As utilities face increasing pressure to keep up with the transition to clean energy, new efficiency targets, and regulatory policy changes, digital solutions such as grid optimization and flexibility and support for distributed energy resources promise to bring increased value to stakeholders. But will they help transform utilities to the business models they need to cope with, especially when the industry is slow to adopt change even in the face of major transitions? This talk will test the hypothesis that digital technologies can in fact kick start utility re-invention through examples that highlight the benefits of digital maturity for next-generation companies. Along the way, we will examine some of the quick wins and business benefits of each phase of digital transformation.
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