The key trends transforming the electricity market: opportunities and challenges

Abstract

Significant changes in energy prices and production increase. At the same time, the slowdown in economic growth in emerging market countries is occurring, along with geopolitical changes and instability, which effectively dragged energy demand and supply. In that case it is necessary to use such tools as confidently planning for transformative enhancements in productivity, reliability, safety, customer experience, compliance, and revenue management. The result dimensions of these exciting opportunities can be demonstrated in three developmental directions based on productivity and efficiency, the customer experience, and new frontiers.