Digitization, Digital Twins, Blockchain, and Industry 4.0 as Elements of Management Process in Enterprises in the Energy Sector

Цифровизация, цифровые двойники, блокчейн и Индустрия 4.0 как элементы процессов управления на предприятиях энергетического сектора
Piotr F. Borowski
2021-03-29

BlockchainDigital twinsEnergy efficiencyIndustry 4.0Sustainable development
In the 21st century, it is becoming increasingly clear that human activities and the activities of enterprises affect the environment. Therefore, it is important to learn about the methods in which companies minimize the negative effects of their activities. The article presents the steps taken and innovative actions carried out by enterprises in the energy sector. The article analyzes innovative activities undertaken and implemented by enterprises from the energy sector. The relationships between innovative strategies, including, inter alia, digitization, and Industry 4.0 solutions, in the development of companies and the achieved results concerning sustainable development and environmental impact. Digitization has far exceeded traditional productivity improvement ranges of 3–5% per year, with a clear cost improvement potential of well above 25%. Enterprises on a large scale make attempts to increase energy efficiency by implementing the state-of-the-art innovative technical and technological solutions, which increase reliability and durability (material and mechanical engineering). Digitization of energy companies allows them to reduce operating costs and increases efficiency. With digital advances, the useful life of an energy plant can be increased up to 30%. Advanced technologies, blockchain, and the use of intelligent networks enables the activation of prosumers in the electricity market. Reducing energy consumption in industry and at the same time increasing energy efficiency for which the European Union is fighting in the clean air package for all Europeans have a positive impact on environmental protection, sustainable development, and the implementation of the decarbonization program.
1
Advanced technical and technological solutions improve energy efficiency, reliability, and durability across energy-sector operations.
2
Blockchain and intelligent networks enable prosumer participation in electricity markets, supporting energy efficiency, environmental protection, sustainable development, and decarbonization.
3
Digitalization reduces energy-company operating costs, increases efficiency, and can extend the useful life of energy plants by up to 30%.
4
Digitization can exceed traditional annual productivity improvements of 3–5%, with potential cost improvements well above 25%.
5
The paper examines digitization, digital twins, blockchain, and Industry 4.0 as management and innovation tools in energy-sector enterprises.

Management processes and innovative activities of enterprises in the energy sector

The relationships and effects of digitization, digital twins, blockchain, and Industry 4.0 solutions on enterprise development, energy efficiency, operational performance, sustainability, and environmental impact

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2021-03-29
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Piotr F. Borowski
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