New technologies are emerging that promise to transform how the world consumes energy.
The technology to transform the way energy is produced and distributed has taken off, but one big hurdle remains: a shortage of skilled workers.
Digitalization is a term that refers to the process of digitally capturing energy from a source to be used for energy.
Many companies are now experimenting with this technology to power their products.
But for those looking to take it to the next level, there is a lot of competition in the space, and some are making a big splash.
The digitalized industry has a lot to offer, said Peter B. Sargent, a professor of management at the University of Michigan and co-author of the new book “The Digitalized Economy.”
Bridget E. Brown, a spokeswoman for the Digital Energy Alliance, said the group aims to provide a “transparent and accountable” process for energy providers and manufacturers, and has been working with some of the most prominent companies.
The group, she said, will be meeting regularly with representatives from all of the largest energy providers.
But the biggest competition is already happening on the digital side of things.
The U.S. Energy Information Administration reports that a growing number of energy companies are exploring the use of digitalization for power generation and distribution.
That includes a recent proposal from Tesla to make electric cars with the technology.
The proposal was part of the automaker’s $1.4 billion bid to secure $1 billion in investment from the DOE.
Tesla is a leader in the electric vehicle market and has invested in electric vehicle battery technology.
It also has a long history of using renewable energy to power its cars, including solar panels, wind turbines and batteries.
The U.K.-based electric car maker, for example, has been using a 3D printer to build its Model 3 electric car, which can be built and tested using renewable technology.
The DOE, in a statement, said it is “encouraging innovation” by companies like Tesla and other companies to bring digitalized energy technology to the marketplace.
“The DOE’s Energy Efficiency Services Program (EESP) will continue to help those companies to make their technology and products more cost-competitive by leveraging the most innovative technologies and processes available to them,” the statement said.
“The DOE will also continue to encourage other companies that are exploring using digitalized technology to help them gain more market share.”
The group also has an advisory board of experts and business leaders from companies that specialize in digitalized solutions.
It includes former President Bill Clinton, former Secretary of State Condoleezza Rice and former New York City Mayor Michael Bloomberg.
The group recently launched a website and is seeking investors to support the effort.
The company, which is also part of an industry consortium called Digital Energy Solutions, plans to provide an online platform to help consumers and businesses get the most out of digitalized options.
It has raised more than $8 million from investors and is working to expand its staff.