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With the advent of the internet of things, these two revolutions are rapidly converging and ultimately will result in an "internet of energy."Decarbonization, decentralization and digitization are transforming the energy sector.
In this decentralized system, innovative networking technologies will become increasingly important.
Here are five reasons why we need to transform our old grids into an internet of energy: More than 1 billion people live without access to electricity, according to a report from the United Nations initiative Sustainable Energy for All.
This particularly affects sub-Saharan countries that are experiencing rapid population growth.
For example, the German power grid is considered a role model for industrialized countries, with nearly 100 percent availability.
However, the energy transition towards renewables already has affected it considerably.