The Key to Energy Efficiency Lies in Digitization, IoT and Smart Data

08/09/2017 15:39 Energy Efficiency


The easiest and most optimal way to improve the energy efficiency lies on digitisation or technologies such as Internet of Things (IoT) and smart data. 

This is the declaration of Mike Hughes, Zone President for Schneider Electric UK & Ireland, who took the floor at the company’s Innovation Summit yesterday.

In his speech, he marked that digitisation could significantly enhance and diminish costs.

No matter which is the sector we are dealing with, the key to success represents the efficiency.  
The IoT technologies could reduce considerably the costs through preventive steps and detection of gaps that could be overlooked otherwise.
While asked about BREXIT consequences for UK in terms of energy, Mike Hughes stated that not too much will change for the country, as only 10% of the energy consumed comes from EU. 

Greece and EU to finalize discussions on coal-fired plants sale this month

16/11/2017 15:44:00

Hellenic energy minister declared on Wednesday that Greece and the European Union are likely to end discussions on which coal-fired plants the country will put up for sale according to an EU court decision this month.


Daily (16.11.2017): British wholesale gas prices dropped due to an oversupplied market

16/11/2017 10:52:00

Oil prices fell for the fourth consecutive session on Wednesday after the U.S. government announced an unpredicted increase in crude and gasoline stockpiles.


(15.11.2017): Weekly Energy Market Review at a Glance

16/11/2017 09:18:00

Here's a quick snapshot of the main energy indicators in the last 7 days.