10 Nov '17, 10am

MARKET FOR DIGITALIZATION IN ENERGY SECTOR TO GROW TO $64BN BY 2025

Digitalization of Energy Systems, a report by Bloomberg New Energy Finance (BNEF), predicts significant shifts in the intelligence of digital technologies used in energy from today to 2025, and a big change in the sectors of the energy system that most benefit from these technologies. Today, the biggest use of digital technologies like sensors, data collection and analytics in the energy sector is to improve the bottom line of fossil fuel generators. Revenue for digital services for fossil fuel operation and maintenance, or O&M, are estimated to be $24 billion in 2017 – some 44% of the total market size for digitalization measured by BNEF. However, as natural gas and coal plants come offline, and those that remain become digitalized, the opportunities for new revenues from the fossil fuel sector will shrink. By 2025, digital technologies will be more intelligent and more c...

Full article: http://www.renewableenergyfocus.com/view/46417/market-for...

Tweets

The Digitalization of Energy: A $500B Opportunity in EVs and Demand Response

The Digitalization of Energy: A $500B Opportuni...

greentechmedia.com 09 Nov '17, 10am

The International Energy Agency has released its latest report on “digitalizing” the world’s key industries, with a focus ...

Bitcoin Leads Digitalization of Global Monetary...

cointelegraph.com 10 Nov '17, 9am

Over the past decade, companies with almost no physical assets have turned out to be the most successful businesses in the...

COP23: Calls grow for fresh focus on 'climate s...

businessgreen.com 10 Nov '17, 11am

The UN has today published a new guide designed to help government's roll out policies and measures that can curb greenhou...

You can download the full @BloombergNEF report ...

siemens.com 07 Nov '17, 3pm

The whole power industry is in transition with significant changes and new challenges for the energy systems. These challe...

Taking it back to the basics - From our friends...

renewableenergyworld.com 11 Nov '17, 7pm

Workers install equipment for an ocean thermal energy conversion experiment in 1994 at Hawaii's Natural Energy Laboratory....

Can India Lead the Global Minigrid Market Like ...

greentechmedia.com 09 Nov '17, 5pm

Between 2006 and 2016, China evolved from a bit player in solar panel manufacturing to a behemoth. In the process, it spar...

Midwest and Minnesota energy policy leader Fresh Energy is representing us at COP23

Midwest and Minnesota energy policy leader Fres...

fresh-energy.org 10 Nov '17, 7pm

In November, Fresh Energy’s science policy director J. Drake Hamilton will be participating in the annual international cl...

Nicolas Baretzki on Montblanc: “We are aiming to become a serious player in the connected watches market” https://t.co/7hfE314RUU

Nicolas Baretzki on Montblanc: “We are aiming t...

luxurydaily.com 15 Nov '17, 7am

{"ct":"uMZNkbQC+HEBUoh3LBYd6NQKKL41VRv1cqkEU+89UnVotmjd7GvvtEu0pQ94tRsOXKQx5Xo2KkKIw\/nZJgIV6JyqRXUR5ZZ8KEx1T+Dil89LIEtrTo...

Europe’s main car producing countries lag in el...

electriccarsreport.com 09 Nov '17, 8am

The power of electric vehicles keeps climbing when it comes to overall market share growth. Management and technology cons...