World Utility Summit

World Utility Summit is coming back in 2020 around theme Utility Next for electricity utilities. The electricity ecosystem is undergoing an unprecedented transformation with the proliferation of renewables, distributed generation resources and electric vehicles on one side and consumer activism and regulatory pressures on the other. Next-generation technologies like digitalization (IOT, machine learning, artificial intelligence) and energy storage are progressing at a rapid pace. These developments can help utilities to embrace the complexities of the network and be prepared to drive decisions based on probabilities and real-time data.The theme of the World Utility Summit, WUS 2020 is "Utility Next". There is an immediate need for utilities to evaluate how the provision and consumption of energy service would happen in future. The summit will bring thought leaders across the globe to deliberate the preparedness of utilities to deal with the transformational changes.IEEMA has organized world utility summit with a vision to create a global forum where the world utility leaders continually engage in dialogue and exchange information. World Utility SummitTM 2016 was with the theme Utility 2.0 and World Utility SummitTM 2018 with "Utilities of utility".World Utility Summit was conceptualised to provide a wider forum for utilities to deliberate together on changes that will come, probable ideas and solutions to deal with continuous changes.

World Utility Summit is coming back in 2020 with theme Utility Next for electricity utilities. The electricity ecosystem is undergoing an unprecedented transformation with the proliferation of renewables, distributed generation of resources and electric vehicles on one side and consumer activism and regulatory pressures on other. These developments can help utilities to embrace the complexities of the network and to prepare to drive decisions based on probabilities and real-time data.World Utility Summit was conceptualised to provide a wider forum for utilities to deliberate together on changes that will come, probable ideas and solutions to deal with continuous changes.

World Utility Summit is coming back in 2020 with theme Utility Next for electricity utilities. The electricity ecosystem is undergoing an unprecedented transformation with the proliferation of renewables, distributed generation of resources and electric vehicles on one side and consumer activism and regulatory pressures on other. These developments can help utilities to embrace the complexities of the network and to prepare to drive decisions based on probabilities and real-time data.Market EnablersChanging consumer demands and expectations, evolving business models and upcoming players are expected to transform the Utilities entirely.Revenue SecurityWith availability of the multiple options for consumers to meet their demand and increase of prosumers, revenue of the Utilities are under threat.Grid Transformation - Renewables and Electric VehiclesIncreasing penetration of existing technologies like renewables and upcoming technologies like electric vehicles requires changing the way grids are being operated.Enabling Technologies - Digitalization & Cyber SecurityDigitalization will generate substantial amount of data and connect all assets & operations allowing higher efficiency. While digitalizing the grids, cyber security need to be enhanced to reduce systemic risks.Policy & StandardsWith rapidly changing landscape of the Utilities, new approach need to be taken by the policymakers.

World Utility Summit is coming back in 2020 around theme Utility Next for electricity utilities.