Is the smart city hype cycle over? Have concerns about cost, security and public skepticism finally won out over the benefits of efficiency, sustainability and public safety? Maybe, maybe not. Read on to learn more.
The annual Black & Veatch Strategic Directions: Smart Cities & Utilities Report explores progress made across the smart city and smart utility landscape. This year’s report examines how modern, digital infrastructure is being used to optimize operations and create a sustainable future for our cities and utilities.
The insights uncovered in Black & Veatch’s 2018 Strategic Directions: Smart Cities & Utilities Report demonstrate a growing awareness among communities and utilities that modern, digital infrastructure such as data collection networks, infrastructure automation and advanced communication systems are the key components of today’s smart city initiatives.
Building a smart city is easy to envision, but it can be challenging to implement. From questions about financing and stakeholder engagement to technology advocacy and information technology (IT) governance, there is a lot to consider after you’ve made the decision to enable data to make your community more livable, sustainable and connected.
Last year marked a monumental turning point for the future of electric vehicles (EVs), with several auto companies such as Volkswagen AG, General Motors and Volvo announcing significant electrification plans. Utilities need to start thinking now about how they are going to scale up power infrastructure to meet increased demand.
Growing commitment to distributed energy resources (DER) is forcing continued modernization of the grid — and the effort shows no signs of letting up. Whether by regulatory mandate or stakeholder pressure, system upgrades are being made worldwide to support the increase in renewable energy, while making infrastructure smarter and more resilient.
Results from the 2017 Strategic Directions: Natural Gas Industry Report survey signal that in order to realize natural gas storage potential, industry organizations will first need to manage the array of associated federal and state regulations.
Throughout the value chain, natural gas industry players who were once awaiting a market recovery are now taking a different, but more holistic, view on planning for the future: a view that is focused on optimizing current assets, rightsizing workforces and incorporating cost-cutting measures.
Major questions persist about the ability of emerging markets to absorb the expected surge in natural gas supply, given challenges that include the lack of terminals, pipelines and other infrastructure.