The Energy Transition
Gearing Up for Smarter Utility and Industrial Power Grids
This series explores key considerations for creating an adaptable, secure, and resilient grid:
- Future scenarios
- Utility experience with Artificial Intelligence (AI) and automation
- The role of the Internet of Things (IoT)
Disruptors in the utility industry have multiplied over the last five years. The landscape has changed with the rapid increase of renewables and, on the near horizon, energy storage. Electrification is expected to see an uptick as well, posing new demands on the grid. COVID-19 has added another disruptor to the growing list of threats – geopolitical challenges, cyber security breaches, hard to forecast temperatures, extreme weather and wildfires. Decarbonization is now high on the list of priorities for customers, investors, and governments.
Utilities and industries are deploying analytics and artificial intelligence to a slew of uses cases. The next frontier is to expand the use of these technologies, along with sophisticated automation, to de-risk planning and operations.
Part 1: Visions of 2040: What’s in Store for the Energy Industry?