Industry Futures: Energy by 2030

Wipro’s Industry Futures for energy report examines the strategic shift required for enterprises to evolve into fully autonomous and sustainable operations by 2030. This report highlights emerging technologies such as energy analytics and nextgen intelligence driving energy sector transformation, showcasing key use cases and strategies for growth and competitive advantage. It emphasizes adopting innovative energy solutions, energy-efficient technologies, smart resource management and circular economy principles to foster innovation, resilience, and long-term success.

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Efficient energy enterprise

In the future, energy enterprises will thrive through smart resource management, immersive workforce operations, and virtual assistance. Energy-efficient assets will be optimized via innovative energy solutions such as integrated simulations and digital modelling. Automated workflows and agentic systems will streamline processes using AI and RPA. Trends include automated procurement, decentralized logistics networks, and smart contracts, leveraging extended reality, energy analytics and cloud-based systems. These trends will drive efficiency and sustainability, redefining operational excellence in the energy sector.

NextGen Intelligence

NextGen intelligence and innovative energy solutions will drive intelligent asset management with real-time monitoring and energy data analytics, leveraging technologies like IoT sensors and AI-driven predictive analytics. Intelligent demand forecasting will utilize machine learning to optimize energy supply chains. Real-time operational analytics will enhance automation and predictive maintenance of energy infrastructure, while autonomous field and facilities management will rely on 5G networks and edge computing for efficient energy operations. This synergy will revolutionize energy efficiency and reliability.

Decarbonization pathways

By 2030, energy sector decarbonization pathways will revolutionize with smart resource management, energy-efficient infrastructure and renewable energy integration. This will be powered by AI-driven microgrids. Electrification will accelerate via advanced EV charging networks and smart heat pumps. Decarbonized energy infrastructure will integrate hydrogen fuel cells and sustainable biofuels. Innovations such as carbon-negative materials and smart carbon trading will thrive. Carbon Capture, Utilization & Storage (CCUS) will be pivotal, driving emissions reduction and net-zero transitions across industries, enhancing global sustainability and environmental stewardship.

Accelerating energy transition

Accelerating the energy transition will involve renewable energy ecosystems powered by solar, wind, and hydrogen. Sustainable energy storage and transport solutions will focus on EV, leveraging technologies like advanced batteries and smart grids. Customer-centric energy solutions will include Energy-as-a-Service (EaaS) models, offering tailored energy services and smart appliances. Digital oilfield integration with renewable energy will optimize operations using AI and IoT, enhancing efficiency and sustainability across sectors. This synergy will drive a decarbonized, efficient energy landscape.

Innovative reserve replacement

In the future, innovative reserve replacement will focus on intelligent oil and gas discovery using AI-driven predictive modeling and data analytics. Infrastructure-led exploration will accelerate production with digital twin simulations, reducing costs and carbon footprints. Hybrid Enhanced Oil Recovery (EOR) systems will integrate CO₂ injection and nanotechnology. Unconventional Resources like shale gas will be tapped via AI-optimized hydraulic fracking, balancing energy security, efficiency, and sustainability. These strategies will enhance operational efficiency and innovation in reserve replacement.

Advanced risk management

Advanced Risk Management in energy industry will leverage AI-driven cybersecurity and blockchain for resilience. Smart virtual surveillance will utilize extended reality and drone-based monitoring to enhance hazard risk management. Smart knowledge platforms will integrate AI and cloud technologies for informed decisions. Geopolitical risk assessment will rely on AI, blockchain, and IoT to predict global threats, ensuring a secure energy landscape with enhanced security and sustainability measures in place effectively. This holistic approach will redefine risk management and operational stability.

By 2030, energy sector will face technological disruption, creating opportunities and challenges. To stay competitive, firms must innovate, embrace smart technologies, invest in renewables, and collaborate with leaders like Wipro to ensure sustainable and reliable energy solutions.

About the Author

Varun Dube

Varun Dube is the Head of Tech Strategy at Wipro. He is a seasoned technology consultant, advising CXOs on transformative business outcomes. With a deep understanding of emerging technologies and their potential to disrupt industries, Varun drives innovation and digital transformation for Wipro clients . His expertise in crafting and executing technology strategies, combined with his focus on emerging tech and co-innovation, helps organizations achieve sustainable growth and competitive advantage.