Utility Industry Regulation and Digital Transformation
This IDC Perspective will provide an overview of utility industry regulations in three core areas: customer engagement products and programs, investment in cloud technologies, and investment in distributed and renewable energy resources. For electric utilities, the majority of regulations are set at the state level. This can make regulatory compliance for utilities in the United States confusing and complex, especially if your utility operates in serval states. "Regulations, whether state or federal, can have a major impact on a utility's decision to invest in certain technologies, which can either slow down or speed up a utility's digital transformation initiatives," states John Villali, research director, IDC Energy Insights.
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