Implications of European data strategy and regulation for the energy industry
As part of its data strategy, the EU has created a far-reaching legal basis for digital value creation through data in Europe – including in the energy industry. While the Data Act greatly expands data availability in the energy system, the Data Governance Act regulates trustworthy transaction options for this data.
Under the regulations that will apply in the future, operators of wind turbines, for example, will be entitled to all data generated during the use of the turbines. This includes, for example, extensive sensor data that is essential for operational monitoring and predictive maintenance. Until now, the turbine manufacturer has had exclusive access to this data as the data owner and has also sold the rights of use to the operators.
Together with the Fraunhofer Cluster of Excellence for Integrated Energy Systems (CINES), a white paper was developed that analyzes the effects and potential of the European data strategy, provides an understanding of the new regulations, and outlines specific options for action for players in the energy industry.