LF Energy, the open source foundation focused on harnessing the power of collaborative software and hardware technologies to decarbonize our global economies, has released the “2023 Energy Transformation Readiness Study” with 76% of energy stakeholders surveyed reporting their organization has a clear strategic plan for digitalization, and that they have already begun implementing it. Additionally, 64% of energy stakeholders use more open source software than closed source, however a plurality (43%) believe energy industry consensus is still key to increasing OSS adoption.
Respondents in the Asia Pacific region were found to be the furthest ahead with implementing digitalization plans at 84%, followed by North America at 78%, and Europe at 62%. Nearly all respondents who have not already begun implementation already have a plan in place and ready to be implemented, or well into development.
Other key findings from the report include:
- 51% of energy stakeholders see information technology (IT) and operational technology (OT) on the way to convergence in their organizations.
- Digitalization plays a critical role in decarbonization by enabling smart home energy management, EV charging, and improved demand response.
Cost reduction and transition speed-up are the main benefits of OSS in the energy sector, while performance, support, and security are the main barriers to adoption.
- Open source software reduces grid complexity by enabling the integration and management of distributed energy resources (DERs) and easing application development.
- Half of the organizations surveyed believe that software and open source skills should be covered in training programs.
The report, developed in partnership with LF Research, Linux Foundation Training & Certification, G-PST, RWTH Aachen, and Zpryme, provides survey-based insights into energy sector digitalization through open source.