Energy is no exception. A combination of new technology and business model innovation is transforming the way energy is generated, distributed, traded, managed and stored, and is delivering a fundamental change in the relationship between consumer and supplier. This is resulting in new opportunities to integrate the increasingly complex elements of the energy ecosystem, bringing together energy infrastructure and sophisticated IT.

The first stages of digital transformation that we are seeing today focus on using technology to optimize existing systems and processes; but the threshold we’re about to cross will herald a new era of business transformation, delivering efficiency and growth based on totally new operating models, technologies and solutions.

The digital transformation and disruption will be felt across the energy value chain from generation to consumption, and also across the spectrum of stakeholders, including energy utilities, industries, governments, society and even individual consumers.

In our future of integrated, renewable, low-carbon and intelligent solutions for energy—with a less centralised and more customer-centric approach—the opportunity is clear across the whole energy value chain for innovation to play a key role in delivering affordable, reliable, flexible, sustainable and modern energy for us all.