There is no doubt that the world is amid a significant energy transition, and technology is going to be essential in enabling this change. The right digital and technology tools will be instrumental in implementing all the interventions that the world is considering undertaking in this journey. Here are four examples of how technology is facilitating this transition.
The first example relates to smart grids. Energy grids were designed with certain kinds of energy sources in mind. But with the increase of renewable energy sources, which are inherently variable, there is a need for more intelligent ways of predicting and managing the grids. Smart grids offer a solution that is dynamic and responsive in managing changes to energy supply and demand. The precision of smart grids is made possible through technologies like sensors, machine learning, and artificial intelligence. These technologies enable the collection and analysis of large datasets that allow energy network operators to optimise grid performance.
The second significant aspect is concerning energy storage. There are a lot of advancements in energy storage systems, but they require a specific set of digital tools. Predicting energy usage, using AI and ML to effectively utilise energy storage mechanisms can help stakeholders optimise its advantages, delivering significant benefits. Additionally, by implementing digital tools, energy storage systems can manage demand-response challenges and increase system efficiency.
The third example shows the importance of tracking carbon emissions. Accurate carbon capture measurements are essential for measuring progress and ensuring accountability for achieving emission targets. Digital technologies offer a unique platform that can track a wide range of variables, making it easier to measure the carbon footprint of various aspects of the energy industry.
Lastly, the use of personal electric vehicles has significantly increased, and this trend is in tandem with the transformation of the public transportation system that enables EV use, which is made possible by digital technologies. Advances like this not only help reduce carbon emissions but also increase efficiency and cost savings, enabling more rapid results in the energy transition journey.
Therefore, technology underpins the entire energy transition by providing a wide range of applications that deliver efficiency, reliability, and sustainability. The use of innovative technology applications can enable seamless management of renewable energy-based solutions that enhance power supply efficiency.
Technology and digital tools provide innovative solutions for the utilisation of renewable energy sources while also supporting the transition towards cleaner energy. With the right technology, the transformation from fossil fuel-based energy systems to sustainable and clean energy may not just be possible, but also achievable.
Considering the significant role that technology plays in this energy transition, taking action to implement relevant digital tools is crucial. As individuals, we can explore options like using personal electric vehicles to reduce our carbon footprint, while stakeholders can invest in smart grid systems and energy storage mechanisms that utilise AI and ML to optimise their functionalities. By embracing technology, we can move closer to achieving the Paris Agreement climate goals and foster a positive impact on the environment.
