Davos 2023 Digitalization has blended physical infrastructure – including energy assets – into digital networks making it vulnerable to cyberattacks. Crowdsource Innovation Geopolitics, economic forces and market dynamics link energy security and the climate crisis through a digital energy transition. Digitalization represents the challenges from cyber threats, and solutions from digital technology, in delivering energy needs and security. Energy industry leaders must embrace cyber resilience as a pillar of the digital energy ecosystem. Looking back at the 2022 World Economic Forum Annual Meeting in Davos, Switzerland, few global policymakers and business leaders could have predicted the forthcoming year. Yet, the cascading effects of a global pandemic, the invasion of Ukraine and critical supply chain distributions have destabilized the entire global energy ecosystem. These crises fundamentally shifted geopolitics and jeopardized energy and economic security. But they also crystallized how to leverage digital technology to address these issues and the existential threat of climate change through effective energy transition. Have you read? Digitalization – a threat and opportunity The solution to energy security and the energy transition is an ecosystem driven by electrification, decentralization and diversification of energy technologies – all underpinned by digitalization. This future is possible because the energy […]