As utilities evolve toward a new power model, the pace is, in some cases, out of step with sustainability and carbon commitments made by stakeholders.
Utilities are not the only ones taking action. Businesses, cities and communities are undergoing their own energy transitions, putting pressure on their energy providers to keep pace with more renewable options, support for DERs, and improved energy-efficiency and management capabilities. As organizations pivot from social license to social responsibility and value, are utilities moving fast enough? Cloud can be at the core of elevating utilities to play a larger role and accelerating energy transition and delivering on corporate sustainability priorities.
Cloud technologies are foundational to facilitating a more complex energy system that requires orchestrating DERs, balancing renewables, and offering deeper insight and control over energy usage. Beyond improving the current energy system, the cloud also has the potential to create platform energy economies and open innovation, bringing together data and services from multiple providers.