Digital technologies will have profound impact on power sector - study

The future power market will be dominated by decentralised energy generation and storage technologies, and new business ideas to control those installations and run them profitably will become increasingly important, says a study compiled by management consultancy pwc. “It’s not the installation or operation of [decentralised renewable power arrays] that will cause difficulties, but the logic of their integration.” The study also says that the electrification of transport will be one of the biggest challenges in the years to come. While large utilities already have many digital business models, those pose great challenges for smaller rivals that lack the necessary organisation and skills.

Find the study in German here.

Find plenty of background in the dossiers The digitalisation of the Energiewende and Utilities and the energy transition.