Disruptions have reached a new high in the utilities space in the last decade with the evolving customer demands, digital pressures, shifting regulations, cybersecurity practices. Challenges have resulted to high-profile emergencies, consequently leading companies to reconsider decision-making strategies. Slowly and collectively, these impediments are transforming the way businesses operate in the utilities space. On the way to clean energy transition, natural gas is leading the power generation mix, followed by wind and solar alternatives.
On the technical front, with data being instantly accessible via various media, industry leaders are taking charge of their own methods to engage with their constituents. In an attempt to enhance transparency between both sides, solution and service providers are helping utilities to acquire valuable user information on power consumption and feasible tips on how they can reduce or control the consumption levels through the adoption of the right technology. However, it is not all about technology. Smart business enthusiasts are focusing on asking the right questions before the adoption of any solution to make sure they have an in-depth understanding of the technology and the way it solves a specific issue. This will make it easier for utilities to outline their objectives before embarking on a digital transformation.
While a transformation and experimentation with new technologies and business models is on the cards, power and utility companies are ramping up their decarbonization commitments and efforts, but are also contributing to the global clean energy transition. Our goal with this edition is to bring together a list of top 10 power generation solutions and service providers that have consistently proven their mettle in this field.
We present to you Energy CIO Insights’ “Top 10 Power Generation Solution Providers and Consulting/Service Companies - 2020.
