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Erschienen in:
Preface: Humans in Digital Marketplaces Kapitel lesen Erstes Kapitel lesen

2018 | OriginalPaper | Buchkapitel

73. Energy Is Essential, but Utilities? Digitalization: What Does It Mean for the Energy Sector?

verfasst von : Ines Varela

Erschienen in: Digital Marketplaces Unleashed

Verlag: Springer Berlin Heidelberg

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Abstract

Digitalization changes customer behavior, consumer needs, business models, competition, and markets or at least will have a very high impact on all sectors. But digitalization offers as well opportunities for optimized processes, new digital products and services, and new data‐driven business models.
Considering the energy sector the existing business models are not sustainable any more. This industry stands at the tipping point of multiple disruptive changes. The increased ratio of renewable and decentral energy generation leads to an increased volatile, distributed (Distributed energy consists of a range of smaller‐scale and modular devices in‐cluding storage devices designed to provide energy in locations close to consumers [1].) energy production. The time of energy as a commodity is over. Customers want to be engaged and expect providers to care about their individual values and needs. New market players intrude the energy market, and the Information and Communication Technologies (ICT), the Internet of Things (IoT) and digital technologies create the basis for these new players to get into the energy market and/or to network together cross border. ICT/IoT will play a central role in the transition of the energy sector.

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Vorheriges Kapitel Preface: Global Meets Local
Nächstes Kapitel Harnessing the Digital Marketplace in India: Revolutionary Growth, Challenges and Opportunities
Fußnoten
1
Machine‐to‐machine (M2M) communications is used for automated data transmission and measurement between mechanical or electronic devices. The key components of an M2M system are: Field‐deployed wireless devices with embedded sensors or RFID‐Wireless communication networks with complementary wireline access includes, but is not limited to cellular communication, Wi‐Fi, ZigBee, WiMAX, wireless LAN (WLAN), generic DSL (xDSL) and fiber to the x (FTTx) [5]. A smart meter is such a M2M device.
 
2
Currently German household consumers mainly use electromechanical electricity meters (Ferraris meters). These traditional meters only provide very limited information and no electronic data transfer. In comparison intelligent measuring systems consist of a digital meter and a communication unit, the smart meter gateway, which allows the integration of the smart meter into a smart grid.
 
3
The “Digitisation of the Energy Turnaround Act” (“Gesetz zur Digitalisierung der Energiewende”) contains a framework for the electricity sector to become digital. The central part of the Act is the “Smart Meters Operation Act” (“Messstellenbetriebsgesetz”), that deals mainly with the installation and operation of intelligent metering systems [6].
 
4
The Federal Network Agency is the German regulatory office for electricity, gas, telecommunications, mail and railway markets. It is a federal government agency of the German Federal Ministry of Economics and Technology [8].
 
5
The information is based on an internal presentation on Opus, screened for utilities during a recent event. With Opus IBM wants to build a system that optimally plan and orchestrate energy systems of the future by using its expertise in analytics, big data and the Internet of Things.
 
6
A “prosumer” produces and consumes energy.
 
7
A blockchain is a type of distributed ledger, comprised of unchangeable, digitally recorded data in packages called blocks. These digitally recorded “blocks” of data is stored in a linear chain and each “block” contains data, a timestamp and a link to a previous block. The blocks of cryptographically hashed data drawn upon the previous‐block in the chain, ensuring all data in the overall “blockchain” has not been tampered with and remains unchanged. It is a peer to peer platform using blockchain ledger to report transactions (e. g. bitcoin transaction) [19, 20].
 
8
Microgrids are localized grids that can disconnect from the traditional grid to operate autonomously [23].
 
Literatur
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9.
Bundesnetzagentur, “‘Smart Grid’ und ‘Smart Market’. Eckpunktepapier der Bundesnetzagentur zu den Aspekten des sich verändernden Energieversorgungssystems,” Bundesnetzagentur, Bonn, 2011.
10.
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Metadaten
Titel
Energy Is Essential, but Utilities? Digitalization: What Does It Mean for the Energy Sector?
verfasst von
Ines Varela
Copyright-Jahr
2018
Verlag
Springer Berlin Heidelberg
Buch
Digital Marketplaces Unleashed

Print ISBN: 978-3-662-49274-1

Electronic ISBN: 978-3-662-49275-8

Copyright-Jahr: 2018

DOI
https://doi.org/10.1007/978-3-662-49275-8_73

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