It’s no secret, the commercial application of drones in the energy industry is in its infancy and regulators are only starting to catch up. The rapid pace at which drones are being tested in the field and the associated technologies that are being developed has left many wondering ‘what am I not doing that I should be?’
Darcy Partners’ latest study, Drones in Energy, uncovers the leading technologies and perspectives on:
- Asset Inspection
- Leak Detection
- Situational Awareness
In the last 6 years, drone technologies have gone from a hobbyist market to one of the most active sectors for venture capital investment – 2015 saw 4x increase in committed capital compared to 2014.
The broader energy industry is now intently deploying drones for a variety of use cases. If the theory holds that drones will be able to do just about anything humans shouldn’t do, then the new associated technologies being developed are going to exponentially boost the value of drones to the energy industry.
The challenge for companies right now is to assess the validity and appropriateness of these technologies, and overcome the vendor deluge created by the dramatic uptick in market activity. We’re going to leave the lawyers and lobbyists to argue over regulation while we focus on technologies, but don’t also forget that regulators are also looking at ways to monitor activity using drones and that too is worth staying ahead of.