Collaborating for a Smarter Grid
The world has seen significant political and economic change. The global financial crisis has put economic pressure on the energy and utilities industry with more difficult financing and reduced revenues.
However, from a broader perspective, the crisis pales into insignificance when we consider the other challenges facing the industry.
Even before the crisis, the industry was under tremendous pressure to transform. Climate change concerns, changing consumer preferences, disruptivete chnologies, aging assets—any one of these pose a threat to the status quo. But collectively they challenge us to transform our industry.
Our current system is not up to the task of what lies ahead. For economic and environmental reasons, the grid needs to be more efficient and...
Source: IBM 22 October 2014 Sponsored
High unemployment, languid economic growth and growing urbanization make transport’s role in driving growth more important than ever...
Source: IBM 21 October 2014 Sponsored
A century ago, the first great business model innovation in the electric power industry was set in motion with the move from...