Executive Summary:
The need for operational resilience and low carbon emissions is driving demand for new energy solutions at all levels. Across our “always-on"" world, in businesses that lack the proper backup power and transfer switch architecture, power outages could result in immediate production losses, high restart costs, and reduced operational efficiency. Businesses are also under pressure to trim energy consumption and decarbonize. In this New Energy Landscape, power system equipment manufacturers, utilities, and consumers must work together to devise solutions. This paper analyzes the trends driving businesses and consumers towards adopting new energy architectures and presents options for how engineers can best navigate the transition.
The need for operational resilience and low carbon emissions is driving demand for new energy solutions at all levels. Across our “always-on"" world, in businesses that lack the proper backup power and transfer switch architecture, power outages could result in immediate production losses, high restart costs, and reduced operational efficiency. Businesses are also under pressure to trim energy consumption and decarbonize. In this New Energy Landscape, power system equipment manufacturers, utilities, and consumers must work together to devise solutions. This paper analyzes the trends driving businesses and consumers towards adopting new energy architectures and presents options for how engineers can best navigate the transition.
