Prudency in Asset Investment decisions
It is a challenging time for utilities to make investment decisions, especially regarding physical assets and critical infrastructure. Adopting more effective strategies, processes and tools for asset management can make utilities more flexible and nimble, helping them face an increasingly dynamic and turbulent energy market.The pressure is mounting to become more strategic about asset investments. The utility business model faces an uncertain future, as revenues decline while costs and risks rise. Reliability and resilience are more challenging than ever, and sustainability is now a higher priority for many regulators and customers.