FIVE TRENDS WILL REDEFINE UTILITIES IN 2020
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- Jan 27, 2020 6:06 pm GMTJan 26, 2020 10:15 pm GMT
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This item is part of the Special Issue - 2020-01 - Predictions & Trends, click here for more
Two words come to mind when characterizing the utilities industry over the past decade: disruption and transformation. Essentially, the unprecedented disruption in the market required significant transformation by utilities to adapt to changing demands and new ways of operating.
Looking ahead, I believe the defining mantras for 2020 and beyond will be opportunity and purpose. Companies’ pursuit of opportunity and demonstration of purpose will take shape in the form of five major trends. Some of these trends are not new, but they will continue to reshape the industry in 2020 and in the rest of the decade to come.