Digitalization and Smart Energy Devices

Digitalization is the business transformation that is using digital technologies to change business models and provide new revenue streams and value opportunities. Digitalization of the energy system that has been ongoing since a decade has been focusing on the infrastructure and operations without integrating customer services and the overall value chain as stated in the SmartGrids European initiative. Digitalization across the electricity networks, the energy networks, and the overall energy value chain leading to disruptive digital services beyond boundaries and networks will be considered. An outlook vision of the digital networks, the digital state of the art enabling technologies supporting the development of new services, or the use cases and their associated benefits will be numerated. The concept of an integrated digital platform across stakeholders, reshaping the energy landscape in Europe, leading to significant benefits and providing a European competitive advantage, will be introduced. This chapter will be ended by providing key recommendations.