With constantly declining prices and increasing efficiencies of solar panels and batteries, a large section of customers could generate, store and consume their own electricity. Today, the primary revenue for electric utilities is from the sale of energy to their customers, which is going to be seriously impacted in the near future. Since these changes are already on the horizon, it is important for utilities to consider new revenue streams for growth and sustainability. This White Paper by the India Smart Grid Forum suggests various opportunities for revenue generation for utilities from the digitalization of the power sector and the unlocking of existing infrastructure and services.
To download the full white paper, please click here