Five trends that will transform Energy and Utilities in 2019

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        #News(General) [ via IoTForIndiaGroup ]


        Intelligent Automation to optimize a network of batteries and fleet of EVs opens up new business model innovation opportunities for the utilities of the future. There will be some big winners and losers as the energy world reorganizes around fossil-free assets.

        Capgemini Article

        The electrical transformer – the device that transfers energy among circuits – has been essential to power transmission and distribution for well over 100 years. But today the energy and utilities industry must deal with transformers of a different sort.
        Over the past 10 years, new technologies and market forces have accelerated the rate of change to a disorienting degree. Going forward, the pace will only increase, and the business implications will only expand.
        With these realities in mind, here are five trends that will transform the energy and utilities industry in 2019. Smart companies will keep these issues front and center as they create and implement their strategic plans.

        1: Utilities will move away from traditional procurement business models to create partner ecosystems.
        2: Batteries will become central to grid modernization and distributed energy resource management systems (DERMS).

        3: Industry players will draw battle lines for who will own and operate the electric vehicle (EV) charging infrastructure.

        4: Intelligent automation will become essential to managing the complexity of distributed energy resources (DERs) and EV infrastructures.

        5: Market dynamics will force energy and utility companies to adapt business operations and models to an unprecedented degree.

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        Read More..

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