Value Creation in the Digital Energy Network Henry Bailey, Global VP, Utilities IBU, SAP
Henry Bailey, Global VP, Utilities IBU, SAP
The demand for electricity in the next decades, according to some estimates, will nearly double as the world population approaches 10 billion people, the middle class adopts new electronic devices in emerging economies, urbanization accelerates at an incredible pace and transportation goes electric.
Modern Civilizations need electricity, but do they need Utility companies? Deregulation, de-carbonization, and decentralization are destroying the century-old hierarchy of centralized power generation, transmission, distribution, and retail. A 2014 survey with top Utility CEOs identified the following top 3 decision Imperatives: