We recently held our "How to Keep Your Piece of the Energy Pie" webinar, which addressed decision-making for key technologies and strategies that manage the integration of electric vehicles. Lux Analyst Jessica Hernandez, outlined how the rising trend of electrification and more specifically, electric mobility, poses opportunities for oil & gas companies, but threats to utility companies. The energy pie is growing, and there will be a fight for the different pieces.
So, how do utilities, oil & gas companies, and automakers all fit into this electric mobility pie share? According to Lux, the electric mobility piece of the pie attracts more players with new business models.
During the webinar, Jessica Hernandez discussed case studies outlining instances where electricity retail, automaker, and oil & gas companies adjusted their business models to compete with utilities and take up some of the energy pie.
There are also different methods and considerations when it comes to powering electric vehicles that were discussed in the June webinar. Conventional charging is not sustainable for the world's fleet of EVs, so we must adapt to smart charging. When it comes to the future, Vehicle-to-Grid and battery swapping will be increasingly important for managing power delivery.
Register today to watch the on-demand webinar for "How to Get and Keep Your Piece of the Energy Pie"!
KEY TAKEAWAYS FROM THE WEBINAR:
- Utilities should leverage their energy management expertise and current relationship with consumers.
- Oil & gas companies will become strong direct competitors for electric utilities.
- Automakers actively seek to make their EVs part of the energy system, making them attractive strategic partners for utilities.