Industry 4.0 for energy productivity
Report at a glance
RACE for Business Program
Industry 4.0 for energy productivity
Project Code: 21.B2.A.0229
Copyright © RACE for 2030 CRC, 2021 ISBN: 978-1-922746-28-3 December 2022
Citation
Trianni, A., Bennett, N., Cantley-Smith, R., Cheng, CT., Dunstall, S., Hasan, ASM M., Katic, M., Leak, J., Lindsay, D., Pears, A., Tito Whealand, F., White, S., Zeichner, F. (2022), Industry 4.0 for energy productivity – Opportunity Assessment for Research Theme B2, Final Report
Project team
University of Technology Sydney Faculty of Engineering and IT Andrea Trianni
Project Partners
Acknowledgements
Nicholas Bennett A S M Monjurul Hasan Mile Katic Faculty of Law CSIRO
A2EP RMIT IoTAA
David Lindsay Rowena Cantley-Smith Fiona Tito Wheatland
Stephen White Simon Dunstall Jarrod Leak Alan Pears
Chi-Tsun (Ben) Cheng Frank Zeichner
We would like to thank the Industry Reference Group AGL, AMPC, Bosch, Commonwealth Government, Department of Climate Change, Energy, the Environment and Water, EnergyOS, Exergenics, NSW Government, Schneider Electric, Simble, SwitchedIn, Sydney Water, Telstra, and the Victorian Government for their contributions.
What is RACE for 2030?
RACE for 2030 CRC is a 10-year co-operative research program with AUD350 million of resources to fund research towards a reliable, affordable, and clean energy future.
https://www.racefor2030.com.au
Acknowledgement of Country
The authors of this report would like to respectfully acknowledge the Traditional Owners of the ancestral lands throughout Australia and their connection to land, sea and community. We recognise their continuing connection to the land, waters and culture and pay our respects to them, their cultures and to their Elders past, present, and emerging.
Disclaimer
The authors have used all due care and skill to ensure the material is accurate as at the date of this report. The authors do not accept any responsibility for any loss that may arise by anyone relying upon its contents.
Report at a glance
What is the report about?
This opportunity assessment report explores the various benefits, barriers, regulation, and business models currently available for Industry 4.0 technologies. Industry 4.0 technologies aim to improve energy productivity within industry I.e., the ability to shift part or whole [industrial] energy usage to times of the day when it is either/both cheaper and more economical with renewable energy sources. Given the complexity of Industry 4.0 technical features (Artificial Intelligence (AI), sensors, big data & analytics, Internet of Things (IoT)), the breadth of analysis this report provides insights into how to unlock future potential by leveraging benefits and overcoming barriers to this technological transition.
Why is it important?
This report serves as the crucial introduction of a new wave of technological innovation. Industry 4.0 has the potential to drive innovative new practices for businesses resulting in improvements to equipment effectiveness, labour effectiveness, quality, flexibility, and resource efficiency. In the same way mobile phone technology revolutionised the way society communicated with each other; Industry 4.0 is expected to drive behaviour change and benefit businesses across different sectors and business segments. Ensuring a smooth implementation of this will strengthen business competitiveness in global markets, while reducing the demand for expensive excess infrastructure.
What did we do?
The project team analysed the current climate surrounding Industry 4.0 technologies. This included a comprehensive review of the key issues, like data concerns, barriers to adoption, productivity benefits, the regulatory framework, business models, and a roadmap to Industry 4.0 energy productivity.
What difference will it make?
This project has estimated cumulative figures that the possible impacts of Industry 4.0 technologies include:
Gross energy savings of $1.1B by 2030-31 and $2.4B by 2034-35, and Emissions reductions of 5.9 Mt CO2e by 2030-31 and 12.9 Mt CO2e by 2034-35.
Broadly, energy efficiency can boost economic and social development, improve energy system sustainability, contribute to environmental sustainability, and boost wealth in general.
What’s next?
The following recommended actions are outcomes of this report:
1. Implement the proposed research roadmap (projected from now to 2030),
2. Promote discussion focusing on technologies or projects targeting a specific sector within the Australian business context to help industrial stakeholders see where the value is for Industry 4.0 in their own business contexts, and
3. Work towards reducing barriers around Industry 4.0 technological adoption; including the development of guidelines, frameworks, and platforms for safe data storage, sharing, and data management.
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