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Is it easy to become smart? Energy corporations challenged by smart energy

JAVA HALL, October 16, 15:15 — 16:15

Global energy is changing in several ways at once. It faces the development of new methods of traditional energy exploitation, rapid development of sustainable energy, and digitization. New smart technologies allow for dramatic reduction of energy losses, better environmental friendliness, and more effective energy use. However, the challenge is that traditional energy companies do not often find it easy to adopt new modes of operations not only because of the total technical revamp needed, but also because of new infrastructural solutions and business models required for the new energy.
What is the balance between traditional and new energy companies and technologies? To what extent industry leaders are ready for the “smart” era? What is the status of this transition? What technology do major companies require the most? How do they cooperate with startups and innovation companies?