What is Shell's Net Carbon Footprint ambition? The Digitalisation Zone at Middle East Energy highlights these new technologies to an audience that is looking for ways to digitally transform their operations and business models. Our customers want to reduce their total cost of ownership, running their machines for longer with less downtime. At the Global Leadership Summit for the Asian Lubricant Manufacturers Union, Richard Jory, Shell’s Vice President, Lubricants Supply Chain, spoke on how Shell is extracting value from digital solutions while staying focused on delivering to customers. The energy sector is a relatively early adopter of digitalisation, with real-time monitoring equipment, automation and data analytics. In recent years, the digitalisation of energy has become a major priority in the evolution of the energy sector. They held that technology plays a significant role in increasing the access to clean and sustainable energy resources thereby building Nigerian economy. We estimate that 80-90% of the benefit of digital and digital work is simplifying complex data to better know and serve our customers. We take the best of a start-up culture and approach, and marry it with the power of a global leader with deep and extensive industry knowledge. This product optimisation tool integrates digital technologies into our supply chain. This helps us optimise deliveries as our customers save time and money and simplifies processes. Digitalisation is the flavour of the month when it comes to energy companies. Finally, our third focus area is to create new business models. As Shell, I’m proud to say we have the largest lubricants business in the world and have been market leaders for the past 12 years. And the impact has already been big as can be seen in the hundreds of billions of dollars that have been wiped off the value of many of our major energy incumbents. We have to achieve the greatest efficiencies today, while preparing for tomorrow. The digitalization of energy is no exception. In the UK where I’m from, over 80% of people now own or have access to a smartphone or a mobile phone. Digitalisation will change the energy system in ways that we weren’t even able to imagine a couple of years ago – and we may not even fully be able to imagine today. In addition, we have energy efficiency technologies working in the background to control our use of energy. Already a combination of PV&S (solar PV and storage) makes economic sense in places as far abreast as Italy and Tanzania. While many energy companies are implementing newer technologies to facilitate grid management, oil and gas companies are turning to digitalisation to improve the decisions behind exploration and production assets. One of the huge trends currently transforming the energy sector is digitalisation. and services. Digitalization •Regardless of spelling, it's everywhere •Digitalisation is a rapidly expanding topic in the energy sector •Digitalisation of the energy sector has arrived in corporate reality - But not yet fully in the energy sector's legal departments These enable us to gain deeper insights into our customers, and improve how we deliver products and services to our customers. What are the energy efficiency opportunities of digitalisation? It promises a lot for every segment of the energy ecosystem: households, prosumers, distribution, Second, we create new value from existing business. First, building a strong digital backbone through our existing business. The energy sector is now embracing the major change linked with the transition to a low-emission future, and is faced with a wide range of major issues. Digitalisation stimulates each value creation stage in a variety of forms and revolutionises the system and process boundaries of the energy sector by means of an absolutely dynamic interlinking of the value creation stages. Digital technologies are transforming our lives in ways that were unimaginable even one decade ago. But this is only the start; it is the combination of the five S’s: software, semiconductors, sensors, solar and storage that really is creating an energy revolution. What should one do at night or when the sun is behind the clouds? Solar can be used to power calculators, solar panels can be mounted onto our roofs or facades, or they can be configured for use in large-scale power production plants. Digitalisation. 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