ESG due diligence remains a priority for dealmakers. In fact, respondents to the latest Global KPMG due diligence study report a rise in ESG priority in transactions over the last 12 to 18 months, despite challenges.
Regulators expect utilities to be forward-thinking in the current dynamic market while also offering shareholders a return on investment. The quickest answer? Opening up a different stream of revenue by offering “resiliency as a service."
It falls to utilities to ensure their assets perform safely and reliably while meeting regulatory and environmental standards. How are utilities managing risk amid surging DER and the growing threat of major weather-related disruptions?
In choosing where to invest, what products to develop and push, and what environmental and labor standards to uphold, corporations continually shape the global economy’s geography and its effects.
With the influx of DER, utilities' grid and communications networks are becoming more integrated and complex, opening them up to vulnerabilities. As hackers grow more sophisticated, utilities are ramping up cybersecurity.
The lure of 5G digitalization is strong, promising new connectivity and cost savings. But implementing 5G at scale will require collaboration among carriers, utilities, communities, state and local regulators and technology integrators.
Reliable communications networks allow utilities to deliver uninterrupted #power to customers. No longer content to outsource their communications networks to public carriers, utilities are bringing networks in-house via fiber optics and wireless.
New Black & Veatch report finds that advanced distribution modernization sees utilities rapidly adopting digital technologies such as sensors, automated line switches and advanced remote monitoring to give themselves more control and faster response.
When it comes to planning, utility managers are working to break down silos and overcome barriers in an effort to operate more cross-functionally as they tackle the challenges of distributed energy resources and non-wires alternatives.
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