Industry 5.0 is the new paradigm promoted by the European Commission, in a report published in January 2021. Industry 5.0 nests the Industry 4.0 approach in a broader context, providing a regenerative purpose and directionality to the technological transformation of industry for people-planet prosperity (sustainability, resilience and human-centricity) rather than the simple value extraction for shareholders.

Energy technologies for resilience, sustainability, and cost reductions as well as a modern policy framework are needed to manage energy transition, while keeping energy intensive industries competitive at global level. This is accomplished by optimizing plant technologies and integrating data analytics technologies into processes using IoT sensors. These cyber-physical infrastructures help us to collect data of these systems, monitor them, understand energy waste patterns, and other KPIs to optimize energy usage and make industries more resilient and sustainable.