The Growing Impact of Data Science in the Energy Sector
Governments and businesses alike are establishing challenging net-zero and decarbonization targets that are straining the limits of digital transformation and R&D agendas. Modernizing and strengthening the grid is essential for enhancing power delivery, changing adaptability, and developing reliable transmission and distribution systems. In the energy sector, global digitization is already changing how energy is produced, distributed, and used. Although there has been a presence of data analytics in the energy sector, data science applications have consistently developed from static algorithms and models. The energy sector needs to embrace data science to achieve transformational goals and lay the groundwork for increased productivity and innovation. Energy Sector Challenges and Transitions The energy industry is going through a number of transitions and challenges that highlight the need for infrastructure modernization and increased resilience through new technologies and big dat...