Utilities Find Data at the Center of Operations As data becomes central to new business models in the energy utility sector, the global grid analytics market is expected to accelerate from $1.15 billion in 2018 to $2.31 billion in 2025, at a compound annual growth rate (CAGR) of 10.4%. As data becomes central to new … Continue reading Utilities Find Data at the Center of Operations
Electric Utility Unveils New SAP System Last weekend, the Ethiopian Electric Utility (EEU) held celebrations at its primary data centre located in Addis Ababa to officially inaugurate the new SAP ERP system. The ribbon-cutting ceremony was attended by honorary guest, State Minister of the Energy Sector within the Ministry of Water, Irrigation and Electricity for … Continue reading Electric Utility Unveils New #SAP System
Meteoric rise in demand of high-voltage cables in utility sector The total primary energy consumption in the U.S. was recorded at 101.3 quadrillion Btu in 2018 and is expected to witness consistent growth over the years, owing to the surging penetration of data centers and large communication base stations across the region. High-voltage cables allow … Continue reading Meteoric rise in demand of high-voltage cables in utility sector
America’s utilities end 2019 on a record borrowing spree U.S. utilities have ended 2019 on record borrowing spree, selling more than $90 billion in bonds for the first time ever. The surge in debt from NextEra Energy Inc., Duke Energy Inc. and other power giants comes as interest rates are at historic lows, leaving investors … Continue reading America’s utilities end 2019 on a record borrowing spree
Top 5 disruptions that utility execs are probably worrying about right now DistribuTECH 2019 showcases all the latest innovations and disruptions taking place in the electric utility industry. If you are one of the almost halfmillion people who work in the utility industry, no doubt you know that the industry is changing, and fast. This … Continue reading Top 5 disruptions that utility execs are probably worrying about right now
2019: Diversify or disappear for energy, utilities and resources? In 2019 energy and utility companies face the challenges of an industry rapidly diversifying, decentralising and digitising. PREDICTION #1: BY 2040, 66% OF THE GLOBAL ENERGY MARKET WILL BE IN RENEWABLES, DRIVING AN URGENT RACE TO DIVERSIFY IN 2019 GLOBAL GREEN HOTSPOTS India and China: By … Continue reading 2019: Diversify or disappear for energy, utilities and resources?
Utilities look to Netflix audience clustering model for customer engagement As efforts to engage customers grow, utilities are looking to data analytics, online portals and personalized messaging to better understand diverse customer preferences. Efforts to make customer engagement more effective are expanding. That engagement is a crucial response to the customer demand driving the power … Continue reading Utilities look to #Netflix audience clustering model for customer engagement
Why utilities are making a necessary foray into renewables In 1988, as a young developer at what is now First Solar, I contacted dozens of utilities, trying to persuade them to install a small test facility — 500 kilowatts — of solar energy. Not a single U.S. utility expressed interest. Now, that amount of solar … Continue reading Why utilities are making a necessary foray into renewables
Utility O&M: models for private sector participation The utility business environment has been evolving over recent years, and utilities have had to look at alternative ways of managing their business. Operations and maintenance (O&M) forms a core business area for power utilities and has started getting a lot of attention due to its strategic impact … Continue reading Utility O&M: models for private sector participation
Does your utility have a survival strategy? Historically, regulated industries have been slow to embrace disruptive technologies relative to their peers. For decades, their monopoly status removed competitive pressures to innovate and retain their customer base. But my, how times have changed. With non-traditional providers and solutions emerging every day, the traditional utility as we … Continue reading Does your utility have a survival strategy?