Utilities of the Future: New business models
Day: 12th September, 2017
Time: 17:00 – 18:30
In the energy industry, the power sector has changed rapidly over the past decade. Wind power is now among the cheapest new power plant technologies and solar photovoltaics have achieved grid parity in many countries. The development of both technologies has been outstanding and has changed the way utilities operate in some countries, such as Germany.
Questions to be addressed by the session:
- What is your vision of the future power market and what do you see as the most promising pathways for transforming traditional utilities?
- Digital transformation as well as flexibility to address market and customer needs will be among the key success factors in future energy markets. What are the relative strengths and weaknesses of existing utilities vs. new market entrants such as Google, Amazon and various other Telco, ICT or equipment manufacturing companies?
- What do new business models mean for former natural monopolies? Or will they have to open up to competition? And given that future markets will likely be shaped by new partnerships and forms of collaboration, what is your take on regulated institutions joining forces with unregulated partners?
- What is the outlook for utilities? Can they apply some of the innovative business models mentioned, are there limitations to realise them? And if so, what needs to be done by whom (e.g. regulators) to enable utilities to change?
- Platform designs or DSOs have received a lot of attention recently. But compared with existing examples, such as Airbnb and Uber, the electricity system is comparatively capital-intensive, complex and heavily regulated. What would be sensible ways to move towards such platform models and what features do pilots have that are already underway?
The keynote speaker gives a 15 min overview of the thematic context of this session. In the remaining time, the panelist’s respond to the questions posed by the moderator as well as discussion points from the audience.
Keynote: Mrs. Georgina Grenon, 100 % Renewable Energy Solutions Director, ENGIE
Moderator: Mr. Martin Schope, BMWi
- Mrs. Gabriela Elizondo, Senior Energy Specialist, World Bank
Other Panelists TBC