33 Fortunately for every challenge , digital provides a clear framework if not an outright solution , whether it is smart metering , AI or developing more intelligent building management systems – although they all come at a price . PwC ’ s Unlocking capital for Net Zero infrastructure report estimates around £ 40bn per year is required on average to be invested in new low carbon and digital infrastructure over the next ten years . It goes as far to list Digital as a key asset class , alongside Power , Buildings and Industry , and Transport .
There can be no denying the energy industry has been through a tumultuous period . The reduction in hydrocarbon demand saw leading oil and gas companies reduce the reported worth of their assets by more than $ 50 billion in 2020 . Through internal cost pressures as much as external environmental concerns , the industry has pivoted as one – embracing solar , wind and hydrogen energy .
Renewable energy is now a tangible reality . Storm Bella ’ s strong winds turned enough turbines to generate just over half of Britain ’ s electricity on Boxing Day .
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