Realizing a net zero vision takes much more than cutting emissions. To create a cleaner and greener future, energy, resources, and utility businesses will have to recraft their operating models and adopt an ecosystem approach. The foundation of these future enterprises will be a resilient digital core that provides certainty and continuity, while the business drives innovation across the value chain.
For energy, resources, and utilities companies to get the most from AI, they will require a multi-layered strategy that creates a foundation designed for accelerated productivity, innovation, and performance.
The utilities industry is at the forefront of the transition to a clean energy future. The TCS Global Cloud Study reveals that the widespread adoption of cloud has been a key enabler of innovation, and utilities have made good progress toward new business models.
Daniel Westerman
CEO, AEMO
The successful implementation of 5MS, WDR and customer switching has created better outcomes for market participants, consumers and a more efficient energy sector in Australia. As one of the most significant reforms since the NEM’s inception in 1998, 5MS provides better price signal for investment in fast (electricity generation and demand side) response and flexible technologies."