Big Data & The Grid
Problem
Many utilities are in a financial death spiral of poor service, customer exit, and debt. At the same time, major energy investment decisions, such as locating transmission and distribution infrastructure, affect utility business models and grid services. Cloud computing, remote sensors, and satellite imagery could potentially help but are underexploited.
Relevance
Bankrupt, underperforming utilities cause widespread economic harm. The effects are worsened when energy sector decision-making is done in a data-poor environment or when a particular technology or solution is prioritized for political reasons. Conversely, modern data-collection and information technology can assist policymakers to more quickly and efficiently deliver flexible, responsive energy systems.
Our Approach
Using data and cross-country evidence, the Hub aims to better understand what drives utility reforms (or not) and to help decision makers understand the technological options to make infrastructure choices consistent with national economic goals.
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