Typical challenges in the E&U segment
Typical challenges in the Energy and Utilities (E&U) segment include the following:
- An aging work force: The high labor force participation rates are in the 55 to 64 age group. Furthermore, we have an aging infrastructure (investor-owned utilities will need to make infrastructure investments in the competitive market).
- Environmental concerns: The climate scientists expect dangerous climate change sometime between 2025 and 2030, which will be followed by strict regulations.
- Energy technology consumerization: The utility customers are adopting new energy-focused technologies, such as rooftop solar, plug-in hybrid electric vehicles (PHEVs), and intelligent thermostats.
- Cyber Security Concerns: Smart meter data will raise many privacy and data protection issues that will also need to be addressed by utilities.
- Failures in smart grid implementation: Failure pertain to integration of Outage Management System (OMS), Distributed Management System (DMS),...