Where do utilities stand in the brave new energy world?

  • Pages: 5
  • Published: April 2018
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  • Report Code: GDAE0295VPT
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UK energy watchdog Ofgem has warned that as the power market becomes more decentralized, the traditional ‘supplier hub’ model of energy supply is breaking down. In the not too distant future customers could buy energy from various sources peer-to-peer, and generate some of it themselves. Where does this leave the Big Six energy suppliers?

For electrical utilities across the industrialized world, change is coming. As data-driven technologies continue to mature and enter the market, the traditional, centralized model of energy supply is starting to look increasingly out of date.

While the energy revolution is not a quick or unexpected change, the transition is underway, with smart meter rollouts prompting calls for greater transparency on customers’ data and paving the way for advanced distributed generation concepts, peer-to-peer energy trading and other innovations that may sidestep the standard utility model.

In the UK, where the Big Six energy suppliers – British Gas, EDF Energy, nPower, Scottish Power, SSE and E.ON UK – control a dominant but gradually declining share of the market, the message of change has been made clearly and somewhat confrontationally.

Scope

The report contains a detailed analysis of where utilities stand in the brave new energy world, and how electrical utilities across the industrialized world are witnessing the change. The report also provides information on angry energy consumers, competition in the energy sector, utility switching to the fore, and energy suppliers need to put customers first

Reasons to buy

The report contains a detailed analysis of where utilities stand in the brave new energy world, and how electrical utilities across the industrialized world are witnessing the change. The report also provides information on angry energy consumers, competition in the energy sector, utility switching to the fore, and energy suppliers need to put customers first

Companies mentioned

British Gas, EDF Energy, nPower, Scottish Power, SSE, E.ON UK

British Gas, EDF Energy, nPower, Scottish Power, SSE, E.ON UK

Table of Contents

1 Table of Contents 1

2 Where do utilities stand in the brave new energy world? 2

2.1 Angry energy customers 2

2.2 ...

1 Table of Contents 1

2 Where do utilities stand in the brave new energy world? 2

2.1 Angry energy customers 2

2.2 Embracing competition 2

2.3 Utility switching to the fore 3

2.4 Putting the customer first 3

3 Appendix 4

3.1 Contact Us 4

3.2 Disclaimer 4

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