Digital Technologies: Driving sustainable operations
Energy Transition/Climate & Sustainability
Sustainability and digitalization are driving company strategies across the energy value chain. Perhaps less appreciated, however, are the opportunities available at the intersection of these two concepts. Digital technologies—including AI, cloud computing, and Internet of Things―largely target the optimization and efficiency of processes. Industry sustainability efforts can benefit from such enhanced capabilities by increasing the transparency of energy-related GHG emissions, and then identifying concrete ways to reduce them. This session explores the fit between these two concepts. In what areas are we seeing meaningful impacts today (e.g., energy efficiency, methane containment, transport optimization), and where do future opportunities lie? Is the broader application of digitalization in the sustainability space dependent on further technology advances, and do organizational issues play a role as well? What types of companies and capabilities need to come together to best develop and realize these opportunities?