Mark Ossel, OSGP Alliance Board Member, participated in the Lisbon Energy Summit 2024, held from 27-29 May at FIL in Lisbon, Portugal. During the session "Digitalisation and Transformative Technology: Driving the Energy Transition," Mark discussed the importance of digital technologies in advancing the energy transition.

The session was moderated by Marco Espinheira from Nova School of Business and Economics and included insights from Andrei Covatariu (UNECE), João Rodrigues (APIEE), and Ana Luis de Sousa (Associação Portuguesa da Energia).

In his session, Mark emphasized the need for DSO’s to prepare for the future, which has already started and for regulators to allow, or sometimes even enforce, the DSO to invest in preparing for the energy transition. He stated, "Most, if not all, do underestimate the impact of the energy transition on the low voltage net and the secondary transformers. Smart meters, based on OSGP, act like sensors giving insight information about the dynamics of the LV grid and stress point and provide control of the loads"

Discussions such as this are particularly important, as digital technologies are essential for driving progress and finding solutions in the energy transition. Policymakers and energy business leaders must address the rising energy demand while prioritizing the shift to a new, multifaceted energy system. These technologies can advance agendas from the micro level to a global scale, but achieving this requires collaboration, innovation, and tangible action across governments, the energy value chain, and industries. The results could transform hard-to-abate industries, enhance energy efficiencies, and enable the reduction and monitoring of greenhouse gas emissions- all contributing to slowing down climate change.

The Lisbon Energy Summit & Exhibition, Europe's leading energy transition event, welcomed over 3,000 visitors and featured 250+ speakers from 90+ countries. The event included three days of conference sessions, networking events, and a global exhibition showcasing the latest innovations. Notable new features were the Climatetech Conference, the expanded Hydrogen & Decarbonisation Zone, the Innovation Zone, and the Solar Zone.