In the next 30 years, rapid innovations will change how we create, distribute and use energy with software-defined infrastructure as a critical tool for decarbonization. BloombergNEF estimates that for the energy sector to achieve net-zero CO2 emissions it will require infrastructure investments between $92-$173 trillion dollars by 2050. Even small gains in flexibility, efficiency and capacity in the clean energy and low-carbon industry will deliver value and savings.
Renewable energy is the fastest-growing global energy source, according to the Center for Climate and Energy Solutions. Allied Market Research reports this market alone is set to grow from $880 billion to nearly $2 trillion by 2030. Distributing renewable energy to decarbonize the globally expanding power grid will take more power supplied by intermittent sources — such as solar and wind —and increase the demand for forecasting, coordination and flexible consumption to ensure safe and reliable energy operations.
Artificial Intelligence (AI), The Internet of Things (IoT) and the Internet of Energy (IoE) — which involves edge and cloud architecture with sensors and scanners processing information at the point where the power is generated or used through remote data centers — as well other emerging digital technologies such as blockchain, will also play essential roles in power generation and distribution, The U.S. Department Office of Energy, Efficiency and Renewable Energy’s (EERE) is dedicated to moving America towards clean, affordable and secure energy. To accomplish its mission, EERE relies, in part, on Open Source projects.
The organization’s documented “Open Source Strategy” is indicative of the energy sector’s reliance on OSS solutions. In addition, LF Energy — a Linux Foundation initiative focused on the power systems sector— will transform the world’s relationship to energy as it seeks to apply Open Source principles.