The recent report by global technology intelligence firm ABI Research, titled “Digitalization Challenges in Smart Energy Grids” indicates that global investments in energy grid digitalization will reach $152 billion by 2030.

In 2024 these investments stood at $ 84 billion. However, this figure will increase, driven by “investments in modernization and digitalization of the network due to the increase in electrification processes and the ongoing energy transition towards net-zero energy.”

Other factors are also determining in this increase, such as the need for digital transformation of the network. In this regard, Dominique Bonte, Vice President of End Markets and Verticals at ABI Research, indicated: “The benefits of the digital transformation of energy networks are enormous and far-reaching,” adding that the most important thing “is that it allows real-time management, orchestration and continuous reconfiguration of increasingly complex and distributed energy networks and assets, while unlocking much-needed additional generation and transmission capacity.”

Key technologies in digitalization, according to ABI Research, are digital and virtual power substations; energy network management programs; connectivity and the cloud, among others.

M.Pino

Source: elperiodicodelaenergia

(Reference image source: Getty Images on Unsplash+)

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