AI and Big Data among the main technological topics
LONDON, July 21, 2022 (GLOBE NEWSWIRE) — The “Top 20 Energy Industry Theme Predictions for 2022 – Theme ResearchThe report offered by GlobalData identifies the top 20 themes that will impact the power sector in 2022. For each theme, the report offers a series of predictions, identifies winners and losers, and points you to further reading.
Companies that invest in the right themes become success stories while those that miss the big themes eventually fail. Since so many themes are disruptive, it’s very easy to be caught off guard by industry outsiders invading your industry. Therefore, to help our clients gain a competitive edge, we have developed the GlobalData Topic Research Ecosystem, a single, integrated global research platform that provides an easy-to-use framework to track all topics across all companies from all sectors.
High Topics impacting the electricity sector in 2022
According to the thematic report published by GlobalData, the major technological themes impacting the electricity sector in 2022 will be artificial intelligence (AI), Big Data, blockchain, cybersecurity, cloud computing, Internet of things ( IoT), virtual and augmented reality (VR and AR), robotics, electric vehicles (EV) and smart grid, while the main macroeconomic themes impacting the electricity sector in 2022 will be COVID- 19, the impact of China and the environment, social and governance (ESG). In addition, the main industrial themes impacting the electricity sector in 2022 will be carbon emissions, renewable energies, energy transition, distributed generation, hydrogen, energy storage and predictive maintenance.
Technology Jheme – The use of AI is leading to the creation of massive amounts of insightful data, which can help utilities gain situational awareness, make better decisions, and forecast more accurately. Improved management and transparency will see significant growth in 2022. Large utilities will continue to build internal capabilities, hiring machine learning (ML) and data science specialists, and more AI-specific start-ups will persist in expanding the list of AIs. -targeted partnerships in the electricity sector. Electricity trading, smart grids and asset management represent the main areas of growth for AI in the electricity sector. ML, a key part of the AI value chain, will drive most of this growth.
Macroeconomic theme – The share of renewables is expected to increase despite the ongoing COVID-19 pandemic. Globally, renewables remained resilient during the COVID-19 pandemic in 2021 and this is expected to continue in 2022 and beyond. We expect continued growth in renewable energy throughout 2022 due to growing attention to climate change, support for ESG initiatives and growing demand for renewable energy sources in most markets. . In addition to these trends, the renewable energy industry will see a major shift towards local manufacturing, reducing the supply chain’s reliance on imports and encouraging the establishment of new domestic manufacturing facilities.
industry theme – Leading economies, such as the US and EU, are increasingly placing the responsibility for carbon reporting on businesses given their net zero goals. In March 2021, the EU brought into force the Sustainable Financial Disclosure Regulation (SFDR), which requires financial institutions to report Scope 1 and 2 emissions from their investment portfolio. In addition, from January 2023, scope 3 emissions will also have to be reported under SFDR. This will force financial institutions to review their portfolios and potentially reduce investments in high-carbon companies, such as those in the fossil fuel industry. This, in turn, would impact the financing of fossil fuel projects. More than 20 countries, including the United States, Canada and Italy, at COP26 pledged to end support for international financing of fossil fuel projects.
- This report covers the top 20 themes that would impact the electricity industry in 2022. For each theme, the report gives a series of predictions, highlights leaders and laggards, and points you to further reading.
- This report is a multi-theme report covering 20 themes, drawn from industry, technology and macroeconomics. It outlines a short-term outlook for the industry from the perspective of these 20 themes.
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Main themes of the energy sector
|Main Technology Themes||Artificial Intelligence (AI), Big Data, Blockchain, Cybersecurity, Cloud Computing, Internet of Things (IoT), Virtual and Augmented Reality (VR and AR), Robotics, Electric Vehicles (EV) and Smart Grid|
|Main Macroeconomic Themes||COVID-19, impact on China and environment, social and governance (ESG)|
|Top Industry Themes||Carbon emissions, renewable energies, energy transition, distributed generation, hydrogen, energy storage and predictive maintenance|
What are the major technological themes that will impact the electricity sector in 2022?
The major technology themes that will impact the electricity sector in 2022 are artificial intelligence (AI), big data, blockchain, cybersecurity, cloud computing, internet of things (IoT), virtual reality and augmented reality (VR and AR), robotics, electricity electric vehicles (EV) and smart grid.
What are the major macroeconomic themes that will impact the electricity sector in 2022?
The main macroeconomic themes that will impact the electricity sector in 2022 are COVID-19, the impact of China and the environment, social and governance (ESG).
What are the major industrial themes that will impact the electricity sector in 2022?
Key industry themes that will impact the power sector in 2022 are carbon emissions, renewables, energy transition, distributed generation, hydrogen, energy storage and predictive maintenance.
Thematic map 2022
2. Big Data
5. Cloud Computing
6. Internet of Things
7. Virtual and augmented reality
9. Electric vehicles
10. Smart Grid
12. Impact on China
14. Carbon emissions
15. Renewable Energy
16. Energy transition
17. Distributed Generation
19. Energy storage
20. Predictive maintenance
Our thematic research methodology
About Global Data
GlobalDayoua is a leading provider of data, analytics and insights on the world’s biggest industries. In an increasingly fast-paced, complex and uncertain world, it’s never been harder for organizations and decision-makers to predict and navigate the future. That’s why GlobalData’s mission is to help our customers understand the future and benefit from faster and better informed decisions. As a leading information services company, thousands of customers rely on GlobalData for reliable, timely and actionable information. Our solutions are designed to provide everyday benefit to professionals within enterprises, financial institutions, professional services and government agencies.
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