HOW UTILITIES CAN EVOLVE IN A NEW ENERGY WORLD
Disruption Becomes Evolution: Creating the Value-Based Utility
Barker, et. al., July 2014 (CMG)
“Innovations in the 20th century drove the fastest and most disruptive transformations in economic history…The important common trend among then, and coming soon to the energy industry, was the movement from centralized capacity controlled by a few to distributed capacity independently controlled by anyone and costing a fraction of the traditional cost…Today, after more than a century of slow evolution and little power system changes, a confluence of factors within the industry now result in electric utilities now facing multiple technological and business disruptions…[including]…Renewable and Distributed Generation…Demand Response…Microgrids…Electric Vehicles…[and] Energy Storage…[K]ey business trends partially or wholly unrelated to technology also have the potential to disrupt the utility industry status quo…[including] Retail Choice…Product Bundling…Municipalization…Nationwide Wholesale Markets…[and] New Business Models…” click here for more
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