2020 is coming to an end and for many of you (myself included), you’re probably already looking at 2021 and hoping it won’t be as hectic.
Before we move forward, I thought I’d reflect on this past year in the Energy & Utilities sector and share my favorite blog posts, webinars and reports.
Read on and discover what you may have missed. If you’ve been with us from the start, revisit some of the posts that the Cosmo Tech team has already shared
5. Data Opportunities For Smarter Networks by Enea
The Enea report presents current and future data use cases for TSOs and DSOs. This report provides the means to maximize return on data by introducing promising perspectives for network investment decisions and in particular justification of investment differal enabled by demand response management.
“This new class of data will transform the way grid utilities assess the value of their investment, provided they consider their smart grid system as a whole”, says our Senior Product Manager Witold Krasny
4. Implications for Utilities and How to Navigate through Uncertainty by Bain & Company
94 % of Fortune 1000 companies have faced disruptions resulting from the coronavirus crisis. European utility companies have had to speed up the adoption of new technologies as the coronavirus crisis forced them to use software, not people, to steer critical infrastructure like plants and grids.
This webinar which took place on April 21st 2020 gives an overview of the situation at that point and an action plan that we feel is still relevant for 2021.
Source: Bain & Company
This article by Jérome Fournier, Corporate VP at Nexans, is one of the highlights of our year. He dives into digital twins and the value they bring to the electricity grids.
Gartner has been featuring digital twins as a significant technology trend for several years now and this article actually demonstrates how Asset Electrical, a Nexans’ solution powered by Cosmo Tech’s digital twin platform, helped grid operators get maximum return on their power network.
2.The new imperative for grid operators by McKinsey
The energy and utilities sector is challenged to maintain essential public services within the constraints of increasingly heavy regulations, a generational shift in human resource capacity, budgetary and tariff restrictions, and a wall of network investment.
This McKinsey article explores how advanced analytics and digital solutions such as simulation digital twins will be key enablers in the journey to become the utility of the future.
1. 2021 ‘Megatrends’ Report by Black & Veatch’s
Black & Veatch, a global leader in sustainable engineering, procurement, and construction, released its new report that explores the shared challenges facing critical infrastructure providers and their customers.
The 2021 Strategic Directions: Megatrends Report examines three megatrends that are setting the stage for utility transformation over the next decade:
Are there blog posts or reports that you think I should have read, or webinars that I should have watched? What would you like to see covered in the blog in 2021?
Drop the team an email, we’d love to hear from you!
