We all love a good strategy, but at some point, somebody must do something – or stop doing something – for change to occur.
There is no shortage of commentary on the energy transition unfolding around the world. Existing paradigms are being challenged on all sides by rapidly declining costs for distributed energy resources, the drive for decarbonisation and the democratisation of energy systems empowered by automatic intelligent control systems.
Utilities will increasingly be measured on resilience, flexibility and security of supply. As resources and control decentralise, the primary role of the utility shifts from an asset-centric focus on ensuring physical capacity between producers and consumers to providing a platform for a diverse set of centralised generators, distributed prosumers including a new class of mobile load with electric vehicles. That platform will be expected to be flexible enough to react to a much broader set of network and market conditions while maintaining security in the face of multiple decision-makers and intermittent generation.