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Why SEDIMARK?

SEDIMARK · January 17, 2023
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Digital solutions are important to the energy industry because they can help the energy system become more flexible, reliable, and efficient while also making it possible to incorporate renewable energy sources.

Because they can make it possible to share and analyse large amounts of data from a variety of sources, such as data on energy production and consumption from smart meters, weather data, and information about the grid, Data Marketplaces may be especially useful for the energy industry. Energy storage, grid management, and the integration of renewable energy sources can all benefit from a better understanding and management of the energy system by energy companies and grid operators. New business models like peer-to-peer energy trading and the integration of electric vehicles into the energy system can also be made possible by Data Spaces.

By unlocking the value of data and ensuring that data can be shared and reused across various industries, the European Commission wants to create a society and economy driven by data, according to the European Strategy for Data. Additionally, the strategy emphasizes the significance of data in achieving the EU's energy and climate goals.

The Green Deal is a plan by the European Commission to make the EU's economy sustainable by turning climate and environmental problems into opportunities in all sectors and making the transition fair and inclusive for everyone. It includes smart grid and metering systems, digital platforms for sharing and analysing energy data, and integrating distributed energy resources like electric vehicles and small-scale renewable energy production.

However, the question of how to apply these ideas to the current energy landscape is still unanswered. For instance, how can we guarantee that frameworks for data governance and management are in place to facilitate data access while safeguarding privacy and security? In terms of the integration of renewable energy sources and the creation of novel business models, how can we encourage the development and implementation of digital technologies and data solutions in the energy sector? And how can we make sure that the benefits of digitalization are available to everyone, especially in terms of reducing energy poverty and ensuring access to energy? To fully realize the potential of digital technologies and data for the energy sector, these are some of the crucial questions that must be answered and SEDIMARK will try to find the way to contribute to solve at least some of them. Get aboard the SEDIMARK cruise and share with us the experience!

image: ipopba | Getty Images

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