Now identify opportunities and risks across the evolving Power and Utilities value chain.
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Power & Utilities
Helping you master transformation in power and utilities
Power and utilities companies globally face the triple challenge of improving environmental performance, keeping consumers’ costs down and maintaining system reliability.
Our Global Power & Utilities Center can help you meet the coming changes and resulting challenges. We have over 3,500 power and utilities professionals worldwide with the broad experience to help you create strategies for future growth.
Key issues shaping the power and utilities environment today include:
- Making sense of the smart transformation
The introduction of smart technology is an immediate challenge in terms of funding and making the right technology choices.
The focus of smart today varies.
In Europe and the US, improving consumers' responsiveness to price signals and enabling the connection of distributed renewable power to the network is key. Elsewhere, improving network resilience and allowing large-scale power transmission is often more important.
Either way, matching supply and demand will become increasingly complex.
Longer term, smart technology is likely to cause major disruptions to existing business models and P&Us cannot afford to view it as simply an infrastructure upgrade.
- All significant business processes will be affected by smart technology. Major change programs may be needed to realize potential benefits and keep stakeholders engaged.
- P&Us need to get ready for the reality of 'big data'. Smart roll-outs will result in huge increases in data, and winners will be on top of this, able to handle the increased risks that the data flood brings and use the data to extract added value.
- Individual state regulations supporting customer rights, such as meter opt-out clauses, will affect how P&Us do business.
Smart grids will enable two-way energy flows, encouraging customers to play a new role in determining their energy consumption and putting new strain on existing network assets and mechanisms.
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