INDUSTRY X . 0
“Digital technology will be fundamental to help us to manage a more distributed , diverse and decentralised energy system ”
DAN JEAVONS VP FOR DIGITAL INNOVATION AND COMPUTATIONAL SCIENCE , SHELL
IoE automates and upgrades the energy infrastructure with the help of artificial intelligence ( AI ) to allow the exchange of big data . Adding IoE technology to the process not only eases the flow of energy and maximises its potential , it can also lead to the installation of smart grid technology , allowing users to create an integrated communication ecosystem to control power and electrical flow , measure usage , monitor health in their systems , and automate their systems . Smart grid systems also allow users to make better business decisions and forecasts .
What ’ s more , IoE enables the successful incorporation of renewable energy sources into the ecosystem and with climate change driving the need for renewable energy generation , IoE bridges the gap between both home and commercial generation and the rest of the grid . Ultimately the use of IoE and digital platforms and ecosystems with the energy industry will drive change within the industry , overcoming challenges to become more efficient , more reliable , and reduce both production and end-user costs . energydigital . com 51