Part 5/6:
- Market Design: The transition away from a centralized, top-down energy system towards a decentralized, bottom-up "ecology of interconnected systems" requires new market designs and price signals.
Adapting to the New Reality
To navigate this changing landscape, energy buyers must:
Understand the rapid pace of technological change and the opportunities it presents.
Integrate energy transition efforts with procurement to maximize the benefits.
Embrace new technologies and data management tools to gain visibility and control over their energy profiles.
Rethink their risk management and accounting approaches to handle the increased complexity.
Engage with the evolving energy market design and advocate for changes that support their needs.