Investing in Digital to go Green
- Sep 28, 2020 2:01 pm GMT
Digitalisation: a new buzzword
The EU Commissioner for Energy Kadri Simson recently talked bout the Europe’s dual transition: digital and green. However, a causal link between digitalisation and decarbonisation is not always evident at leats at the first glance. Going online and using various tools of information and communication technologies requires incremental energy consumption, which also leads to incremental carbon footprint. However, paving the pathway towards carbon neutrality can’t be conceived without digitalisation. Reasons for this can be summarised in three points : (i) digitalisation is pivotal in the promotion of new forms of energy supply (eg. solar panels and electric vehicles); (ii) it contributes to energy efficiency; (iii) it assists markets in cost optimisation. Below, the three points are briefly explained.
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