With the goal of preserving our planet for future generations, the energy sector is entering a new age of energy awareness both in its production and use. Traditional consumer and producer roles are continuously challenged by novel energy production technologies and the energy sector’s digital revolution helps not just to decarbonize the globe, but also to decentralize market power, allowing energy users to also be energy producers.
Although the importance of digital transformation for the energy sector is known, the concept of digitalization has become a trend in the business and is often misunderstood. Digital Transformation is more related to a holistic view of business processes, while digitalization is more related to operational processes, where Internet of Things (IoT) technologies have a crucial role to foster a disruptive shift for the energy, power, and oil & gas sectors, with known impacts on logistics, production, operations, and management. Current market turbulences, motivated by the COVID-19 pandemic or the War in Ukraine, have prioritized survival over digitization. As organizations need to react to rising expenses on a regular basis and doing business as usual is no longer an option, a digital shift is inevitable to support the demand for new disruptive services and new working arrangements. This can be fostered by digitalization and IoT, where low-cost sensing and actuation, low-power communications, distributed ledgers & computing architectures, and data-driven intelligence are the key technology enablers.
The pervasiveness of technologies, such as IoT and Blockchain, create new opportunities to manage, not only the grid infrastructure but also the energy-related data that has a huge potential in adding value to the energy business. On the one hand, IoT technologies can be used to monitor and manage energy consumption with the aim of improving energy efficiency in buildings and managing Zero Energy Buildings, that harmoniously combine energy efficiency and renewable energy generation, to achieve higher performances. Moreover, the investment in a smart grid, smart meters, and home automation technologies allows utility companies to comprehensively recapture the energy industry, drive top-line growth, and improve consumer perception. On the other hand, the use of traceability methods during energy production and transportation can pave the way to a more trustful relationship between energy producers and consumers, and thus value can be added to the energy-based products and services.
The impact of data-derived insights and digital technologies is especially strong within the full oil and gas value chain — upstream, midstream, downstream, services, and capital projects. A granular view of network-connected assets when linked with data-driven business systems helps generate quicker and better insights to drive competitive performance. The technology is creating opportunities for greater efficiencies and enhanced safety, and creating agile organizations that can keep up with all manners of external changes. This vertical track will feature invited speakers who are thought leaders and leading practitioners in the IoT ecosystem and who will report on work that is transforming the energy, power and oil & gas sectors of the global economy. Topics that will be addressed include:
- The Internet of Things and the Digital Twin;
- Blockchain technologies for the energy sector;
- Edge and Mobile Cloud Computing in Industrial IoT;
- Dependable Networks for Automation Systems;
- Robust, Reliable and Cyber-Resilient IoT technologies;
- Industrial IoT Cybersecurity;
- Large scale deployment of connected sensors in Industrial IoT applications;
- Lessons learned from deployment of IoT technologies.
Panayiotis (Panos) Moutis, PhD, has been Special Faculty with the Scott Institute for Energy Innovation at Carnegie Mellon University (CMU) since August 2018 (postdoc at Electrical & Computer Engineering – ECE, CMU, 2016-18). His recent grants include one from the national system operator of Portugal, REN, for the development of a transmission expansion planning platform, and another from the moonshot factory of Google, X, for the digital twin of the electrical grid. Between 2018-20 he served as a Marie Curie Research Fellow with DEPsys, Switzerland, on distribution grid synchronized measurements and state estimation. In 2014 he was awarded a fellowship by Arup UK (through the University of Greenwich), on the “Research Challenge of Balancing Urban Microgrids in Future Planned Communities”. In 2013 he won the “IEEE Sustainability 360o Contest” on the topic of Power. Throughout 2007-15, as part of Prof. Nikos Hatziargyriou’s research group he contributed to over a dozen R&D projects funded by the European Commission. Panos received both his diploma (2007) and his PhD (2015) degrees in ECE at the National Technical University of Athens, Greece, and has published more than 30 papers and contributed to 4 book chapters. He has accumulated over 10 years of industry experience on projects of Renewable Energy Sources and Energy Efficiency, and serves in energy start-ups as advisor and executive. He is a senior member of multiple IEEE societies, member of the IEEE-USA Energy Policy Committee and the North American Synchro-Phasor Initiative (NASPI), associate editor of IEEE & IET scientific journals, contributor to IEEE standards working groups, chair of the IEEE Smart Grid Publications Committee and editor-in-chief of the “IEEE Smart Grid Newsletter”. Personal Website for more information: https://panay1ot1s.com/
Sergio Ivan Lopes
Sérgio Ivan Lopes (S’11-M’15-SM’20), is a senior researcher at Instituto de Telecomunicações, Assistant Professor at the Technology and Management School of the Polytechnic Institute of Viana do Castelo (ESTG-IPVC), and Director General at CiTin – Centro de Interface Tecnológico e Industrial. He is graduated in Electronics and Telecommunications Engineering, M.Sc. in Biomedical Engineering, Ph.D. in Electrical Engineering (University of Aveiro) and has a Postgraduate Diploma in Project Management (Porto Business School/University of Porto). In 2007, he has been awarded the Texas Instruments ESPA – Excellence in Signal Processing Award, and in 2015, he has been awarded the First Prize of the Fraunhofer Portugal Challenge (Ph.D. category), a distinction that rewards research of practical utility. He is the co-inventor of one patent and authored more than 90 scientific publications in international peer reviewed journals and international conference proceedings. He participated in several national and international R&D Projects, five of which in coordination activities. His research interests include cyber-physical systems, IIoT/IoT, embedded systems, edge computing/intelligence, digital signal processing and indoor positioning. In 2016, he joined the Expert Panel of the European Commission, being engaged in the evaluation of the call ICT-01-2016: Smart Cyber-Physical Systems. He is an active member of the IEEE Communications Society; actively collaborates with the IEEE Internet of Things (IoT) Initiative; and holds the position of Counselor in the Executive Committee of the IEEE IPVC Student Branch. He is the General-Chair at the Edge-IoT – International Conference on Intelligent Edge Processing in the IoT Era.