How to Position Your Power Company for the Future
Faced with the challenge of making the right moves to accommodate a swiftly changing energy ecosystem, one question draws into sharp focus for generators and the entire power and utilities industry: What will their role become in the years ahead, considering evolving portfolio mixes and changing industry dynamics?
Leaders know there’s a very real possibility that if they don’t fortify that answer quickly, they’ll continue to lose ground to new entrants eager to step in and take their place. It doesn’t have to be that way. We believe that power and utilities can avoid this fate by shifting toward a new role—what we’re calling a Utility Platform Player.
Evolving Frontier for Generation
The days of highly centralized generation, with business decisions largely focused on pursuing economies of scale, continue to transform into a world that is becoming far more decentralized. This is happening as more and more customers invest in their own sources of generation—from rooftop or commercial-scale solar facilities to microturbines or other technologies that produce power on a non-centralized basis.…