The UK is undergoing major changes — Things you should look forward to

Key Takeaways

  • Disruption changes in utility sector owing of decarbonisation, digitization and de-centralization, becoming the new common, the other non-technological elements of the business ecosystem are also not untouched by the sweeping changes that disruption has introduced
  • Utility customers expect, energy suppliers to be multi-dimensional in terms of their products and services. And the demand of green products is increasing at a higher rate than ever before.
  • Utility sector is leading to a faster adoption of strategies to offer new products and services from markets like Electric vehicles, Connected Home, Energy Storage, Home Generation, Home Comfort, Smart energy etc.
  • In order to benefit from the new business trends, energy utilities needs to embrace and adapt to the new ways of doing business quickly, build integrated frameworks, adopt sustainable strategies and invest towards technology upgradation & efficiency improvement.

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Acuity Knowledge Partners

Acuity Knowledge Partners

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We write about financial industry trends, the impact of regulatory changes and opinions on industry inflection points. https://www.acuitykp.com/