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Digital transformation in the age of energy volatility

Digital transformation in the age of energy volatility

Thoughtworks
Published by: Research Desk Released: Apr 14, 2023

The utilities sector is dominated by themes such as energy security, equity of supply and the drive toward net zero.

Any business leader trying to manage these challenges in a balanced way would be forgiven for feeling overwhelmed; knowing where to start is a challenge in itself.

A good place to start might be to understand that utilities businesses need the best information and insights possible in order to make the right decisions at the right time. That change begins with data — collecting it, analyzing it and using it to move forward confidently.

A host of supply-side disruptions have been reflected in a level of pricing volatility that has defined the energy market in 2022 and 2023. It created a level of uncertainty in the sector that brought the question of how to plan for and manage energy into sharp focus.

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