Much like their peers in the manufacturing sector, electrical utilities are under pressure to transform their business models and grid operations.
They must do so to stay competitive, of course, in addition to other factors including stricter environmental policies (especially related to energy transition achieving net-zero targets), more demanding regulatory compliance on reliability and operational efficiency, growing customer expectations for better services, electricity market deregulation and competition, and an aging infrastructure and high O&M costs (which should sound familiar to manufacturers struggling to bring brownfield assets into the digital era).
To meet these challenges and reap the benefits of smarter and more efficient operations, energy and power-grid infrastructure has major four segments to address—generation, transmission, distribution and consumer end/metering.
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