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BNEF: Digitalization will generate $38 billion in revenue for the energy industry by 2025

 Last Update: 2022-12-26
 Source: Internet
 Author: User

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Bloomberg New Energy Finance BNEF recently released a report on digital technology in the energy industry, saying that digitalization can generate $38 billion
in revenue for the energy industry by 2025.

Bloomberg New Energy Finance analyzed seven key industries and expects the annual revenue of digitalization for energy to increase from $17 billion in 2017 to $38 billion
by 2025.

Among them, more mature technologies such as smart meters and power plant upgrades are the part that will contribute the most returns, and smart meters are expected to realize $18 billion in revenue by 2025
.

However, providing flexibility to the grid and balancing residential energy loads is the fastest growing segment
.
Digitalization is simplifying operations and reducing maintenance is the biggest contributor
to the reduction of spending in the energy industry.

digitization

Bloomberg New Energy Finance analyzed seven key industries and expects the annual revenue of digitalization for energy to increase from $17 billion in 2017 to $38 billion
by 2025.

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