2019 Predictions for Worldwide Utility Companies
- Jan 27, 2019 8:04 pm GMT
This item is part of the Special Issue - 2019-01 - Predictions & Trends, click here for more
Utilities across the world are radically transforming their businesses. This is happening despite different regulatory regimes and across the diverse electricity, gas, water, and waste businesses. For instance, technology is changing how energy is produced, transported, consumed, and conserved. Customers are not just raising experience expectations — they are becoming prosumers with an active role in energy markets. New business models are emerging, thus requiring utilities to go beyond the traditional commodity business — packages combining distributed generation and energy storage at home is just one among the several examples of how utilities' mission is evolving. Digital disruptors are circumventing industry entry barriers, and utilities are being reborn in 3D: decentralized, divergent, and digital.
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