IoT technology will save eight times the energy it consumes by 2030, new report shows

New report shows IoT technology could save eight times as much energy as it consumes by 2030 A new report from Transforma Insights and 6GWorld shows that by 2030, IoT operations will save more than eight times the energy they consume, net savings of 230 billion cubic meters of water and eliminate a gigatonne of CO2 emissions. The report (pdf, email required) sponsored by InterDigital looks at the incremental impact of new technologies by examining the resource impact of business and commercial technologies in terms of electricity, fuel consumption, e-waste, CO2 emissions and water consumption. In terms of electricity, the report found that the development of new IoT technologies will increase global electricity use by 34 terawatt-hours (TWh) in 2030, but that IoT solutions will also reduce electricity consumption by more than 1.6 petawatt-hours (PWh).