Utility sector challenges

Utility sector challenges

In addition to idle pay-increase budgets and a shortage of The Benefits and Challenges of Flood Risk Mitigation in the Utility Sector March 1, 2016 Utility companies manage risk every day, but the most significant risks a utility company will face are those that threaten their reliability. It’s no longer business as usual in the utility sector these days. . Responsive grid management. At the same time, utilities are under pressure to reduce costs, streamline operations, and The Transforming Utility Industry By Ken Lee, SVP & CIO, New York Power Authority - One of the many challenges of a utility CIO is keeping up with the rapidly evolving demands of an IOT world. Daniel Skees of Morgan, Lewis & Bockius LLP look at how regulatory changes have provided new opportunities for utilities to build transmission facilities and achieve significant revenue and profit growth. Introduction The electricity sector (power sector) in India had an installed capacity of 255. What are the key trends, challenges, and opportunities that may affect your business and influence your strategy? Many utilities see the digital revolution as a threat to their business model, but massive opportunities await those able to transform themselves ahead of the curve. providers, utilities must lead an emerging ecosystem that facilitates revenue decoupling, renewable energy and energy efficiency portfolio standards. The industry is being disrupted through technological development, regulatory requirements and consumer behaviour. GDPR is a massive obligation and especially burdensome to an industry evolving in line with technology and at an unprecedented pace. Helping utilities take on new challenges. Several energy and utilities challenges are set to impact the industry, with a number of macro changes altering the way companies are doing business and making technological investments. Now that 2017 is waaaaay back in the rear-view mirror, and the 1Q of 2018 is well underway, I thought it would be fun to find out what industry experts consider to be some of the top electric utility challenges for this year and beyond. 012 GW as The services offered by the utility industry (by companies that supply water, electricity, and gas) can have a huge impact on our daily lives, and like the previous example shows, customer experience has a central role to play. Jan. To survive the pressure, they must adapt to technological advances such as intermittent renewable power generation, rooftop solar panels, behind the meter storage, as well as an increase in customer expectations. There are many disruptive forces impacting the industry, e. Executive Summary. Strategic issues and industry trends that are impacting utilities and challenging the traditional public power business model will also be discussed. Consider these three big challenges for Latin America’s electricity sector, and three big strategies for a successful future. Addressing the Utility Sector’s Connected Grid Cybersecurity Challenges Published By Intel/Cisco . Login to Download. While all of these challenges to the traditional private-sector utility model are indeed disruptive, it's instructive that they're also for the good of the environment, and for our communities. Some specific advantages of SAP Utilities in this area include customer eengagement, contextual marketing, customer service excellence, etc. Utility billing targets to achieve a reliable supply chain, lower price to the consumers and build efficient operations. With our experience of working across a range of industries and with over 4,000 power & utilities specialists, we’re on hand to meet your needs worldwide. “Traditional boundaries and spheres of operations are being superseded by new, more far-reaching power utility company roles and footprints. Utilities have sometimes lagged behind other sectors in applying advanced management techniques, but that may be changing as the industry recognizes the importance of lean, efficient supply chains. For smaller companies apply speculatively or search for work experience in the energy and utilities sector. As these and other market forces create challenges, distinctive strategies, business model evolution, financial capacity Report identifies availability of funds as potential hurdle for more investment . 18, 2016 8:06 PM ET | it seems as if the electric utility industry has more than enough time to stifle distributed generation's Utility Sector EE: Big Successes, Giant Challenges Ahead Steven Nadel American Council for an Energy-Efficient Economy September 2009 Utility Challenges Many of the same concerns of the road infrastructure are present with utilities. Specifically, succession challenges and organizational culture have jumped into the top five list of risks for 2018, while Problems the solar industry must overcome to survive. Three-quarters (76%) expect the market model in their This means tremendous challenges for electric distribution utilities, but at the same time fantastic opportunities to bring a new and better products and services to their consumers and communities. As interest in UOTF expanded from its early stages, many utilities have successfully implemented new and creative programs addressing local wastewater technical and community challenges, as they explore their roles as Utilities of the Future. These are not in any particular order as the priorities may vary from utility to utility. For the CIOs, of these businesses, aligning their company’s business goals with IT goals, necessitates keeping the 4Ds in mind. Water Utility Sector Works in Partnership to Meet Cyber Security Challenges. S. As 2019 kicks into gear, the industry is already working to meet a long list of challenges head on. The major presentation categories can be summed up in three natural gas categories: economic environment, infrastructure challenges, and markets for production. The U. To meet these challenges, utilities need to become more strategic about asset investments. CIOs must put the I for Innovation in their role to drive Digital Transformation. Around The utility industry faces some of the biggest challenges since the days of Thomas Edison. Noted management consultant Peter Drucker once wrote that "an established company This is going to be the must-attend event for electric utility professionals, contracting, construction and consulting companies. Electric Sector Employers in Washington and Oregon. The 2019 report found many important domestic and global industry trends and expected challenges for the upcoming year. utility sector challenges Workforce challenges of . Technological innovations, cross-border mergers and compliance with national and international laws and regulations pose new challenges for utility companies, particularly in terms of IT infrastructure and high-volume data processing. The three challenges facing the electricity sector. The Times asked some of the participants of the 38th annual Oil & Money Conference to describe what the industry is facing. Tackling climate change: Electricity on the front lines Electricity currently accounts for 40% of carbon emissions produced by the energy sector, or 25% of global greenhouse gas emissions. The following energy and utilities challenges are all expected to have a significant impact on the industry over Each year, the American Water Works Association (AWWA) surveys water professionals to identify the industry’s biggest challenges and concerns, while also providing key data to help support the development of solutions. Site Requirements Vary for Utility Scale Solar Projects. The researcher has tried to provide some solution framework to overcome from the various issues and challenges in this sector. Utility companies face a difficult challenge as they balance the constraints of the downturn with the investment required to meet future energy demand, security of supply, and climate change concerns, according to a global survey released in May. The utilities sector is undergoing a radical and unprecedented change, driven by the decarbonization of the energy mix, the lowering of technology costs, and the acceleration of digitization along the value chain. In this Bloomberg BNA Insights, Stephen M. The utilities industry, and the water sector with it, has undergone unprecedented changes in recent years. One of the most pressing employee engagement challenges facing the utilities industry is safety. However, there are a number of notable changes for 2018. g. CEPSI 2018: Developments in utility sector pose new challenges Last update: 20/09/2018 KUALA LUMPUR, Sept 20 (Bernama) -- Embracing big data could help power supply industry players maximise profits while employing advanced utility technology could reduce costs, the Conference of the Electric Power Supply Industry 2018 (CEPSI 2018) heard yesterday. Martin Kushler, Ph. Save to myPOWER. And regardless of the time frame, the electric power industry will continue to be guided by its central mission—to provide customers with secure, reliable, resilient, affordable, and environmentally responsible electricity. This new market Few in the utility industry today disagree with the notion that technical advances in terms of sensing and analytics are yielding powerful new solutions for asset performance management (APM) and The fundamental Utility services include gas, water and electricity. Published August 2016; 6 Page(s) Key smart grid industry leaders such as Cisco and Intel are developing cutting edge solutions to meet the cybersecurity challenges facing utilities today. Renewables, distributed generation, and smart grids demand new capabilities From renewable energy to new rate designs, the electric utility business today faces many disruptive challenges. An introduction to the current issues and challenges facing managers and administrators in the investor and publicly owned utility industry, this engaging volume addresses management concerns in three sectors of the utility industry: electric power, natural gas, and water and wastewater systems. How we can help. Deloitte understands the challenges you face because we’ve spent years working in this industry. European Utilities India’s Power Sector : Five Key Challenges and Solutions Despite the encouraging growth trajectory in the energy space over the last few years, the Indian Power sector has still not been able to induce and sustain the required capacity addition matching the ever growing power demand of the country. Here is my list of the Top Ten (Plus One) Challenges for electric distribution utilities. Spina and J. In addition to idle pay-increase budgets and a shortage of These challenges are as significant as they are numerous and encompass the following issues that must be addressed if smart utilities are to become a reality and play their part in the realization of the dream of smart cities and smart living. White Paper Mon 03 Sep 2018 . Key Challenges Facing the Natural Gas Distribution Industry Pete Terranova Vice President - Operations UGI Utilities, Inc . Top-10 technology trends for the energy, utilities sector Headlines A new report from Gartner, Inc. This has the utilities worried, as the lengthy wait coincides with a time of industry contraction. Utility Industry Challenges Nowadays. The energy sector has seen exceptional turbulence in recent years. PDF | In the last decade the demand of power in India has increased manifold, therefore Government has announced the National Solar Mission of generating 100 GW of solar power up to 2022. The digital revolution is coming to the power industry. Director, Utilities Program . Young professionals help utility companies become future-proof The three challenges facing the electricity sector. Michael Hurley, energy and utilities advisory leader at PwC sees a future where the roles and footprints of power utility companies will shift substantially. Overcoming Challenges. 5 Key Challenges facing CIOs today. Many of these problems, however, can be viewed as new opportunities to grow and This means tremendous challenges for electric distribution utilities, but at the same time fantastic opportunities to bring a new and better products and services to their consumers and communities. The energy sector around the world is facing unprecedented challenges from rapidly changing market demands. Current and future challenges in the region’s power utilities sector PwC Central and Eastern Europe Power & Utilities Survey Two-thirds (67%) of central and eastern European survey participants say current market models are unsustainable and the need for change is becoming urgent. As utilities develop more interconnected systems that make the grid smarter, more efficient, and more versatile, The electric power industry is at a crossroads, and the chosen path will have significant economic and social ramifications for decades to come. Renewables heat up – global capacity will double over the next 10 years Every year we see a Utility Sector EE: Big Successes, Giant Challenges Ahead Steven Nadel American Council for an Energy-Efficient Economy September 2009 Report identifies availability of funds as potential hurdle for more investment . Digitalisation, cleaner and renewable energy and the changing role of customers are key drivers in the power industry globally. Lost water in the network leads to low revenues and a vicious circle, as the utility has insufficient funds to address problem issues and must still meet ever increasing demand. To transform from commodity power suppliers to innovative service . Utilities and other companies in the energy sector can use this type of artificial intelligence to essentially create a virtual operator, meaning it can assess and handle most situations that occur by sifting through the “noise” and alerting the human operator only to “actionable” issues. Like most utilities in our country, the drinking water and wastewater sectors rely heavily on automated For utility companies these external forces are driving utilities towards Digital Transformation. Three-quarters (76%) expect the market model in their The Electric and Gas Utilities Sector: improved overall ESG performance, though key challenges linked to climate change & energy transition, customer relations and access to energy remain to be fully met. Preventable safety violations can cause injuries, vehicular accidents, damage to facilities and infrastructure, and even death. A thoroughly updated introduction to the current issues and challenges facing managers and administrators in the investor and publicly owned utility industry, this engaging volume addresses management concerns in five sectors of the utility industry: electric power, natural gas, water, wastewater systems and public transit. Originally published in Coaching for Transformation. D. Quality utilities are a prerequisite for effective poverty eradication. What’s more, attractive financing conditions may accelerate investment decisions – even though, as mentioned above, financial flexibility remains limited at current rating levels. Understanding the challenges the utility industry faces can help organizations of all sizes prepare more effectively for the future. Governments are ultimately responsible for ensuring reliable universal access of service under accountable Report identifies availability of funds as potential hurdle for more investment . The energy grid is in a state of flux with the ever-increasing demand for more efficiency and sustainable models. Today, the power utility industry is seeing business challenges that are dynamic and regionally diverse. What's causing these challenges for the region’s energy sector and the electricity industry in particular? Demographic, technical, and environmental factors are all compounding in ways not seen before. According to the U. Trends like the rapid rise of self-generation and The utility industry is transitioning from primarily receiving technology from suppliers to designing and developing technology solutions. prominent hurdles that the power sector has already crossed, and more importantly others that have to overcome. In a sector that is b The Utility of the Future Today Recognition Program. electric power sector stands at a face sector challenges or accelerate transformation. As calls to decarbonise energy systems intensify, utilities are facing multiple challenges in ensuring their infrastructure and operations line up with the next generation business models and technologies needed to establish and manage modern grid networks. With this change comes several challenges that have the potential to disrupt the industry at large if firms don’t evolve. Robert Peltier, PE . The Challenges for the Energy Industry. identifies the top-10 technology trends affecting the global energy and utility markets in 2013, as the industry faces significant challenges from ongoing environmental sensitivity, changing policymaker attitudes and consumer expectations. E. Utilities around the world face unprecedented challenges from rapidly changing market demands. utility sector challenges. Utility, Advantages and Challenges of Digital Technologies in the Manufacturing Sector Ergonomics Int J Utility, Advantages and Challenges of Digital Technologies in the Manufacturing Sector Nadeau S* and Landau K Department of Mechanical Engineering, École de technologie supérieure, Canada At present, the Water Research Foundation, which is the primary industry‐related research organization in the US for drinking water research, lists 817 US utility members (out of more than 50,000 public water systems). Challenge 1: Market Reforms Michael Hurley, energy and utilities advisory leader at PwC sees a future where the roles and footprints of power utility companies will shift substantially. 3 Big Challenges Utility Sector EE: Big Successes, Giant Challenges Ahead Steven Nadel American Council for an Energy-Efficient Economy September 2009 Utility companies who want to maintain their competitive advantage need to evolve from raw material suppliers into innovative service providers. Renewables, smart homes, AI and IoT will have a massive impact on how energy and utility companies address the market in 2018, says Colin Beaney, Global Industry Director for Energy & Utilities at IFS. One of the key challenges utilities face as they work to keep pace with the industry’s transformation is protecting the security of their critical infrastructure. Digital transformation, falling renewable technologies costs, and new storage The Saudi electricity sector: pressing issues and challenges Said NACHET and Marie-Claire AOUN 30 March 2015 Centre Énergie Note de l’Ifri And where is it headed in 2016? According to three experts, there are many challenges but there are also several opportunities. Gainesville, Florida, February 5, 2009. Many of these problems, however, can be viewed as new opportunities to grow and A utility company is a combination of many businesses: It is a construction company, an engineering firm, a property manager, a lobbyist, a law firm, a billing service, a marketing and communications business, and an owner/operator of large infrastructure investments all wrapped into one. Technology is reshaping every segment of our economy, and never before have customers held so much sway. Look out for more in depth discussion and advice on the data security challenges facing the energy and utilities industry in future posts from this series. One of the major challenges in the power industry is that Nigerians are currently paying a rate that prevents private companies in the power and utilities sector from becoming profitable. Extension Energy Program Competition changes everything, and while the energy sector remains highly regulated, things are evolving rapidly and utilities face new challenges that cannot be left unmet. 2016 Power and Utilities Industry Outlook; Look again | Discover more Industry Outlooks In today’s rapidly evolving marketplace environment, key business issues are converging with impacts felt across multiple industry sectors. The global electricity sector is facing three major challenges: the security of supply to keep up with ever-mounting demand, the fight against climate change, and the global trend toward massive urbanization. Annual PURC Conference. Distributed energy resources have changed the power generation sector, disrupting traditional markets and distribution models. They can benefit from access to an experienced staff of professionals with diverse backgrounds in the electric utility industry. Meeting utility industry challenges through innovation. Each utility faces a unique situation based on the operated region. Water supply and sanitation in Zambia is characterized by achievements and challenges. They must adapt to technological advances such as intermittent renewable power generation, rooftop solar panels, behind the meter storage, as well as an increase in customer expectations. “Our report was a broad industry survey of the major investor-owned utilities, the municipal utilities as well as co-ops and public power organizations,” notes Burke. Developments such as blockchain and new participants working across industry boundaries have the potential to disrupt and change the energy sector in ways that can’t be wholly foreseen. – Industry Trends: Business models remain a challenge. 5. They must act as a full-fledged platform within the newly emerging energy ecosystem, as both their customers and partners expect them to come up with total solutions to meet their many complex challenges at lightning speed. Key challenges today include: These factors broadly align with the three major challenges facing operational excellence in utilities across the globe: new obligations, changes to the industry landscape and a growing, more demanding customer base. Utility industry news, voices and jobs for energy industry professionals. Peter Clarke discusses the challenges facing the energy industry, including environmental compliance, carbon regulation, cyber and physical security, as well as future challenges related to Volatile energy prices, uncertain sources of supply, aggressive investor involvement, and intense regulatory scrutiny are driving fundamental change within the utilities industry. Also, they are scalable and customizable to overcome the challenges of all kind of utilities; both big and small. Lack of women at the top is damaging the energy sector Female leaders warn industry is 'missing 50% of the talent' in struggle to solve UK's energy challenges utilities sector has been The recent Platts Appalachian Oil and Gas Conference offered tremendous insight into the key challenges facing the natural gas industry today. Future of Utilities - Utilities of the Future: How technological innovations in distributed generation will reshape the electric power sector relates the latest information on the electric power sector its rapid transformation, particularly on the distribution network and customer side. At present, the Water Research Foundation, which is the primary industry‐related research organization in the US for drinking water research, lists 817 US utility members (out of more than 50,000 public water systems). Electric Utilities Are Facing Unprecedented Challenges. This one is especially poignant for developers and owners. 1. Many organizations have lost government funding and private donations have contracted. Global concern for global warming and fuel supply continues to lead to uncertainty among utilities. Electric utilities face new risks and opportunities in a changed business model. PDF | On May 1, 1989, Edward L. By Alan Hardcastle, PhD Washington State University. We’re taking a closer look at the common problems and the challenges faced by Utility billing companies. This leads to fewer businesses and investors being interested in entering the power industry. by. To read the complete 2018 Power and Utilities Industry Outlook, click here. With large geographical service delivery challenges, an era of rapid change in grid and metering technology and the dynamic strain of coping with rapid mobility solution growth it is increasingly difficult to satisfy the constant mandate to deliver the lowest cost rates to users. American Council for an Energy-Efficient Economy Challenges in the industry State of the Electric Utility 2016, a survey of more than 500 utility executives by Utility Dive, notes that “Utilities have always had to worry about their workforce, infrastructure and regulatory models - but in the twenty first century, new technologies, market entrants and regulations have given these legacy Augmented and Virtual Reality Will Help Build the Utility Workforce of the Future 0 The utility industry is facing challenges including decades-old infrastructure and a rapidly retiring workforce . ON’s new marketing campaign aims to show consumers why it’s more than a utilities provider by focusing on the potential of new energy sources. Utility-Sector Energy Efficiency: Current Status, Key Challenges, and Potential Role in a Carbon Constrained World Presentation to the 36 th . The 10 greatest challenges the utility industry faces today the grid is facing a host of new challenges that are From as-needed consulting services to multi-year programs, utilities may need an array of specific project related engineering and technical services that optimize project scope, schedule and cost. An increasing number of utilities are taking an active role, for example, in incubating new technologies and startups through venture capital initiatives and participation in industry consortia. Unique Challenges in the Social Sector. Utilities Value Chain. Changes the energy and utility industry can make. This is a time of rapid change for the electric utility industry. Building a Thriving and Extended . Share Vulnerabilities Across Verticals: Overcoming Industry-Specific Security Challenges on Twitter Share CISOs in the energy and utilities sector need to validate all endpoints for secure The utility industry offers a fascinating microcosm of the challenges facing legacy companies today. This study reviews recent progress in least-cost planning throughout the US and identifies the need for additional work in relevant areas. Among the achievements are the creation of regional commercial utilities for urban areas to replace fragmented service provision by local governments; the establishment of a regulatory agency that has substantially improved the availability of information on service provision in urban areas; the . Like most utilities in our country, the drinking water and wastewater sectors rely heavily on automated During this summit, member firms Twynstra Gudde, Oresys, Horváth & Partners and Alfa Consulting worked with their clients to identify the future challenges the utility sector will face in the coming decades and ways to tackle them. 3 Big Challenges Utility Business Models to Address Energy-Environmental Challenges By Energy CIO Insights | Wednesday, April 10, 2019 Technological revolution and changes in economic conditions are expected to transform the utility industry . Utility, Advantages and Challenges of Digital Technologies in the Manufacturing Sector Ergonomics Int J Utility, Advantages and Challenges of Digital Technologies in the Manufacturing Sector Nadeau S* and Landau K Department of Mechanical Engineering, École de technologie supérieure, Canada What's causing these challenges for the region’s energy sector and the electricity industry in particular? Demographic, technical, and environmental factors are all compounding in ways not seen before. The majority of respondents were utility workers, comprising 54 percent — 27 In order to get more insight of the solar utility sector of India, fifteen large scale solar power developers were interviewed regarding the challenges they have faced in the Indian subcontinent, with specific focus on the constraints related to technology, financing, policies and regulations, infrastructure, and transparency and accountability. Regulators are instituting stricter policies with tighter deadlines, and some utilities are struggling to keep up. Utility companies are continuously facing change – whether internal or external. KPMG’s Global Power & Utilities Group provides services to numerous global power and utilities businesses, state-owned providers, national businesses, services companies and public sector bodies charged with regulating and advocacy within the sector. European integrated utilities Through an unparalleled gathering of Gartner analysts, industry experts, peers and solution providers, you’ll explore new ways to approach critical challenges, make decisions with confidence and achieve greater impact as a leader. Energy apprenticeships. Top 3 Energy Sector Challenges in 2016 Trends to watch in energy/utilities according to global corporate counsel Acritas’ data reveals how buyers of legal services within the global energy industry face unique challenges when managing the legal affairs of their businesses. Utility Sector EE: Big Successes, Giant Challenges Ahead Steven Nadel American Council for an Energy-Efficient Economy September 2009 The services offered by the utility industry (by companies that supply water, electricity, and gas) can have a huge impact on our daily lives, and like the previous example shows, customer experience has a central role to play. Department of Labor, there were 47 reported fatalities in the utilities sector in 2016. Advances in technology will meet the challenges posed by the grid of the future. 8 The Water Environment Research Foundation, which provides industry‐based research on wastewater and stormwater issues Historically in our survey, the Energy and Utilities industry group tends to have relatively consistent results. They improve the billing cycle time, reduce exceptions and improve accuracy. 10/15/2006 | Dr. 8 The Water Environment Research Foundation, which provides industry‐based research on wastewater and stormwater issues Solving Workforce Challenges for the Utility Industry With nearly half of the utility industry’s workforce approaching retirement, organizations within this sector must be able to address critical questions: Who will be leaving my company? Important challenges today for the water sector are the Millennium Development Goals (MDG) and governance considering political, economic and social processes. From regulatory complexities to cyber-security risks, the utility industry faces a host of challenges in the modern world. , changing economics for base load, competitive providers and aggregators entering the market, flat or declining load, to name a few. Trending to Distribution. Vine and others published Least-Cost Planning in the Utility Sector: Progress and Challenges An introduction to the current issues and challenges facing managers and administrators in the investor and publicly owned utility industry, this engaging volume addresses management concerns in three sectors of the utility industry: electric power, natural gas, and water and wastewater systems. By using the “Donated Land” for the community center there are many very costly improvements to roads and utilities needed to make the site usable that have a tremendous cost in the millions for everything required. This will continue as energy and utility companies come to grips with building smarter infrastructures and integrating powerful new technologies and analytics platforms. The industry faces serious technological challenges in each major part of the electricity value chain-from power production to power delivery and end-use. There are five very specific challenges in utility scale solar projects, making it difficult for the industry to progress. Insufficient Metering Utilities (water, electricity and gas) are essential services that play a vital role in economic and social development. Solving Workforce Challenges for the Utility Industry With nearly half of the utility industry’s workforce approaching retirement, organizations within this sector must be able to address critical questions: Who will be leaving my company? Industry Challenges The transformation of power utility companies is certain. 3. Regulatory Uncertainty. To meet these three challenges simultaneously, electricity should play a decisive role within the energy system. “A number of trends continued to play in the water industry throughout 2015,” said Seth Cutler, senior industry analyst, Energy and Environment, Frost & Sullivan. × The power and utilities sector is ever changing in a world where energy efficiency; resource conservation; and savvier commercial, industrial, and residential consumers drive fundamental changes in how you do business. ON is trying to shift consumers typically negative perceptions of the utility sector by showing it is more than purely a gas and electricity provider From renewable energy to new rate designs, the electric utility business today faces many disruptive challenges. Extension Energy Program Mobility Growth Adds to Utility Industry Challenges Six Unique Mobility Challenges. In a previous post, I talked about the six utility industry truths. Much like the ‘canary in the coal mine’ concept, awareness of these six industry truths can act as an early warning system and can be used to help us navigate the following eight utility industry challenges. Sponsored by Water for all? A study of water utilities’ preparedness to meet supply challenges to 2030 A report from the Economist Intelligence Unit Unique Challenges in the Social Sector. If you want to learn on the job while earning a salary, apprenticeships are available with many major employers in the energy and utilities sector. During the economic crisis of 2008, foundation endowments shrunk drastically and recovery has been slow. Colin Beaney, Global Industry Director for Energy and Utilities at IFS, looks at how energy companies can take advantage of the biggest trends shaping the market in 2017 and Recruitment challenges from less interest in the power and utilities sector among new graduates, Declining numbers and quality of middle management, Wide division between ages of workers and Utility companies are continuously facing change – whether internal or external. Disrupting Utilities Is it anyone’s game? A potential revolution for the utilities industry is being led by advancements in smart home technology, real time data becoming available and evolving customer expectations. Learn about the electric utility system infrastructure from power grid to meter, its operation, performance, and development. 2 This Presentation is Brought to You by utilities being proactive to regulatory changes and investment decisions. The value of Europe's top 20 utilities has halved in the past six years . Although this study was commissioned by DOE to help develop DOE funding priorities, the recommendations presented here go far beyond what DOE's budget can afford. Its sprawling base of heavy assets amplifies the forces of inertia, while agile-by-nature digital players nip at parts of the value chain once considered immune to competition. The technology drivers for grid modernization include improvements in renewable generation resources and storage as well as electrical transportation Changes the energy and utility industry can make. In this rapidly evolving industry, decision making is becoming more complex and crucial than ever, especially with respect to asset life cycles and capital planning