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Cellular connectivity key to tackle surging electricity demand, says Ericsson report
Cellular connectivity key to tackle surging electricity demand, says Ericsson report
As energy costs and demand for electricity rise, the report explores a vision of the near future in which the utility sector harnesses cellular connectivity to mitigate the increasing complexities of meeting the needs of a rapidly evolving electric grid and consumer demand profiles – enabling utility providers to expand capacity, optimize utilization of infrastructure, increase grid reliability, and boost operational efficiency through a secure and reliable network.
With the demand for electricity growing according to IEA at an expected 2% compounded annual growth rate (CAGR) over the next two decades, the report notes that utility providers need to make investments in new technologies in order to meet these demands and best serve consumers.
·ericsson.com·
Cellular connectivity key to tackle surging electricity demand, says Ericsson report