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PA Consulting Group energy and utility experts Luis Ramos, Gregg Edeson and Sofía de la Garza were quoted in Mexican newswire Notimex regarding 2018 Mexican energy and utility trends.
The PA team noted that by 2018, the energy sector in Mexico will be more innovative, with a more technological, smart and customer-oriented future.
They add that state-owned companies have been separated vertically and horizontally and can now move towards key infrastructure upgrades and investment opportunities with private partners.
Additional insights highlighted in the article:
- We will see an increase in investments in cleaner energy generation, generated distribution and storage at the scale of public services.
- Mexico’s energy future will be strongly influenced by digital technologies such as blockchain, as well as data integration, virtual commerce, automation and business intelligence.
- Companies will work to improve customer access to self-service, specifically for payment services, energy quality problems in their residences and businesses.
- Customer preferences change rapidly, and industries are constantly challenged to reinvent themselves.
- Innovations and emerging technologies are an element of change for the energy sector. Public service companies in Mexico should focus on building the path towards the provision of more value-added services.
- Natural disasters in Mexico and the world have forced developers and suppliers to work to increase resilience to unpredictable natural events. The need for hardening the infrastructure is imperative. Utility companies need to adapt to specific local conditions to increase their resilience and mitigate the impact of natural events.