No Resiliency Strategy? You’re Taking a Big Risk, Report Warns Utilities

Utilities without resilience strategies are taking a risk that jeopardizes their companies and customers, says a new report from Accenture. The report, “From Reliability to Resilience: Confronting the Challenges of Extreme Weather,” finds that most electric utility grid executives agree that extreme weather due to climate change poses … [Read more...]

How Utilities Will Thrive — Eventually — with a DER-rich Grid

In the near term, utilities need to beware. The next two years bring strong risk that customers will go off-grid with rooftop solar and other distributed energy resources (DERs) while using the utility for occasional backup, says a new report. But by 2040 the prognosis changes. Electric vehicles (EV) and electric heating -- both … [Read more...]

Utilities See Future Profits in Microgrids: Survey

Utilities see microgrids and related technologies as future revenue opportunities to help counter dampened profits from their traditional services, according to a new study from Accenture. The finding came from a survey of 150 utility executives across more than 25 countries, part of Accenture’s Digitally Enabled Grid research program, now … [Read more...]