50 leading companies sign the 'Go Digital' declaration
By: Alyssa Pek, Communications Assistant
Digitalisation is the new buzz word in the energy sector with businesses, utilities, and governments alike pushing to embrace the digital revolution - and the solar sector is no exception.
On the 14 March at the SolarPower Summit, the 'Go Digital' declaration was handed over to Megan Richards, Director of Energy Policy in DG Energy at the European Commission, as she reiterated the EU's commitment to digitalise its energy sector to make it cleaner and more efficient.
"The European Commission's Clean Energy legislative package is designed to ensure that the advantages of new and better technologies can bring the benefits of the clean energy transition to European citizens and consumers. The EU Energy Union strategy goes hand in hand with its Digital Single Market strategy, to drive forward progress", said Richards.
It is not just the Commission that sees the great potential of digital solar - industry is leading this drive with innovative new technologies and business models to breakdown the traditional boundaries in the energy sector. Signing on to this declaration are top European companies such as SMA, Wacker, Huawei, ABB, and 3E who urge policy makers to 'go digital' when thinking about future electricity market design.
From the industry perspective, the digitalisation of energy unlocks unheard of business opportunities for companies as they can offer high-end quality and niche products in a commoditized market. As value is moving to the downstream and specialist parts of the sector, digital solar will be key for European companies to stay ahead of their global competitors and reestablish Europe as a global leader in renewables.
This will go hand-in-hand with the EU's strategy for an efficient and consumer-driven energy transition. With technologies such as smart demand response, virtual metering, and smart solar-plus-storage solutions, solar and other renewables will be significantly cheaper and more reliable for consumers. Not only is this good for the EU's wallet, but it will make the system integration of more renewables much easier to build a clean energy system in Europe. This will also facilitate the uptake of other innovative technologies such as electric vehicles and smart buildings, improving system flexibility and decarbonising the energy system from the bottom-up.
Whichever way you look at it, digitalisation and solar bring immense benefits to Europeans and will surely be the future of energy!
Read the 'Go Digital' declaration here.