Railway IoT specialist, Shields Energy, is urging rail operators to reap the benefits of digitalisation. The company is encouraging rail operators to take the lead following the recent UK report on the Future of Rail from the International Energy Agency and the International Union of Railways.
The report states that rail is one of most energy-efficient modes of transport but is often neglected in public debate.
There are 2,500 railway stations in the UK, and with the increase in rail passengers and thus railway station users the pressures and economies of scale for stations are mounting. Up to a third of the total operating cost for train operators is energy spend – much of that energy is inefficient and unmonitored. This mounts up not just on an environmental scale but has serious financial and operational implications.
Dan Shields, CEO of Shields Energy, says: “The Future of Rail report dug pretty deep in the projected future of the railways sector, it took into account policies, regulations and projects that are set to run up until 2050. One of the key findings was that rail has a big part to play in the reduction of emissions. It is here that the rail industry has the chance to shine when it comes to being energy efficient.
“Quashing that energy spend is a top priority for the industry but doing this accurately and with efficiency is where technology is required. The UK is well placed to be a world leader in rail innovation and transparency. Data and IoT is a key enabler to this, which is why the IoT technology is the axiom of the moment for the railway management industry,” he adds.
Shields Energy is on track to digitalise the railway sector with its IoT solution, CODA, providing accurate data benefits and significant cost savings to hundreds of UK railway stations.
Shields has brought great benefit for emissions reduction and cost savings:
- reduced reactive maintenance
- reduced energy consumption
- improved health and safety
- remote asset condition monitoring
- estate wide visibility for improved decision making.