The engineering community of researchers, and innovators around the world are actively working on developing and applying solutions to the wide number of global environmental and sustainability problems that we face in the 21st century and beyond.
The World Forum provides us with an opportunity through an open forum to come together with a range of end users, academics, industry and the public sector to examine how the interconnection of objects via the Internet of Things is already playing a role in tackling these problems and to explore what future role it could or should play specifically in the environment, sustainability and circular economy spheres.
In tackling climate change, the development, adoption and deployment of large scale wind turbines, solar photovoltaic and solar thermal farms around the world are converting the wind and solar energy into electrical energy and displacing conventional electrical generation. The variability of these intermittent sources requires applying numerous IoT solutions to enable real-time responses in both the supply and demand of electricity to meet the current and projected load of electric grids while at the same time providing the grid customers highly reliable energy. This need will only grow as the penetration rate of renewable sources increase and our grids move from a relatively small number of synchronous generators to a relatively large number of asynchronous generators.
In addressing resource efficiency, the linear economy where we take, use and dispose of materials, many of which are now considered to be critical due to their economic importance and supply risk is forcing us to re-think how our business models operate. The circular economy, which aims to slow, close and narrow resource loops, is emerging as a natural response to this predicament and the Internet of Things can and will play a role in managing resource flow throughout the life cycle of the products we use in daily life. In providing location and usage data it can enable greater adoption of leasing or pay per use business models. Life consumption monitoring can help to optimise service cycles and prolong product lifetimes. Through auto-identification it can increase the reuse and recovery rates of products at end of life and promote greater recycling efficiency.
These are only some of examples of the tremendous impact that the Internet of Things can bring to the challenges facing the environment, sustainability and circular economy in the coming years. This track will contain a high calibre set of presentations from industry and academia to introduce the ground breaking work that they are conducting. Each session will also include a panel discussion to enable a full participation between the audience and our invited experts.