By 2030, the Utility Value Chain Will Have Transformed Significantly, According to Navigant Research

Utilities must transform their existing business models to compete
in an Energy Cloud future, white paper finds

BOULDER, Colo.–(BUSINESS WIRE)–#DER–A new white paper from Navigant
Research highlights the opportunities and challenges that the
utility industry will face during the transition to an intelligent and
distributed future.

Significant change is already underway in the energy industry, and in
just a little more than a decade, it is expected that current
distribution network operators will have transformed into distribution
service orchestrators, responsible for far more than just network
operations. Likewise, the current energy supply business will be fully
transformed into an energy service provider (ESP) model, and companies
will offer end-to-end energy services that have little in common with
today’s volume-based approach to revenue generation. Click
to tweet: According to a new white paper from @NavigantRSRCH,
by 2030, the utility value chain will have transformed significantly.

“This white paper assesses the impact on the utility industry of an
aggressive Energy Cloud scenario, where distributed energy resources
(DER) are near ubiquitous; DER owners can trade their self-generated
power on transactive energy markets; and utilities rely heavily on
machine learning and analytics-driven automation to manage the grid,”
says Stuart Ravens, principal research analyst with Navigant Research.
“To reach this future goal, utilities must significantly transform their
existing business models.”

Utilities cannot ignore the threats and opportunities that lie within
the Energy Cloud and must plan now for every possible eventuality,
according to the white paper. The disruption created by this scenario
will be deep and pervade the entire energy value chain.

The white paper, Defining
the Digital Future of Utilities, provides an overview of the
opportunities and challenges that the industry will face during the
transition to an intelligent and distributed future. It is part of
Navigant Research’s Digital
Utility Strategies Research Service, which features a variety of
reports focused on related topics. The white paper is available for free
download on the Navigant
Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report, Defining the Digital Future of Utilities, is a summary
and reflects Navigant Research’s current expectations based on market
data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report’s conclusions and the methodologies used to create the report.
Neither Navigant Research nor Navigant undertakes any obligation to
update any of the information contained in this press release or the
report.

Contacts

Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
[email protected]