Future of generation

In Power and utilities

As self-generation becomes economically viable, how do utilities stay relevant?

Utilities are on a countdown to reinvention. The affordability and accessibility of home solar and battery storage systems will put the cost of off-grid energy on par with centralized electricity, making self-generation an option for everyone. Unlocking the value through optimizing connected distributed energy resources and avoiding some of the additional generation and infrastructure costs required can deliver significant financial, network and societal benefits.

We can help you embrace this future. Our insights can help you work effectively with the rise of “prosumers” — consumers who also produce energy — and the proliferation of localized energy generation. Discover how reinvention can be your key to unlock the opportunities of the future.

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How EY can help

EY UtilityWave

Leading a decarbonized, decentralized and digitized energy system requires new tools and a new mindset. EY has worked with Microsoft to build an industry-first platform that is transforming how companies manage, integrate and leverage data from IoT devices to improve performance.

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Innovation

Utilities need to innovate and transform their businesses to handle the unprecedented disruption across the sector. Emerging technologies will play a crucial role, and utilities must harness their capabilities to seize the opportunities presented by the new energy world.

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