In an article for Public Utilities Fortnightly, Navigant says accelerated urbanization and an Energy Cloud future mean opportunities for utilities and smart cities to drive innovation
Urbanization is accelerating, driving increased momentum for the development of smart cities. At the same time, an energy transformation is underway that’s ushering new technologies, business models, and value streams toward an Energy Cloud future. These changes, Navigant says, are creating opportunities for utilities, cities, and other stakeholders to come together to create new urban energy systems and solutions.
In an article for Public Utilities Fortnightly, Jan Vrins, leader of Navigant’s global Energy practice, along with Eric Woods, research director at Navigant, and Marcel Volkerts, associate director at Ecofys, a Navigant company, examine how utilities can work with cities to shape energy’s future.
“The emerging vision is of a smart city that integrates large- and small-scale energy initiatives and solutions, including major infrastructure investments, citywide improvements in energy efficiency, and DER. In the process, cities will become clusters of smart energy communities that can exploit the benefits of new energy systems,” according to the article. “To achieve this, cities and communities will need partners to develop and manage this complex network of energy innovations, services, and resources. These requirements offer immense opportunities to utilities as they help cities drive productivity improvement and economic development from energy, transportation, and technology innovation.”
In the article, Navigant shares five ways utilities can establish their own place in new urban ecosystems.