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The urgent call comes as world leaders gather at COP28 in Dubai to accelerate climate action while at the same time, key players in the electric power industry meet at Enlit Europe 2023 in Paris, France, to discuss transformative solutions for Europe’s electricity systems.
DESCRIPTION: The utility industry is in the midst of a transition that is driven by decarbonization, decentralization, digitalization, and the need to harden grid infrastructure to make it more resilient to natural disasters. SOURCE: Qualcomm. 1 Making energy more affordable is a timely and considerable challenge.
Semiconductors play a critical role in enabling digitaltransformation. Renewable energy and smartgrids rely on semiconductors, as do collaboration and remote monitoring tools that dramatically reduce the need for travel.
From fleet management to environmental monitoring and smartgrid management, to consumer applications including smart watches, smart buildings and, ultimately, entire smart cities. Satellite communications will be pivotal to this now and in the future, because without a connection, nothing is smart.
As attendees engaged with new technologies, they also learned how ESG topics such as sustainability and equitable workforces are driving more value than ever before in today’s digital business. Another objective in this transformation was to create a more sustainable and secure environment by reducing carbon footprint.
Examples of that technology include smartgrids and smart buildings. Smartgrids. Ensure optimal usage of energy provided through the electric grid. Today, every utility company may be looking at ways to deploy smartgrids to increase the efficiency and sustainability of their electric grids.
Local community solar projects enhanced by one-stop shop digital systems are set to play a crucial role in the global energy transition. Spectacular decreases in the price of solar and wind energy, combined with advances in digitalization, are opening new ways for citizens to participate in the energy system.
Envision Digital International Pte Ltd ("Envision Digital"), a global Digital AIoT technology leader headquartered in Singapore, has been appointed to develop the first SmartGrid for Thailand's major energy company, PTT Public Company Ltd ("PTT") which contributes to approximately 16% of the country's GDP.
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