Energy and Utilities
New technology, smarter grids, and changing business models are reshaping the Energy and Utilities marketplace.
Revive aging power grids with blockchain: A new model for energy flexibility
Current power grids are structured for a world that no longer exists. Large, controllable power plants generate power, and distribution system operators (DSOs) deliver loads through a traditional top-down grid structure. The rapidly aging power grid is at risk of cyber-attacks and other disruptions. Blockchain offers relief by making it more distributed.
A global energy transition is afoot, driving structural shifts in the industry, challenging leaders to adopt new strategic and operational imperatives.
Fundamental IIoT cyber hygiene, augmented with automation and AI, is critical to continuity of operations and service delivery for utilities.
Insights derived from data collected from connected devices are being used across industries to enhance productivity. But there are also risks.
Increased public environmental responsibility and changing government policies are prompting more consumers to consider solar power.
By redesigning work processes and activities from a “mobile first” perspective, utilities can innovate and evolve with rapidly changing energy markets.