The power sector is laden with concerns like climate change and grid resilience to which companies need to invest in solutions to help monitor assets better while reducing the inclination towards fossil fuels, says GlobalData, a leading data and analytics company.

GlobalData’s innovation landscape report, ‘Utilities 2.0: how digitization and decentralization are unlocking new possibilities in power‘, presents a compendium of tech-enabled innovation use cases across the power sector value chain.

Emerging technologies like 3D printing, AI, blockchain, IoT, and roboticsare breaking paradigms in the sector with improved asset management, smart processes, and optimal power generation, transmission, and distribution as well as enriched customer experiences. They are enabling power companies to sustainably generate electricity while curbing expenses to make profits. 

3D Printed Parts: