Digital technologies can be crucial in building the future of productive uses of energy, financial inclusion and job creation. HCL is studying the digital-energy nexus potential in rural areas of the developing world.
The energy sector is undergoing a dramatic transition based on decentralised, clean and digital energy solutions.
New digital technologies offer innovative, additional ways to reduce costs and improve efficiency and speed in all stages of project development, design and operation of mini-grids and autonomous systems. Geographic information systems, satellite images, predictive analytics, artificial intelligence, internet of things (IoT), peer to peer trading, cloud computing solutions and blockchain, reduce the planning, development, implementation, operation and maintenance costs of decentralised energy projects.
The Energy-Digital Nexus Workshop was attended by more than 40 project developers, technology providers and other stakeholders from around the world.
The new EU activity on decentralised energy utilising digital paradigms was presented at the European Commission’s Workshop on the Energy Digital Nexus, organised with HCL support on 14 March 2018. The Workshop was held in the framework of the 4th edition of the ARE Energy Access Investment Forum in Catania, Italy.
The event was an opportunity for investors, project developers and other stakeholders to learn more about upcoming support schemes, innovative products and new business models to accelerate rural electrification and advance the market for decentralised renewable energies.
The new Energy-Digital Nexus activity will draw on the forces of the energy transition to enable scaling-up of decentralised, clean energy solutions in areas without or insufficient energy access.
Key market players presented how they utilise digital technologies from site selection and design of a mini-grid up to operation. Following the presentations, interactive discussions took place among all of the participants sharing experiences from around the world, identifying various needs and how digital technologies could be used to overcome them.