The power utilities industry is in the midst of a transformation, driven by the electrification of everything on the path to a net-zero world. With the rise of electric vehicles (EVs), heat pumps, and distributed energy resources (DERs), power utility companies are faced with a significant increase in electricity demand.
The acceleration of electrification across industries is creating an urgent need to modernize aging grid infrastructure and increase grid capacity fast. Over the next 10 years, grid operators need to increase grid capacity by an amount equivalent to what they built over the past 100 years.
The good news? The technology already exists to solve the world's energy challenge.
Read this guide to learn how technology can accelerate grid transformation, including deep dives into: