Power & Utilities - Changing Landscape

Abstract

It’s no longer only about electron flow in electricity. The seamless flow of data and information holds equal significance to the flow of electrons in propelling the electricity value chain of both the present and the future

Power & utilities industry have gone through a supplied, and utilized, but it also poses threats to unparalleled shift in recent years, fueled by rapid established, legacy business models and regulatory technological advances, rising consumer demands, frameworks.

As the world struggles to reduce carbon emissions and tackle climate

The Changing landscape of the industry is not only change, but the sector is also at the forefront of innovation, transforming the way electricity is generated, striving to strike a heterogenous balance.

Today’s ever-changing energy market presents challenges and opportunities for industry players.

The combination of renewable energy sources, energy storage systems, and smart grid technologies is disrupting the traditional linear value chain of electricity generation, transmission, distribution, and consumption.

This bi – directional flow of energy, in which electricity may be consumed as well as provided back to the grid, brings a degree of complexity that necessitates creative solutions.