Today, many people are looking to the year 2050 as the promise of the future. As the Global Electrification Forum celebrates its 5th anniversary, we hope to explore visions for what the energy system will look like in 2050. With this destination in mind, this year’s Global Electrification Forum will consider the various pathways the industry can take, predict points of inflection, and envision the crossroads the industry will face and the opportunities to be harnessed as we prepare for the convergence of transformations.
The world is facing several parallel transitions that will shape our energy future for decades to come, including decarbonization, electrification, and digitalization. Today, many people are looking to the year 2050 as the promise of the future. As the Global Electrification Forum celebrates its 5th anniversary, we hope to explore visions for what the energy system will look like in 2050.
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Oliver Wyman Session
Responding to Extreme Events: Resilience, Infrastructure, and Economics
Wednesday, April 21 | 7:40pm EDT
Electricity has become an integral part of everyday life, with electric companies expected to keep the lights on 24/7. However, extreme events such as hurricanes, wildfires, storms, earthquakes, and other natural disasters can cause significant damage to the energy grid. In the face of these events, the electric power industry has worked to restore power as quickly and safely as possible, through robust communications and emergency response plans. Electric companies have also invested in stronger and smarter infrastructure to strengthen the resiliency of the energy grid, leveraging new technologies such as smart meters, AI, and predictive analytics to better prepare for and respond to extreme events. During this session, speakers will share lessons learned from responding to natural disasters, as well as thoughts on how advanced technologies can make the energy grid of the future smarter, stronger, and more resilient to extreme events.
- Guy Chalkley, CEO, Endeavour Energy (Australia)
- Maria Pope, President and CEO, Portland General Electric (United States)
- K. V. S. Baba, Chairman and Managing Director, POSOCO (India)
- Alison Andrew, Chief Executive, Transpower (New Zealand)