The ‘ 3Ds ’ in more detail
INDUSTRY X . 0
Unprecedented change is reshaping the energy industry , discover how IoE and digital ecosystems can help navigate the complexities of the industry
WRITTEN BY : GEORGIA WILSON
Living in an era of unprecedented change , the ‘ 3Ds ’ are simultaneously reshaping the energy industry and driving the global energy transition at a much faster rate than previously expected . The drive to become decentralised , to decarbonate , to democratise and to diversify , is pointing the energy sector into one direction — digitalisation .
The ‘ 3Ds ’ in more detail
Decarbonisation Industry wide , the energy sector is shifting its focus from economic performance to decarbonisation , shaping innovation , government policy and stakeholder actions .
Decentralisation The reliance on large generation plants is decreasing rapidly , being replaced by a larger number of smaller generators , as well as individual businesses and home generation . This decentralisation of energy is expected to reduce prices , improve security , and reduce emissions .
Digitalisation Such complex changes to the energy infrastructure will require effective management and monitoring , something which digitalisation will play an integral role in . energydigital . com 45