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1、Digital Solutions for the Energy Sector A Digital Catapult white paperMay 2024The development of this white paper was part-funded by the Hydrogen Innovation Initiative.2 2Previous pageNext pageContents pageStart of sectionDocument User GuideContentsIntroduction34UK digital sector and key technologie

2、s8Enabling net zero infrastructure21Maximising flexibility in the energy system25Future challenges3IntroductionThe energy industry is experiencing a significant transition towards decentralisation,decarbonisation,and digitisation.This transition will provide new opportunities and challenges for inve

3、stment and growth for both domestic and international players.Energy stakeholders have recognised that access to live,usable data has become essential to managing energy systems today and in the future,and that digital technologies are a crucial tool in the journey to net zero.In the 2023 update to

4、Tracking Clean Energy Progress(TCEP),the International Energy Agency(IEA)reports that worldwide grid-related investment in digital technologies has grown by over 50%since 2015,with total grid investment expected to have grown by 19%in 2023.During this period,investment in digital-related grid effici

5、ency continued to grow,reaching a new high of US$63 billion globally in 2022.The IEA also estimates that overall investment in electricity grids needs to average around US$600 billion annually through to 2030 to get on the NZE Scenario trajectory.This is almost double the current investment levels,a

6、t around US$300 billion per year.This report looks at challenges shared across the UK energy sector,as well as digital interventions that will enable the UK energy ecosystem to deliver low carbon energy faster and more reliably.We also look at the impact that the growth of digital technologies and i