Navigant: The Utility Value Chain to Change Significantly by 2030
Navigant Research has released a new whitepaper, Defining the Digital Future of Utilities, highlighting the opportunities and challenges that the utility industry will face during the transition to an intelligent and distributed future.
According to Navigant, significant change is already underway in the energy industry, and in roughly a decade, it is expected that current distribution network operators will have transformed into distribution service orchestrators, responsible for far more than just network operations. Likewise, the current energy supply business will be fully transformed into an energy service provider model, and companies will offer end-to-end energy services that have little in common with today’s volume-based approach to revenue generation.
“This white paper assesses the impact on the utility industry of an aggressive Energy Cloud scenario, where distributed energy resources (DER) are near ubiquitous,” said Stuart Ravens, principal research analyst with Navigant Research. “DER owners can trade their self-generated power on transactive energy markets and utilities rely heavily on machine learning and analytics-driven automation to manage the grid. To reach this future goal, utilities must significantly transform their existing business models.”
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