Embracing the digital transformation of the energy sector: unlocking opportunities for a clean planet for all

The European technology industries represented by Orgalim are fuelling the ‘3-D’ transformation of our energy system driven by decarbonisation, decentralisation and digitalisation – with digitally enabled tech facilitating new services and business models while accelerating the transition to climate neutrality that is cost-efficient.

The benefits of digitalising energy are already clear. Not only do digitally enabled technologies make the system ever more connected, intelligent, efficient, reliable and sustainable, they also help manage increased complexity of the future energy system as well as empowering consumers to self-produce, self-consume, aggregate, trade and sell energy. These ‘prosumers’ can manage their own energy consumption, enjoy improved efficiency and optimise their overall carbon and environmental performance.

Clearly, there is a window of opportunity for Europe to lead the race to digitalise the energy sector, including by properly managing arising new challenges. For Orgalim, the EU’s adoption of the Clean Energy Package provides a robust and ambitious framework for 2030. Now, Member States must prioritise a timely and ambitious implementation.

EUSEW19 is an excellent occasion to come together and explore how to unlock the enormous growth, innovation and leadership opportunities of digitalisation in Europe’s energy and interconnected sectors. In our view, focus should be directed towards those areas that will create most value for citizens and businesses alike. First, the underlying high-tech infrastructures – such as 5G, fibre and smart grids – must be put in place. And we must continue to build the necessary skills, attract talent, and train and upskill personnel. When implementing the Clean Energy Package the following concrete actions will be key to accelerate the digital transformation:

  • Ensure distribution system operators (DSOs) operate as neutral market facilitators and align network tariffs and DSO remuneration with the new situation to stir investment in smart grids – particularly at distribution level
  • Give price signals reflecting actual scarcity, and value flexibility at a fair price through well-designed dynamic retail tariffs
  • Increase trust and confidence by tackling data privacy and cybersecurity and grant fair access to data for new market entrants
  • Encourage integrated system planning and operation
  • Ensure interoperability and common standards
  • Substitute the most polluting energy carriers and opt for more electrification and alternative fuels deployment in the transport, buildings and industry sectors.

 

By taking these steps, Europe has a unique opportunity to lead the energy transition and digital revolution – creating a fresh boost to jobs and growth in the process. The result will be a win-win for EU citizens, for European industry and for our planet.

For more information, join Orgalim at their EUSEW session titled “Transport, energy and digitalisation – city and industry views”, together with ERTICO and UNIDO on 19 June 2019 at 14.00 to share your views on digitalising energy.

 

This article is a contribution from a EUSEW Partner. All rights reserved. 
Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use that might be made of the information in the article. The opinions expressed are those of the author(s) only and should not be considered as representative of the European Commission’s official position.