Q: What is the single biggest megatrend you see reshaping the power industry over the next five years? Twenty years?
A: The industry will modernize the legacy grid to maintain outstanding reliability and enhance resiliency, in preparation for a strong competitive effort to electrify transportation and heating of space and water.
In the longer term, artificial intelligence and human machine learning will convert vast amounts of system data into usable information that supports action, leading to operational excellence, better returns on investment and sustainable options for customers.
Megatrends on Mike’s Mind
Even as power delivery undergoes radical evolution, its changes are rooted in the industry’s core values — and follow a few immutable megatrends. Mike Beehler, a vice president at Burns & McDonnell, keeps a keen eye on those developments.