We focused on how they have responded to the 3Ds: decarbonisation, decentralisation and digitalisation. Decarbonisation has had the most impact - though they have responded at different speeds (2/4)
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Can established utilities survive and thrive as the energy transition accelerates? Our new paper on the UK's Big Six electricity companies explores their strategies since 2008 (1/4)https://www.sciencedirect.com/science/article/pii/S0301421520306388?dgcid=author …
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Decentralisation has had a much smaller effect. Most of the Big Six are still focused on large-scale generation, despite some decentralisation in the electricity system overall (3/4)
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Despite all the discussion of digitalisation and some experiments, impacts have been limited so far. Some new retail offers for households have not been implemented as quickly as planned (4/4)
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End of conversation
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Will read this with great interest!
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