Digitalization of the Energy Sector as A Current Trend for Improving the Efficiency of Technological Work in Industries

Authors

  • Bakytnur Uteyev University of International Business
  • Saltanat Abishova University of International Business

DOI:

https://doi.org/10.47703/ejebs.v2i56.14

Keywords:

digital transformation, intelligent data processing, digital energy, information and communication technology, energy consumption, renewable energy sources

Abstract

Goals of the research are to present the analysis of the key areas of digital energy and smart electric networks for the current and up to 10 years, a review of modern hardware and software solutions for the implementation of integrated information systems. To process the primary information, general scientific methods including an abstract-logical research method were used. This includes examples of best practices worldwide from analytical reviews and databases.

The digital electric power system forms a single distributed space of information technologies, combining information from primary sensors of energy system objects and its users to common technological, economic, forecasting and behavioral models. Integration of management solutions through digital platforms provides fast, flexible, reliable, safe and cost-effective adaptation of all types of relationships between objects and subjects of the energy system. This optimally satisfies the ever-changing energy needs of resources.

The direction of energy systems in the world contributes to their "digital transition", a fundamental change in the internal institutional architecture and strategic management. In Kazakhstan, the inefficiency of the electric power industry is becoming a limiting factor for the modernization of the economy in the context of globalization. The terms "digital energy" and "digitalization" appeared in the context of the formation of a digital economy. Digital energy is the assembly and development of a combination of industrial and economic relations in the industry based on digital approaches and tools. From many definitions of the digital economy, it follows that its special subject is economic activity, commercial operations and professional interactions, built on new principles using information and communication technologies.

How to Cite

Uteyev, B., & Abishova, S. . (2020). Digitalization of the Energy Sector as A Current Trend for Improving the Efficiency of Technological Work in Industries. Eurasian Journal of Economic and Business Studies, 56(2), 18–28. https://doi.org/10.47703/ejebs.v2i56.14

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Published

2020-06-30