February 20, 2019
Where does change start if the future is already decided?
The world is delivering on renewables; robust engineering is fortifying infrastructure and the distribution grid functions well, despite economic and industrial growth and increased populations. But five years from now, it’s all going to change. We are on a rapid trajectory towards decarbonization, which will increase the burden on electricity demand. In the meantime, technology is advancing at full tilt, redefining what is possible with intelligent innovations that make energy cleaner, smarter and tradable. The energy model is becoming increasingly decentralized as consumers generate and store their own. The extent of the transition is huge. Serge Colle, EY’s Global Power & Utilities Advisory Leader and Paul Micallef, EY’s Global Digital Grid Leader, explain.