‘Heartware’ Challenge | Black & Veatch
Perspectives

‘Heartware’ Challenge

People, Organization Change Critical for Power Grid Modernization in Asia

‘Heartware’ Challenge

Microgrids, hybrid generation, energy storage and renewable energy integration are disruptive forces that need appropriate and optimized management structures and human resources.

The soft skills — the heartware as much as the hardwire — required to enable grid modernization in Asia is too easily underestimated by the industry, as well as by customers often advocating change and progress. Re-wiring conventional power companies to encourage unconventional strategic thinking and implementation is a significant undertaking, and if not addressed, risks many false starts and costly failures.

Future Focused

With economic growth forecasts remaining strong across Southeast Asia and governments signing up to long-term clean energy and emissions targets, power companies in the region will not be challenged with identifying opportunities for investment. Success in the selection, advancement and piloting of these opportunities will require commercial and risk management practices that are tuned to future scenarios.

Find out how power companies must iteratively go through the difficult task of quantifying and mapping where they want to take their portfolio, and gradually evolve to accommodate more unconventional opportunities to survive future disruptive forces.

Whitepaper

Smart Start: Opportunities for Modernizing the Power Business in Asia

The power sector, and especially that of developing Asia, is in the midst of challenging and exciting times. From our work throughout Asia, we have seen common threads in terms of opportunities for improving the power sector for both regulators and power companies. 

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Related 'Smart Start' Insights

Market Disruption: Opportunities for Southeast Asia Power Providers

Operations: A Major Barrier to Renewable Energy in Asia

Pilot Projects Could Mitigate Risks of Microgrid, Smart Grid Developments in Asia

Storage- and Demand-side Management: Pathways for Asia to Achieve Low-Cost Smart Grids

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