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Smart Grids and the Communications Revolution

Synopsis

The communications revolution is an important element of the broader ICT revolution, and it is unfolding before our very eyes. We are right in the middle of a transition from old communications structures (mainly one-way streets) to new intelligent structures that are fully-interactive and video-based.

This is not simply a technology-based development – it brings with it massive changes in the way we live, work and communicate. It impacts on healthcare and education, as well as on environmental services such as smart electricity grids. This necessitates collaboration between the various industries such as utilities, telcos, IT, vendors and consultants. As well as the benefits the transformation brings to the nation it also brings with it massive new business opportunities.

The energy industry will be one of the last on the planet to be affected by the ICT revolution. A total business transformation will be required over the next 5-10 years.

Table of Contents

  • 1. Synopsis
  • 2. The communications revolution
  • 3. Key role for utilities
  • 4. How to proceed
  • 5. What are the challenges?
    • 5.1 Vision and strategies
    • 5.2 The leadership role of the CEO
    • 5.3 Telco monopolies
    • 5.4 Slow-moving utilities
    • 5.5 Egos and politics might get in the way
  • 6. Conclusions
  • 7. Related reports
  • Exhibit 1 – Starting dates of the five technology cycles of the last 200 years
  • Exhibit 2 – Key elements of techno-economic revolutions

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Number of pages: 6

Status: Current

Last update: 08 September 2008
View update history

Author: Paul Budde

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