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Balancing speed and stability to reinvent utility operations for the energy transition. The COVID-19 pandemic has underscored our need for a reliable energy supply, which is something we typically take for granted. Today, utilities must respond to rapidly changing demand profiles caused by stay-at-home orders.
Darwin’s advice to the energy sector: get agile! What does Charles Darwin have to do with digital transformation in the energy sector? Darwin’s theory—that it isn’t the strongest of the species that survives, but the ones most responsive to change—can point the way for utilities to move faster toward a sustainable energy system.
Demand response is one of many resources that have been used to satisfy the increasing demand for electricity, but with net energy consumption remaining relatively static in recent years, what is the future role, if any, for demand response? To begin with, the growing use of low-carbon technologies could increase net energy use again.
The need to build on this research has been given impetus by the recent UK government’s Industrial Strategy WhitePaper 4) Department for Business, Energy & Industrial Strategy, 2017. ↑ Department for Business, Energy & Industrial Strategy, 2017. Unique Data. online] Oxford Internet Institute.
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