The Future of Energy

The rapid change of technology we use in daily basis is dramatically increasing the global demand for electric power. As users, we’re consuming power at an alarming rate, from air conditioning systems, household appliances, heating systems, and all forms of entertainment devices to cloud computing, computers, and consumer electronics.

With the fourth industrial revolution, we’re also stepping towards electric vehicles at an ever increasing rate. And let’s not forget the industrial power needed to produce all these products, as well as keep the other wheels of industry turning. According to a report, the global electricity demand has been expected to nearly double from the year 2010 to 2030.

There is no doubt that we are going to consume more electricity than we can generate or distribute. The situation becomes more obvious during summer months where peak power demand is highest and the frequency of rolling black and brown outs increases.

Intelligent Energy Network can be the answer of all energy problems. By definition, it is an integrated network of multiple energy vectors which are managed in an intelligent way. The IEN is to be capable, with a continuous monitoring and analysis of the energy needs in required quantity, quality and type, of managing energy vectors production and storage. The storage points available in a pre-defined section of the network (IEN cell) to produce, transport/store, and supply the right mix of energy vectors to meet the demand.

The concept of Intelligent Energy Network is an effective way to highlight the importance of renewable energy sources. And Insights Success, in its upcoming edition “The 10 Most Intelligent Energy Tech Companies to Watch in2021”, is bringing top companies which are known for their advance intelligent energy solutions and services.

The cover features Renewable Energy Group (REG). The company is leading the energy industry's transition to sustainability by transforming renewable resources into high-quality, cleaner fuels. Since its inception in 2006, Renewable Energy Group has blended environmental stewardship with profitable solutions.

Also, while flipping the pages, don’t forget to go through the articles and CXOs written by our in-house editorial team and industry experts respectively.

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Insights Success is the Best Business Magazine across the globe for enterprises.