A new report released by Transforma Insights and 6GWorld and sponsored by InterDigital, Inc., outlines how IoT will positively impact air, water and energy resource consumption. According to the report, by 2030 IoT deployment and its disruption of various industries is expected to save more than eight times the energy it consumes, result in net savings of 230 billion cubic meters of water, and eliminate one gigaton of CO2 emissions.
The report, Sustainability in New and Emerging Technologies, explores the impact that new and emerging technologies will have on electricity, fuel and water usage, CO2 emissions, and eWaste. It looks at the incremental impact of new technologies by examining the resource impact of enterprise and commercial technologies compared to a world without it.
Key findings from the report reveal that by 2030:
- IoT will reduce electricity consumption by more than 1.6 petawatt-hours (PWh), enough electricity to support the energy use of more than 136.5 million homes for one year.
- The net effect on fuel consumption due to the IoT will reach a yearly 3.5 PWh reduction of (hydrocarbon) fuel.
- IoT devices and emerging technologies will conserve nearly 230 billion cubic meters of water — 35% of this impact will result from improved smart water grid operations, and remaining water savings will be supplemented by IoT-enabled agricultural applications like crop management and remote pest control.
- The manufacturing of new and emerging IoT technologies is expected to increase global electricity use by 34 terawatt-hours (TWh) but will be offset by the more than 1.6 PWh of electricity conserved by IoT systems.
- The IoT will result in an additional 53 TWh of fuel used for distribution and deployment. This distribution and deployment will generate incremental eWaste, including additional hardware per device and increased levels of device shipments. The overall impact will be more than 657,000 tons of eWaste.
- IoT systems will collectively enable one gigatons benefit in CO2 emissions. The impact on CO2 emission is notably lower in regions that have a greater representation of renewable energy in their generating profile.