Digitalisation in renewable energy is poised to become a major revenue booster for OEMs, analytics companies and data-savvy asset owners, as the market for digital services swells to be worth over $90bn by 2027, according to a new forecast report from Totaro & Associates (T&A).

The research consultancy’s study, Renewable Energy Digitalization Innovation Report – launched at a Recharge Thought Leaders roundtable today (7 May) on digitalisation in US wind – calculates that the market for digitally enhanced O&M services, such as data analytics for asset life extension or energy output optimisation, is seeing “robust growth”, with expectations 105GW of assets will be monitored with digital solutions by the end of 2018 (see graph in carousel above).