SolarCity
  • SA Power Networks
  • SOLshare
  • Southern California Edison
  • Simon Property Group
  • Siemens
  • Schneider Electric
  • SolarEdge
  • Simpa Networks
  • State Grid Corporation of China (SGCC)
  • Telia Company
  • Telekom Austria Group M2M
  • Tata Power
  • Turbit
  • Tesla (Tesla Energy)
  • Uttar Pradesh Power Corporation Limited (UPPCL)
  • Unilever
  • UK National Grid
  • Vodafone
  • Verizon Communications
  • Volkswagen
  • Wallbox
  • Wein Energie
  • Walmart
  • Xylem
  • Yousave
  • Zenobe
      • Electricity, Gas, Steam & A/C