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As urgency builds for safe, equitable, and sustainable vitality, the trade faces unprecedented stress to rework. Approximately one billion individuals lack secure or reasonably priced entry to energy, and world 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 resolve 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 akin to native microgrids. To velocity innovation, vitality organizations are migrating to the cloud and integrating Microsoft applied sciences to liberate, unify, and contextualize information and growing options that leverage AI, predictive analytics, the Internet of Things (IoT), and digital twins.
But expertise is simply a part of the answer. Collaboration with trade leaders and our world companion ecosystem is vital for fixing complicated world vitality challenges.
Microsoft for Energy and Resources
Transform the vitality and sources trade to ship protected, dependable, and clear vitality for a sustainable future.
Making your information be just right for you at Reuters Global Energy Transitions 2023
We just lately participated within the Reuters Global Energy Transitions 2023 on June 7 and eight in New York City, which convened vitality executives from world wide to speak about challenges and alternatives within the vitality transition. From the Microsoft Energy and Resources staff, Hanna Grene, Worldwide Power and Utilities Industry Leader and Ravi Mundhe, Director Energy and Resources, had been joined by digital leaders from our companions Cognite and Schneider Electric to steer a dialogue on how vitality corporations can enhance their digital technique by modern information and analytics.
During our workshop, vitality executives representing vitality manufacturing, era, transmission, and distribution corporations, shared information priorities and greatest practices on advancing analytics and automation to realize net-zero goals. The workshop additionally examined how organizations can reinvigorate their digital technique with information optimization strategies and assess digital capabilities and dangers with AI.
To study extra about vitality tendencies and companion improvements, learn Hanna Grene’s Innovation in energy and utilities weblog, and watch two new video collection on how information and analytics are shaping the vitality transition: Top Trends in Energy and the most recent episode of The Short Circuit, the place I sit down with Jason Wight, Chief Information Officer of OPG, who talks about the advantages of a powerful partnership constructed on shared values driving digital innovation, together with giant language fashions, and enterprise outcomes at tempo and scale.
Celebrating our companions at Microsoft Inspire 2023
Each 12 months at Microsoft Inspire we have fun our companions and their newest improvements to assist our clients obtain extra. Once once more, we’re wanting ahead to connecting with the vitality sector on July 18 and 19, 2023 and also you’re invited to hitch us at Microsoft Inspire 2023. At our largest companion occasion of the 12 months, learn the way Microsoft and its world companion 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 Energy and Resources Partner of the Year for revolutionizing their DELFI platform constructed on Azure Data Manager for Energy 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 prime vitality operators and Microsoft expertise on the middle of this journey. Through our sturdy partnership and collaboration, SLB and Microsoft allow clients to spend much less time on operations and extra time specializing in the higher trade mission of addressing the rising vitality demand disaster the world is going through.
We are additionally happy to share our finalists Cognite, Neudesic, and Schneider Electric for his or her transformative options to maximise effectivity, resiliency, and sustainability throughout the vitality worth chain. Partnering with Microsoft, Cognite helps resolve the economic information drawback 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 wash vitality. Together with Microsoft, Schneider Electric is electrifying and digitizing vitality, serving to clients obtain each vitality and sustainability objectives from technique to execution to unlock the grid of the longer term.
Be positive to tune in to Microsoft Inspire 2023 on July 18, the place we sit down with Cognite and Schneider Electric to listen to about their companion experiences and learnings.
During Microsoft Inspire 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. According to the 2023 survey, anticipated advantages of cloud migration embrace higher information 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 energy of partnerships and co-innovation
As vitality corporations proceed to evolve, we work intently with our companions to assist clients in a number of key areas together with:
- Intelligent grid options that enhance reliability and effectivity all through the grid lifecycle with decentralized vitality era, renewables integration, and customer-centric companies.
- Innovating in an interactive digital area of the industrial metaverse by combining digital twins, IoT, AI, and augmented actuality.
- Microsoft Fabric to attach each information 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.
Together with our companions, we additionally just lately launched the Energy Transition Center of Excellence on the Houston Microsoft Technology Center (MTC). The Center of Excellence showcases main vitality transition options to supply clients a chance to study first-hand the options supplied by Microsoft and our world companion ecosystem to speed up decarbonization and net-zero goals. The middle’s companion applied sciences embrace hydrogen manufacturing, offshore wind optimization, emissions administration, carbon seize utilization and storage (CCUS), residence vitality administration, and repowering coal vegetation. Watch the Energy Transition Center of Excellence video to study extra.
Working collectively for a sustainable future
From particular person shoppers to world 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 clients to satisfy the wants of the ever-evolving vitality trade and the world we reside in.
Resources
1Rising world vitality use complicates path to web zero, John Kemp, Reuters, 2021.
2Carbon Majors Report, Climate Accountability Institute, 2020.