The fourth industrial revolution energy storage

What was the main goal of the Fourth Industrial Revolution?

Of course that one of the most important goal of the Fourth Industrial Revolution is represented by the energy field, which involves clean and renewable energy. But one of the problems that occurred related to this objective is not only about the necessity of producing clean energy but it is also about the mode of its distribution.

How will digital technology impact the Fourth Industrial Revolution?

The Fourth Industrial Revolution is intertwined with the energy transition and both are happening at breathtaking speed. The digital technology we are developing can help scale renewable energy at the pace required to meet net-zero targets, while ensuring energy security, and improving access to energy and electricity costs for millions of people.

How does the Fourth Industrial Revolution affect energy security?

With this in mind, Fourth Industrial Revolution technologies help achieve energy security in two ways. The first is by supporting diversification of the energy mix while also helping maintain and care for existing assets. The second is by preventing large-scale capacity downtime, as we have seen in French nuclear power plants over the past year.

How will the Fourth Industrial Revolution impact energy transition?

The deployment of Fourth Industrial Revolution technologies for energy transition holds immense promise in expediting the adoption of renewable energy, bolstering grid resilience, and optimizing energy systems' performance (Ng et al., 2021, Suryadi et al., 2022).

What is the Fourth Industrial Revolution intelligence framework?

Fig. 1. The Fourth Industrial Revolution Intelligence (4IRI) Framework (Oosthuizen, 2017). The convergence of 4IR with the objectives of energy transition goals presents a unique opportunity to address universal energy access and net-zero emissions in tandem (van Niekerk, 2024).

How can Fourth Industrial Revolution technology save homeowners energy?

In addition, Fourth Industrial Revolution technologies can help save homeowners energy by optimizing energy consumption through behavioral interventions. An excellent example of this is smart thermostats, which can save 10%–12% on heating and 15% on cooling bills.