Capturing value from disruption

Technology and innovation in an era of energy transformation

The pace of technology-driven change is accelerating well beyond the speed the power sector believed possible. No aspect of the energy value chain - generation, networks, retail or behind the meter - is unaffected. From a scale-driven, centralised and standardised model, the sector is set to evolve to one that is digital, distributed and personalised.

Most of this change is being driven by new technologies such as high efficiency gas turbines, distributed generation, storage, electric vehicles, microgrids and networks and behind the meter digital and data services.  We estimate that these new technologies will create a new market of over $US0.5 trillion by 2020.

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What could the future look like?

We’ve taken a view on five possible future looking scenarios that could unfold as technology pushes forward:

  • Losing touch
  • Off grid
  • Mobile and virtual
  • Data rich
  • Scaled down

How to win in tomorrow’s market

As CEOs go about considering their future positioning in a technology-driven world, they will need to think differently about how to embrace innovation as a market enabler and to:

  • Capture value from disruptive technology
  • Leverage the technology to create competitive advantage
  • Build a sustainable innovation capability that supports new business models

“We consider energy efficiency to be a strategic enabler that can deliver competitive advantage to businesses by helping reduce costs, increasing and improving operational efficiency, delivering environmental outcomes and supporting the employment brand. Energy has moved well beyond a grudge purchase.”

Jon Stretch
Managing Director & CEO, ERM Power Ltd.

Contact us

Mark Coughlin

Energy Utilities & Mining Leader, PwC Australia

Tel: +61 3 8603 0009

Andy Welsh

Power & Utilities Deals Leader, PwC Australia

Tel: +61 3 8603 2704

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