AI and Big Data among key solutions that will transform the power sector, says IRENA - NEWS, POWER

Artificial intelligence (AI) and big data, the Internet of Things and batteries are innovative solutions that will enable massive solar and wind use and amplify the transformation of the power sector based on renewables.

By 2050, over 60% of total power generation could come from wind and solar renewables globally, driven by the imperative to decarbonise and electrify, according to the International Renewable Energy Agency (IRENA).

New Innovation Briefs on enabling technologies was released this week during the Agency’s Innovation Day in Bangkok which was co-hosted by the Energy Ministry of Thailand and took place jointly with 2019 ASEAN Energy Business Forum.

The event was the second in a series of Innovation Days that IRENA is organising around the world with the goal of connecting policy makers with innovators to inform and inspire the uptake of renewable energy.

It showcased emerging innovations from across the ASEAN region and offered a series of session on solutions to decarbonise road transport, digital solutions for renewable power and solutions for energy storage.

Opening the Innovation Day, IRENA Director-General Francesco La Camera underlined the importance of a systemic approach to innovation.

“An approach is required that combines technology with novel business models, supportive market design and efficient system operation to create solutions”, he said.

He added: “Those solutions must be implemented in a coherent way through careful planning and smart policy-making. Only the combination of innovations and actions across all these dimensions will bring real progress. The good news is that we already have many of the tools we need to decarbonise the economy.”

(Excerpt) Read more Here | 2019-09-08 05:02:27
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