Part of Grid Network »
Grid Professionals Group
The Grid Professionals Group covers electric current from its transmission step down to each customer's home.
Post
The Next Generation Vision of the Future
image credit: © Grapestock | Dreamstime.com
This item is part of the Special Issue - 2020-01 - Predictions & Trends, click here for more
Megatrends are driven by technological and demographic changes. They are immutable. Identifying and understanding the megatrends in T&D offer insight into the industry and strategies for the future.
In 2012, I proposed five of these immutable megatrends in the booming electric transmission and distribution industry in a popular white paper, “Identifying Megatrends Shaping the T&D Industry.” I accurately predicted that grid modernization, storage, maximizing the use of transmission rights-of-way, distributed energy resources, and operational efficiency would be hallmarks of the next generation electric utility…and, today, they are. But, do younger engineers and operators with a 20-25 year career horizon agree with these megatrends?.....or not?”
Your access to Member Features is limited.
Already Member? Sign In.
New to Energy Central?
Applying for membership with Energy Central allows you to connect with a network of more than 200,000 global power industry professionals.
The electric utility industry in 2020 is changing rapidly as it faces emerging technologies with changing business models and increasing customer expectations that energy be sustainable in its production, transmission and distribution.
But, what about the next generation of men and women that needs to deploy and use the technology, respond to new business models and meet customer demands? This will be a the focus of an upcoming panel I’m moderating on The Next Generation Vision of the Future, featuring engineers with 10-15 years of industry experience sharing their vision of the future of the grid. How will the technology be implemented and accepted? Can electric utilities compete for and retain customers if the regulatory business model changes? The panel will specifically address the technology of artificial intelligence, the business model of a distributed system (platform) operator with no end-use customer connection, and their opinions on working with big social media (data) companies to retain a retail customer relationship as long as possible. It will be a long term perspective from people engaged in the front lines today. I plan to return to this space on Energy Central to provide an update with the lessons learned from this exciting panel.
In late 2018, I wrote a redux on T&D Megatrends https://www.tdworld.com/utility-business/article/20971888/td-megatrends-redux. The redux called out artificial intelligence, strategic undergrounding, augmented and virtual reality, mobile and stationary storage allowing more solar and microgrids. Will the next generation panel agree?
As we said in 2012, megatrends are driven by demographics and technology, and they are immutable. Megatrends will define the future of our industry. The panel will define this future at their utility.
Are you and your utility preparing for this future?
Thank Mike for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member
- Ida knocks out all transmission lines into New Orleans, leaves 1M+ without power
- PG&E Announces Major New Electric Infrastructure Safety Initiative to Protect Communities from Wildfire Threat; Undergrounding 10,000 Miles of Power Lines in Highest Fire-Threat Areas | PG&E
- NYPA to Test Use of Artificial Intelligence in Upgrading Transmission Cable
- Nontraditional Undergrounding: WEC Energy Group's Zoo Interchange Project
Discussions
Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.
Related Special Issue Content
Predictions & Trends for 2020
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.
Your access to Member Features is limited.
Sign in to Participate