The global energy sector is undergoing a seismic shift. Electrification, digitalization, and decarbonization are reshaping how we generate, distribute, and consume power. Open source technology is at the heart of this transformation, enabling collaboration, accelerating innovation, and breaking down barriers to progress. Today, we are thrilled to announce the release of the LF Energy 2024 Annual Report, highlighting the key developments, partnerships, and projects that defined this past year.
Key Highlights from the 2024 LF Energy Annual Report
- Expanding Industry Collaboration: LF Energy welcomed new members, including major North American utilities and grid operators, reinforcing the importance of open source solutions for modernizing the power sector.
- Spotlight on Artificial Intelligence: AI is transforming energy systems, from forecasting and grid optimization to smart asset management. LF Energy launched multiple AI-driven projects, including OpenSynth and GridFM, to advance the industry’s capabilities.
- Strengthening Security and Interoperability: As the grid becomes more digital and decentralized, security and standardization are paramount. LF Energy completed security audits for critical projects like OperatorFabric and SEAPATH and expanded efforts to improve cross-platform interoperability.
- Growing Open Source Energy Projects: The LF Energy community continued to develop and support a diverse set of projects tackling digital substations, EV charging, data standards, and more.
- Major Partnerships Driving Innovation: LF Energy formalized collaborations with CRESYM, the International Energy Agency (IEA) Task 53, and the U.S. Joint Office of Energy and Transportation, reinforcing a shared commitment to building an open and connected energy ecosystem.
Why This Matters
The challenges facing the energy sector are unprecedented. Traditional proprietary approaches cannot keep pace with the speed and scale required for the transition. Open source solutions, backed by a vibrant and engaged global community, are enabling energy stakeholders to work together on foundational technologies that benefit everyone.
By fostering an ecosystem of shared knowledge and collaboration, LF Energy is helping utilities, technology providers, and policymakers accelerate the adoption of scalable, secure, and interoperable energy solutions.
Download the Full Report
The LF Energy 2024 Annual Report provides an in-depth look at the progress made over the past year and what’s ahead for the future of open source in energy. Whether you’re an LF Energy member, an energy utility, or a technology vendor looking to understand the role of open source in the energy transition, this report is a must-read.
