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Digital Transformation in Industry pp 43–55Cite as

Digital Revolution in the Energy Sector: Effects of Using Digital Twin Technology

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Part of the book series: Lecture Notes in Information Systems and Organisation ((LNISO,volume 54))

Abstract

The energy sector today is undergoing the digital revolution. The Internet of Things (IoT) and its subset, the Internet of Energy (IoE), that comprise, for example, smart meters, artificial intelligence (AI), or virtual reality (VR) with their practical application to the energy sector all together contribute to the enhancement of the smart energy grids of the future. Our paper focuses on the overview of the digital twins’ technology that are increasingly used in the smart grids. We discuss their application and usefulness for the improvement of the safety, security and reliability of the energy networks that include a two-way flow of information and power. Furthermore, we examine various types of digital twins and show use cases related to design, operation, control and safety of systems, testing, regulation, operator training and maintenance planning for energy utilities. Our research provides some innovative examples that might become the inspiration for the policy-makers and stakeholders working in the field of energy economics and policy.

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Author information

Authors and Affiliations

  1. University of California Berkeley, 303 Giannini Hall, Berkeley, CA, 94720, USA

    Wadim Strielkowski & Gordon Rausser

  2. Institute of Economics of the Ural Branch of the Russian Academy of Sciences, 29 Moskovskaya St., 620014, Ekaterinburg, Russian Federation

    Evgeny Kuzmin

Authors
  1. Wadim Strielkowski
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  2. Gordon Rausser
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  3. Evgeny Kuzmin
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Corresponding author

Correspondence to Wadim Strielkowski .

Editor information

Editors and Affiliations

  1. Bristol Business School, University of the West of England, Bristol, UK

    Vikas Kumar

  2. State Key Laboratory of Precision Electronic Manufacturing Technology and Equipment, School of Mechanical Engineering, Guangdong University of Technology, Guangzhou, China

    Jiewu Leng

  3. Department of Regional Industrial Policy and Economic Security, Institute of Economics, Ural Branch of the Russian Academy of Sciences, Ekaterinburg, Russia

    Victoria Akberdina

  4. Department of Regional Industrial Policy and Economic Security, Institute of Economics, Ural Branch of the Russian Academy of Sciences, Ekaterinburg, Russia

    Evgeny Kuzmin

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Strielkowski, W., Rausser, G., Kuzmin, E. (2022). Digital Revolution in the Energy Sector: Effects of Using Digital Twin Technology. In: Kumar, V., Leng, J., Akberdina, V., Kuzmin, E. (eds) Digital Transformation in Industry . Lecture Notes in Information Systems and Organisation, vol 54. Springer, Cham. https://doi.org/10.1007/978-3-030-94617-3_4

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