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"Utility of Utilities" in the changing Business Environment

SPF: What will be special at World Utility Summit 2018 ?
WUS-2018 which will be from 11th to 13th March, 2018 will provide a common platform to Utility personnel to discuss with their peers from other geographies, Solution providers, Consultants, Researchers and Regulators and re-define the “Utility of Utilities” in the changing business environment. The summit will focus on the following six themes :-

  • Empowering electricity, water and food security
  • Harmonizing the regulatory frame work for utilities
  • Racing with technologies
  • Impact of environmental regulation on Utility
  • Convergence of Utility business
  • Transportation electrification, storage and renewable energy integration nexus

The Organising Committee of World Utility Summit 2018 has lined up a constellation of very experienced speakers in the World Utility Summit 2018 - both from India and across the globe. The Standing committee & Advisory Committee have representatives from the Utilities who understand the issues being faced by them better than anyone

Mr Vikram Gandotra, Convener,
World Utility Summit at ELECRAMA 2018

else. This brings value in terms of the most relevanline up of speakers to raise the most important discussion points which need to be addressed. Some of the very famous speakers already confirmed to speak at the Summit include Mr Neil Chatterjee, Chairman FERC USA, Mr Kurt Bobst, CEO RE Power Switzerland, Ms Leena Shrivastava, Vice Chancellor TERI University amongst others.
For each of the six themes which will be extensively covered in the Summit we have excellent knowledge partners who will contribute very good base discussion papers providing direction to the deliberations.
We also have a Country Partner for the first time (Germany) who will bring to WUS 2018  the real domain experts who understand the impact of renewable energy in the utility business. This subject also has a strong relevance to India and other countries which are adding substantial renewable energy generation sources. A half day workshop specially for the Indian DISCOMs is planned on the 13th March to discuss the implications of renewable energy into Distribution networks.

SPF: Please share the challenges that utilities are facing these days?
The Utilities today face challenges from all sides. On one side are their customers who aspire excellent reliability of supply with minimal outages, economic supply prices and full engagement with respect to their consumption and availability of supply. Regulators  define the framework within which the Utility must operate their assets and systems and regulate the tariffs. Then there are huge financial losses that several DISCOMs are burdened with as a result of several factors , T&D losses being one of them. The network and equipment of most utilities are old and needs to be modernized, more visibility of the real time situation and ability to control  the network  is required. With the new dynamics of renewable energy pricing there is a difficult situation with respect to long term purchase agreements. The Utilities also face the challenge that their highest paying customers could also go out of their networks by either having their own generation (e.g. rooftop) or purchase through Open Market transactions.  On top of all these issues the most important challenge that Utilities face are workforce related - to have a motivated and trained team with the right skills needed to manage modern digital equipment and a stable strong management team.   

SPF: What is your view about evolution of the energy sector & how is the future energy world shaping ?
We are seeing more and more of Electrification in the Energy  Chain. As we all have committed towards lowering the Carbon emissions we will shift from fossils to cleaner energy sources.  We are seeing these new dimensions in the energy sector both in the source side ( with renewables playing an increasingly major role) and consumption side ( with new types of loads like EVs, more gains seen with energy efficient technology and Demand Response), added with new elements like Storage. This will lead to greater  innovation in new technology and also newer business models. The sector will be very exciting and dynamic.

SPF: What is your vision for the future of the energy system in India ?
India has one of the fastest growing energy markets and we will continue to grow  in the foreseeable future. Electricity will play a larger role in the future energy chain in India as we will move towards more self-reliance and lower carbonization. With the expected deregulation we will see more role for newer players like intermediaries for services. With the advent of renewables we will also see newer Ancilliary markets and players for providing stability to grid. To serve empowered consumers the utilities will  to revamp their networks with modern technologies and also leaner management structures. Domestic R&D , product development and manufacturing will play a very important role in the future.