From the rapid rise in the number of connected devices to automated production processes, digital technologies are profoundly changing our energy habits. These technologies both improve the productivity of infrastructures and reduce worldwide energy consumption, concludes a recent report from the International Energy Agency (IEA)*.
Energy systems are increasingly digitized, making it possible to identify needs in real time and to provide energy at the right moment. They are therefore more productive, more reliable and more sustainable. According to the IEA’s estimation, widespread use of digital technologies could reduce production costs by between 10 % and 20 %.
Although digitalization first saw the light of day in the energy sector back in the 1970s, used particularly for managing energy networks, the scale of Big Data and advances in technology are now profoundly revolutionizing production and consumption models.
According to the IEA report, more than a billion homes could form part of interconnected electricity systems by 2040. There will be more than 20 billion smart appliances by 2020.
ENGIE has taken a decisive step toward the energy revolution by focusing on digitalization. The Group plans to invest €1.5 billion in emerging technologies and digitalization between 2016 and 2018.