Re-architecting the Grid: How New Thinking and Technology Must Shape a Viable Utility Ecosystem
Unprecedented global changes and new power demand trends are forcing utilities to completely re-architect operations and assets across an ageing, increasingly costly, grid. This whitepaper highlights the shift from traditional, linear power systems to a more complex, bidirectional grid that integrates renewable energy sources and microgeneration. Drawing insights from IFS and Accenture, it delves into the challenges of this transformation, such as volatile energy consumption and unpredictable demand spikes and underscores the necessity for strategic and technological innovation to build a sustainable, efficient utility ecosystem.
This whitepaper, informed by industry thought leaders at IFS and Accenture, explores the key drivers for change, examines the strategic and technology choices, and suggests some actionable insights for utilities to begin transformative change.
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