Challenges of a Bidirectional Grid and Shifting Trends
With the rise of smart meters, sensors, solar panels, electric vehicles (EVs) and battery storage, utilities are tasked with managing a complex bidirectional grid, including power and data.
In addition, several trends have upended the utility industry over the past decade, requiring IT and OT systems integration.
Trends impacting the utility industry include:
- Increased energy consumption and evolving customer expectations
- Introduction of distributed energy resources (DERs) to the electric delivery network
- Evolution of passive consumer to “prosumer” (energy producer + consumer)
- Adoption of more energy efficient products and services
- Aging utility workforce creates gaps but can also lead to new kinds of roles