Utility digital transformation: The role of next-gen metering in the energy transformation
The smart grid era has ushered in new technology advancements, putting increased pressure on utilities to provide digital services outside of their traditional scope. With the advent of distributed energy resources, AMI 2.0, and energy data analytics, utilities around the world are embarking on major digital transformation programs to deploy advanced technologies into their operations and service offerings. In order to successfully execute on digital transformation in the smart grid era, utilities face the dual challenge of justifying major technology upgrades to regulators, while also adhering to ratepayer demands of increased energy data access and reduced costs. To succeed in this operating environment, utilities must integrate technology modernization initiatives across business capabilities to ensure effective digital transformation governance, technical interoperability, and shared value creation.
The smart grid era brings in new advanced capabilities for next-gen metering (AMI 2.0), positioning it as a critical component for broader grid modernization efforts. For many grid technologies, such as DERMS, OMS, CVR, load forecasting, and distributed automation and intelligence, digital transformation starts at the meter. With the increased sophistication of electric meters, utilities now possess advanced two-way data communication devices and find themselves with exponential data volumes to derive insights. As a result, the importance of implementing modernized foundational IT infrastructure has become paramount for utilities to manage data and deliver operational and customer benefits.
With advanced meters at the nexus of smart grid operations and data analytics, the next generation of AMI 2.0 transformation efforts will play a significant role in modernizing utility business capabilities. This session will focus on discussing how next-gen metering (AMI 2.0) will enable the overall energy transformation in coordination with other key industry trends such as DERs and the modification of customer information systems to name a few. We will focus in on how utilities can maximize value for both grid and customer operations with all the upcoming changes in the digital technology landscape (AMI 2.0, DERMS, etc.). The panel will consist of utility leaders across the business to bring varying perspectives on data, technology, and the customer to the discussion.
Session sponsored by Ernst & Young LLP