The power industry is evolving because it must meet a growing demand for electricity, as the world population continues to increase and developing countries industrialise. One of the key challenges is to satisfy this growing demand while reducing CO2 emissions in order to try and reach the targets established by the Paris Agreement on climate change.
Five major trends are part and parcel of this evolution and should help utility managers, engineers and manufacturers address the potentially contradictory requirements for cleaner energy on the one hand and augmenting energy consumption on the other.
– The renewal of legacy infrastructure
– The introduction of automation and smart grid technology
– Cyber security
– The use of distributed and renewable energy sources
– The increasing reliance on electrical energy storage
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