As the year’s first quarter comes to a close, let’s review Deloitte’s 2019 outlook on the power and utilities industry. While the industry continues on the path to transformation, the traditional utility regulatory structure is taking time to catch up. But some more flexible regulatory initiatives are emerging that may bring new opportunities to utilities in 2019 and beyond.
Some of the outlook states that:
Power sector transformation continues as regulatory initiatives strive to keep pace
Power companies are listening, and many are beginning to respond to what customers are saying with innovations that give them more control over energy usage
Technology is expanding opportunities to improve operations
Pockets of business model experimentation are emerging
But will regulatory change come fast enough for utilities to meet evolving customer expectations? You can find out more by reading the full report here.