Compounded with rapid market changes, utilities find themselves in a capability and capacity conundrum, where they lack the critical skills to manage the business of today while ensuring sustainable supply of electricity to customers, and having the skills required to chart roadmaps for the business of tomorrow.
The utility business of tomorrow requires integrative thinking to understand the evolution of power systems, changing regulatory environment, evolving customer needs, emergence of smart operating systems, the need for integrated renewable energy and the pressures of universal access to clean affordable energy.
The power sector is transforming at a rapid rate with new value chains emerging. Most critically, there is a growing demand for power utilities to position themselves as enablers of universal access to power on the continent through innovative business models.
