We are currently living through a revolution that is changing the way energy is generated, stored, and consumed. Our energy model is moving towards a decentralized system, where each consumer will be able to generate the energy they need. Furthermore, the development of a more sustainable electricity grid network means that accurate management of energy consumption is a top priority for large industrial and retail businesses, as well as local communities and individuals alike. The Industry 4.0 business paradigm reflects the latest trends in decarbonization, electrification, digitalization, and urbanization. Indeed, by 2040 global electricity demand is expected to rise by 60%, while almost 50% of installed capacity worldwide will come from renewables by 2050.