Most power utilities create more or less the same data types as their peers, but what differentiates them is how some are better at extracting value from their data. If data is a company’s most valuable asset, why…
Why Utilities Need the Right Data to Empower Action While data can be an invaluable tool for utility companies, what happens when there’s too much of a good thing? Many utilities have vast amounts of asset data. This…
An executive summary on a virtual roundtable with eight investor-owned utilities discussing the state of cloud adoption. Purpose UAI and IBM hosted a virtual roundtable with eight Investor-owned utilities including, AEP, Avista, Duke Energy, Oncor Electric Delivery, Xcel…
It has never been more urgent for utilities to understand their customers in vivid detail to unlock the full potential of programs and portfolios. Electric utilities have seen a large increase in low-to-moderate income (LMI) and small-and-medium-sized business…
A first look at Title VIII Grid Modernization from the 533-page Energy Act of 2020. The 533-page Energy Act of 2020 is chock full of provisions that cover almost every aspect of the energy transition, including R&D, development…
Asset analytics can help make the shift from run-to-failure to predictive and condition-based maintenance. This is the second part of a two-part series. Read part one here. Process and tool challenges The ability to collect and organize data…
Predictive analytics can help utilities realize value through improved reliability, decreased O&M costs, improved safety, and developing a coherent, systematic approach to asset base replenishment. Using analytics for asset management within utility operations is far from a new…
Investors will be looking more closely at utilities’ exposure to climate risk as an input to their investment decisions. Climate risk has shareholders, bond holders, insurance companies and ratings organizations worried. Note the recent statement by Larry Fink,…
Scrying, the act of staring into reflective surfaces like crystal balls to see the future, can be traced back to the Medieval Period in central Europe (between 500 – 1500 AD). Thanks to predictive analytics, it is being…
Modernization of the grid, digitization of the customer experience, and replacing back office infrastructure to support complex rate structures are just some of the factors influencing utility rate increases. Combine these with an economic slowdown in the US…
Paul McRoberts is President of Atonix Digital I’m not here to sell you on asset performance management (APM)—plenty of blog posts and thought pieces already exist for that purpose. I’m here to shed light on the challenges facing…
The use of AI in energy operations has picked up the pace in recent years and is now moving beyond back office automation It’s no secret that participating in energy markets and developing strategies requires processing massive amounts…