Start with a well-defined digital transformation roadmap: Modern energy utilities cannot achieve their energy transition goals without digital transformation. While there are a number of contributing external factors to the success of the energy transition, digital solutions and tools are here and now, ready to be leveraged. Always begin with deliberate board and c-suite led commitments on how to define and drive energy transition objectives to other connected outcomes to yield the most success.
The transition is a journey not a destination: The world’s move to greener energy sources is a transformational societal change. An energy shift of this magnitude has never been attempted before. It’s a moving target. Throughout the journey, energy needs will continue to evolve, government policies will shift, and new technology options will emerge. Given the complexity of transition efforts, leaders need to focus on the incremental, measurable steps to ensure each phase positively positions the business. Retaining flexibility across the roadmap, allows adaptation to learnings and experience, as well as changing consumer influences.
Explore global best practices: Sharing knowledge and creating connections between industry players, business, government and communities from different geographies can open up the conversation to new possibilities and ideas.
Make the first move: There is the chicken and the egg conundrum with the energy transition. There is a demand and need for renewable energy, yet quite often the infrastructure players might be waiting for producers or distributors to step-up. Making the first move provides the advantage in accessing investment funding sources, as well as gaining access to a finite resource and skills pool of talent in local markets.
For the first time since energy networks have been developed, we can clearly see how the role of digital will change and enhance the sector. Consumers, investors, regulators and communities are seeing improved connectivity, more distributed energy production models and technologies supporting hydrogen, solar and wind. Learn how GHD Digital can help you advance your energy transition strategy and goals.