In my previous blog in this series on how utilities can reinvent themselves for a new power model, I examined the importance of digital and innovation in delivering the radical transformation they need. In this second blog, I’ll drill down into the strategies and evolutionary path that I believe utilities will need to follow to succeed in the new environment.
I ended my first post by observing that utilities’ reinvention should focus on seeking out new revenue sources and taking advantage of the opportunities of the new power model – but that full implementation of the new model will take several decades.
