Today, industrial production is undergoing another fundamental transformation .This process is informed by a vision where the physical world of industrial production merges with the digital world of information technology – in other words, the creation of a digitized and interconnected industrial production, also known as cyberphysical systems . The transformation of the energy sector through the deployment of more sustainable energy systems and digital transformation of the industry will substantially alter the way people live, consume, produce and trade. These two major transformations are concurrent and interconnected, but are pursued in different political arenas and with different paces and priorities across the globe.