Shifting imperatives in sustainability
Today’s CEOs are convinced that good performance on sustainability amounts to good business overall: the imperative to act has shifted from a moral to a business case. Of all industries, this feeling is strongest amongst utilities. The rise of smart grid technologies is creating an important role for utilities in aiding the transition towards sustainable growth. Sixty eight percent of utility CEOs surveyed as part of a recent Accenture-United Nations Global Compact survey believe that sustainability will be ‘very important’ to their success and are determined to rise to the challenges of managing competing strategic priorities and the complexities of integration to shape a landscape conducive to more sustainable business.
Accenture’s study with United Nations Global Compact A New Era of Sustainability provides a unique insight into the views of CEOs and global leaders on what it will take to reach a new era of sustainability. With 1,000 CEOs, business leaders, members of civil society and academic experts surveyed, this is the largest study of its kind ever conducted on the topic of sustainability. The study included a wide sampling of major utilities and energy companies around the world—25 leading executives from 18 countries—including companies such as Enel, Eskom, Iberdrola, National Grid and RWE.
Sharing this survey with you is part of Accenture's ongoing efforts to help organizations to get the most out of their smart grid investments. Drawing on our industry insight, as well as our process and technology know-how, Accenture helps utilities structure, deploy and run their smart grid initiatives according to their unique business conditions and regulatory environments. Whatever the approach adopted, to reach their full potential, smart grid projects need to consider a number of strategic, technology and service-related factors that we have identified as critical. These critical smart grid success factors encompass a broad range of considerations from pilots... to security... to network communications... to data management approaches encompassing innovative analytics and visualization.
Also see Edition 1 — Accenture & WEF report on smart grid pilots
Also see Edition 2 — Accenture report on critical infrastructure protection for the smart grid
Also see Edition 3 — Accenture’s ten leading practices for smart grid analytics
Also see Edition 4 — Accenture assesses meter data management capabilities and impacts
Also see Special Edition — Who's driving PEV adoption? Accenture explores the role of the consumer
Also see Edition 5 — Achieving High Performance through Leading Practices in Smart Grid Testing
Also see Edition 6 — Accenture insights on a more active operation of the system powered by automation
If you have any questions on the content of these reports or to discuss how to optimize your smart grid, contact Anthony Byrne.