Digitalisation is having a huge impact on the energy industry as a whole and there are specific opportunities where solar can benefit. Demand can be matched with generation to increase self-consumption of solar energy. Solar energy can be traded peer to peer again to maximise local consumption of the energy, this of course can be enabled through blockchain technologies. As the report points out, solar has come a long way from the 'fit and forget' model originally employed to a situation now where new business models exist which actively manage how solar energy is consumed. It's clear that solar has a very bright future as we move to a more technology driven energy infrastructure.
Sonia Dunlop, digitalisation and solar task force coordinator and the report’s lead author, said the study was a “testimony to the vast market opportunities arising from digitalisation”. “With big data analytics, the internet of things and blockchain, we have seen the emergence of entirely new solar business models. By embracing digitalisation we can reduce costs, improve performance and increase profitability," she said.