Overview

The role of digital asset management is quickly becoming an, if not the most, important tool for driving ESG metrics in major energy companies. Industry leaders strongly agree that digitalization and sustainability go hand-in-hand. Dynamic market conditions, thinner operating margins and a focus on safer and more efficient operations need comprehensive digitalization strategies. Well-defined ESG metrics, supporting policy and innovation are essential for meeting demanding societal and regulatory mandates. This paper looks at evolving market developments, key actors in the Energy Industry, particularly considering a higher mix of Renewable Energy (RE) and Distributed Energy Resources (DER) in the grid. The paper analyses industry expectations from asset management platforms, specifically for RE assets and digital strategies to maximise asset performance and revenue realisation.