As the global energy sector undergoes transformational changes amid continued depressed oil prices and changes in energy consumer behavioural / utilisation patterns, energy providers across the entire value chain are reinventing themselves by tapping on renewable energy and alternative fuels to remain relevant.
Everywhere in the industrialised world, the electric power and utility sector finds itself pulled to economize and pushed to innovate — two goals that might seem to conflict, but that are actually in harmony. If you are in the power and utility sector, the challenge you face is to close the demand gap and provide value for customers profitably.