This week so far I read an insteresting article about smart cities:
Smart city applications such as electric vehicle (EV) charging infrastructure and services, smart street lighting, smart buildings, distributed energy resources (DER), and smart city communication networks all offer significant new business opportunities for utilities.
“With increasing energy efficiency and utilisation of DER cutting into their bottom line, utilities must position themselves as innovators and generate new revenue streams to remain profitable in the 21st century,” said Ryan Citron, senior research analyst with Navigant Research.
“Smart cities represent a significant opportunity for utilities to develop new business lines, extend their partner ecosystems, and establish new bonds with local communities.”
While utility interest and involvement in smart city deployments is increasing, several key barriers to greater market participation remain, the report states.