Insights on Electric Power & Natural Gas

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How utilities can keep the lights on

– The past decade has been difficult for many utilities. Here is how they can prosper in the next.
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Commercial excellence: Powering success in today’s evolving energy retail utility markets

– Across the world, liberalization of energy markets has resulted in additional pressure on established electric-power and natural-gas... players to defend market shares. Our global knowledge initiative explains in a series of articles how to achieve commercial excellence in order to respond to this pressure. This article examines the critical 12 commercial capabilities that really matter and explains in a holistic approach how to build them.
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Harnessing the power of advanced analytics in transmission and distribution asset management

– Advanced analytics is helping T&D operators improve performance, reduce asset-management costs, and capture value. Here’s... how successful utilities approach the transition.
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Digital-experience design for the field workforce

– By focusing on valuable and meaningful workforce experiences, utilities can move from incremental improvements to transformative... ones.
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Why the future of commercial battery storage is bright

– Many commercial and industrial users can already save money.

Featured Perspective

What if the latest wind and solar auction results were the new reality of electricity prices?
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What if the latest wind and solar auction results were the new reality of electricity prices?

Power auctions have accelerated the energy transition and the rise of renewables. With ever lower auction results being reported, the question arises: what would the effect be on our power markets if the average cost trajectory followed the auction results? We used the Global Power Model to analyze the implication of such a scenario.

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MORE INSIGHTS

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Contracting for performance: Unlocking additional value

– The majority of contracts are lacking basic elements that could enable better vendor performance and cost savings. Here’s... how companies can tighten the rein.
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Why utility boards should care about IT architecture

– Many utilities struggle to match the customer and commercial expectations set by digital leaders. Investing in faster, more flexible... IT architecture can accelerate their digital modernization.
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The global electric-vehicle market is amped up and on the rise

– China remains firmly in the lead on our Electric Vehicle Index. But other pockets of growing public- and private-sector commitment... to these vehicles have emerged.
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Fueling utility innovation through analytics

– Utilities around the world are making big investments in advanced analytics. Getting the full value, however, requires rethinking... their strategy, culture, and organization.
Report

A framework for fostering effective energy transitions

– The new Energy Transition Index looks at 114 countries’ energy systems’ performance and transition readiness.
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Cloud adoption to accelerate IT modernization

– The cloud is a means, not an end. Success in modernizing IT through the cloud is driven by a complete standardization and automation... strategy.
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What every utility CEO should know about blockchain

– Blockchain technology can streamline transactions along the utility value chain. Here is a look at six emerging applications.
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What a teardown of the latest electric vehicles reveals about the future of mass-market EVs

– McKinsey and A2Mac1 analyzed design choices that can help pave the way to profitable mass-market EVs.
Article - McKinsey Quarterly

Resetting the cost base

– Technology is creating opportunities and threats for the supplies of traditional industries from utilities to pulp and paper to... construction.
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How battery storage can help charge the electric-vehicle market

– People are reluctant to buy electric vehicles because of concerns about charging. But public, fast-charging infrastructure is... not yet widely available or profitable. There is a way to resolve that conundrum.
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Sticker shock: Why utilities now must rethink customer affordability

– As electricity consumers demand more convenience and flexibility, utilities, regulators, and customers themselves will have to... decide which investments to makeā€”and who should pay for them.

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