When it comes to the energy sector, the trends of decarbonisation, decentralisation and digitisation are fast emerging. Discuss. (Answer in 250 words)

Given IPCC target of preventing global temperature rise beyond 1.5°C by 2100, energy sector has witnessed several trends: I Decarbonisation → Transition towards clean, carbon free world → Switch to renewable energy → Commitment to Paris Agreement → Global initiatives like International Solar Alliance ISA → Boost to new age technology like: Green hydrogen, E-vehicles, Li-ion batteries, Solar powered batteries II Decentralisation → A growing trend toward distributed energy production system → Involves a combination of localised microgrids, consumers to generate their own electricity needs → Localised renewable energy (eg Mundra village, Gujarat - fully solar powered, Solar rooftop) → Advantages: self reliant, reduce dependence, increase productivity III Digitisation → The trend involves use of digital machines, devices, technology to optimise energy production → Using advanced metering system - and deploying pie paid smart meters at scale → Digital tools employed like: i AI & predictive analysis, ii IOT including smart home thermostats, iii Blockchain technology to create smart contracts, iv Digital Twin - to create virtual replica of power plant, allowing models to present different scenario. Global energy demand is expected to increase in coming years. Thus, it is essential to meet the same via low carbon renewable sources of technology

— Nikita Verma · AIR 30