The idea of the ‘Smart’ utility has been around for almost a decade. What was first envisioned as a swift and radical revolution has however turned out to be a much more lengthy transformation of an industry that already faces a multitude of economic, political, technological and environmental challenges.
The energy sector is seemingly incapable of keeping up with the pace of technology innovation, especially as regulations and structural issues set limitations for which applications that may be implemented, as well as where and when. Despite these barriers, the long-term trend is however clear – smart utilities are becoming a reality explains Tobias Ryberg of Berg Insight.
