The energy industry finds itself in a particularly tense environment. On the one hand, it is expected to meet rising global demand in a stable and trouble-free manner. On the other hand, this increase in production is expected to be cost-efficient and particularly climate-neutral. Digital technologies help to achieve these goals.

Digitization offers the energy industry extensive opportunities to develop new business models. Always with the aim of supplying each customer with exactly the amount of low-cost and environmentally conscious electricity that was determined based on their consumption pattern.

For example, IoT Analytics solutions evaluate weather data and control wind farms and waterworks based on their evaluations. Smart grids know exactly when the electricity consumption of a small town is at its highest and when they need to intervene to prevent fluctuations. Digital twins of the power generation plants ensure that the plants can be monitored around the clock and possible failures can be predicted in advance, or that repairs can be ordered immediately and automatically. Electricity thus becomes a safe and reliable product.

Cloud-based power data analysis

If hackers or a technical power failure breaks a company's servers, outages can cause millions of dollars in losses. Correct Power has invented a method for monitoring data centers that quickly detects anomalies in the power supply using AI technology and thus ensures high availability of IT systems. The approach: Controllers collect all power and environmental data and transmit it for analysis into the cloud.

Visualization and analysis of energy data in the smart grid

The world of energy is changing: whether through photovoltaic systems on rooftops, solar parks or wind turbines. In the past, energy was mostly centralized, e.g. produced in a power plant and delivered from there constantly to the consumer. Today, energy is being generated more and more decentralized by the consumers themselves and the surplus stored in the grid.

Optimized energy generation and management using WAGO Cloud

Electricity is an indispensable part of daily life; Reliably available at all times, so that daily life is as usual. The same applies to heat - a handle to the heating thermostat and it is pleasantly warm, whether at home, at work, in hospitals or schools.

Industry 4.0: Artificial Intelligence

In the future, Artificial Intelligence will play an increasingly central role in all industries. It has long done so in the consumer sector: parking aids, face and image recognition and smart homes are already firmly anchored and established in our everyday lives. Interaction with an AI, such as Siri, Alexa & Co., has become a matter of course for most of us.

Economically and ecologically providing energy

Energy contracting is the concept of implementing the energy supply by a service provider. Thanks to the contractor's experience and technical know-how, the plant is built and operated economically and ecologically. This leads to cost savings and to the release of ecological potentials, as the operated plants are always state-of-the-art.