Glossary
GLOSSARY
Browse through these glossary entries and discover the WeForming universe.
Climate-Neutral Economy
An economy that balances the amount of greenhouse gases emitted with an equivalent amount removed, achieving a net-zero carbon footprint. It involves reducing emissions and investing in carbon offsetting measures to address the remaining emissions.
Co-creation
A collaborative process where multiple stakeholders, including end-users, businesses, and communities, work together to develop innovative solutions. By integrating diverse perspectives and expertise, it fosters engagement, enhances effectiveness, and ensures solutions are tailored to real-world needs.
Decarbonisation
The process of reducing or eliminating carbon emissions by transitioning to cleaner energy sources, enhancing efficiency, and adopting sustainable practices. It plays a key role in mitigating climate change, promoting renewable energy integration, and creating a more sustainable and resilient future.
Decentralised Energy Systems
A distributed approach to energy generation that relies on small-scale, localised sources rather than centralised power plants. It enhances grid resilience, reduces transmission losses, and empowers communities with greater energy independence.
Demand Response
A strategy that dynamically adjusts energy consumption based on external signals, optimising usage to enhance efficiency, reduce costs, and support system stability. It enables flexibility by shifting or reducing demand during peak periods or increasing consumption when supply is abundant, contributing to a more balanced and resilient energy ecosystem.
Digital Twin
A virtual replica of a physical asset that enables real-time monitoring, analysis, and optimization. By integrating data from sensors and simulations, it provides valuable insights, enhances efficiency, predicts performance issues, and supports smarter decision-making for improved management and operation.
