As urgency builds for safe, equitable, and sustainable vitality, the trade faces unprecedented strain to rework. Roughly one billion individuals lack secure or reasonably priced entry to energy, and international consumption is anticipated to extend practically 50 p.c by 2050.1 And as vitality consumption rises, so do greenhouse gases, with the vitality sector contributing to greater than 70 p.c of world carbon emissions.2
The vitality sector is on the forefront of innovation to assist clear up these challenges and develop new options to speed up decarbonization and the motion towards clear, renewable sources of vitality. Momentum can be constructing for decentralized fashions of manufacturing and distribution, with distributed vitality era comparable to native microgrids. To hurry innovation, vitality organizations are migrating to the cloud and integrating Microsoft applied sciences to liberate, unify, and contextualize knowledge and creating options that leverage AI, predictive analytics, the Web of Issues (IoT), and digital twins.
However expertise is just a part of the answer. Collaboration with trade leaders and our international associate ecosystem is important for fixing complicated international vitality challenges.
Microsoft for Vitality and Assets
Remodel the vitality and assets trade to ship secure, dependable, and clear vitality for a sustainable future.
Making your knowledge be just right for you at Reuters International Vitality Transitions 2023
We not too long ago participated within the Reuters International Vitality Transitions 2023 on June 7 and eight in New York Metropolis, which convened vitality executives from around the globe to speak about challenges and alternatives within the vitality transition. From the Microsoft Vitality and Assets staff, Hanna Grene, Worldwide Energy and Utilities Business Chief and Ravi Mundhe, Director Vitality and Assets, have been joined by digital leaders from our companions Cognite and Schneider Electrical to guide a dialogue on how vitality firms can enhance their digital technique by means of modern knowledge and analytics.
Throughout our workshop, vitality executives representing vitality manufacturing, era, transmission, and distribution firms, shared knowledge priorities and greatest practices on advancing analytics and automation to realize net-zero aims. The workshop additionally examined how organizations can reinvigorate their digital technique with knowledge optimization methods and assess digital capabilities and dangers with AI.
To study extra about vitality developments and associate improvements, learn Hanna Grene’s Innovation in energy and utilities weblog, and watch two new video sequence on how knowledge and analytics are shaping the vitality transition: High Tendencies in Vitality and the most recent episode of The Brief Circuit, the place I sit down with Jason Wight, Chief Info Officer of OPG, who talks about the advantages of a robust partnership constructed on shared values driving digital innovation, together with massive language fashions, and enterprise outcomes at tempo and scale.
Celebrating our companions at Microsoft Encourage 2023
Annually at Microsoft Encourage we have fun our companions and their newest improvements to assist our prospects obtain extra. As soon as once more, we’re trying ahead to connecting with the vitality sector on July 18 and 19, 2023 and also you’re invited to affix us at Microsoft Encourage 2023. At our largest associate occasion of the 12 months, find out how Microsoft and its international associate ecosystem are accelerating the ideation, growth, and deployment of expertise options within the collective journey in direction of a safe, equitable, and sustainable vitality future.
This 12 months, we’re happy to announce SLB because the Vitality and Assets Accomplice of the 12 months for revolutionizing their DELFI platform constructed on Azure Knowledge Supervisor for Vitality and leveraging high-performance computing (HPC) and AI to optimize simulation workflows for vitality exploration, growth, and carbon storage. SLB has been a frontrunner in digital transformation with high vitality operators and Microsoft expertise on the middle of this journey. Via our robust partnership and collaboration, SLB and Microsoft allow prospects to spend much less time on operations and extra time specializing in the larger trade mission of addressing the rising vitality demand disaster the world is going through.
We’re additionally happy to share our finalists Cognite, Neudesic, and Schneider Electrical for his or her transformative options to maximise effectivity, resiliency, and sustainability throughout the vitality worth chain. Partnering with Microsoft, Cognite helps clear up the commercial knowledge downside and speed up the full-scale digital transformation that improves the dependability and sustainability of operations. Neudesic and Microsoft are innovating options that assist energy and utilities maximize grid resiliency, outage restoration, and the transition to scrub vitality. Along with Microsoft, Schneider Electrical is electrifying and digitizing vitality, serving to prospects obtain each vitality and sustainability targets from technique to execution to unlock the grid of the long run.
Make sure to tune in to Microsoft Encourage 2023 on July 18, the place we sit down with Cognite and Schneider Electrical to listen to about their associate experiences and learnings.
Throughout Microsoft Encourage 2023 you’ll uncover how the Microsoft Cloud can energy the vitality trade’s AI transformation. Recognizing the significance of the cloud in driving digital transformation, sustainability, and enterprise progress, we commissioned Forrester Consulting to survey vitality executives on the advantages and affect of shifting to an open, cloud-based platform. In line with the 2023 survey, anticipated advantages of cloud migration embody higher knowledge administration and insights, decrease prices, and better operational effectivity and safety. To study extra about cloud migration within the vitality trade, obtain this Forrester infographic.
The facility of partnerships and co-innovation
As vitality firms proceed to evolve, we work carefully with our companions to assist prospects in a number of key areas together with:
- Clever grid options that enhance reliability and effectivity all through the grid lifecycle with decentralized vitality era, renewables integration, and customer-centric providers.
- Innovating in an interactive digital area of the industrial metaverse by combining digital twins, IoT, AI, and augmented actuality.
- Microsoft Cloth to attach each knowledge supply and analytics service collectively on a single, AI-powered platform.
- Advancing vitality transition options with Microsoft Cloud for Sustainability to report, report, and scale back greenhouse gasoline emissions and accelerable low-and no-carbon vitality sources.
Along with our companions, we additionally not too long ago launched the Vitality Transition Heart of Excellence on the Houston Microsoft Know-how Heart (MTC). The Heart of Excellence showcases main vitality transition options to supply prospects a chance to study first-hand the options provided by Microsoft and our international associate ecosystem to speed up decarbonization and net-zero aims. The middle’s associate applied sciences embody hydrogen manufacturing, offshore wind optimization, emissions administration, carbon seize utilization and storage (CCUS), house vitality administration, and repowering coal vegetation. Watch the Vitality Transition Heart of Excellence video to study extra.
Working collectively for a sustainable future
From particular person shoppers to international firms, we should all work collectively for options that advance us towards a cleaner, sustainable future for all. We’re excited to proceed to co-innovate with our companions and prospects to satisfy the wants of the ever-evolving vitality trade and the world we dwell in.
Assets
1Rising international vitality use complicates path to web zero, John Kemp, Reuters, 2021.
2Carbon Majors Report, Local weather Accountability Institute, 2020.
