NCEC - that’s the acronym of the day, and it’s for the North Carolina Electric Cooperatives. That’s a mouthful, but they speak my language, and represent 26 co-ops across the state - basically the customer base that Duke Energy doesn’t serve directly.
You may not know that I have a long history in the smart grid space, including my own Smart Grid Summit event some years back, and a good run being quite involved with Zpryme’s Energy Thought Summit - which is still going strong in Austin. With a bit of searching on my blog, you’ll see all kinds of posts and videos about that, but for this post, I’m just talking about where I was last week.
That would be Myrtle Beach - first time there for me - where I was invited to speak at NCEC’s 2023 Technology Conference and Expo. Turns out this was their largest attendance to date, and as a speaker, it’s always great to have a full house. I did presentations for two sessions, and the rooms were full each time - with lots of audience engagement. That checks a lot of boxes for me.
I’ll just share some high-level takeaways here - mainly because it was a closed event - no media, and I was the only analyst there. I could go on at great length about the parallels between telecom and energy providers, and while both are utilities by nature, they’re at different stages of adopting all the new technologies that are in my orbit. Energy providers have lagged here, and what happened with telcos is happening here now.
This event was a great way to learn about the current state of energy, along with what’s on tap technology-wise. There is definitely a lot of new tech being adopted here, mostly for operations, and AI is very much in the mix. The exhibit hall had plenty of that on display, including vendors who would be familiar in the comms world, such as Fortinet, Cradlepoint, Cisco, Carousel, Calix and SAS.
Cybersecurity is a big deal here, as utilities are very attractive targets, both for network-based and physical plant attacks. Pretty scary stuff, actually, and comms technology has a big role to play in protecting all this.
AI is starting to carry the day here, and the use cases for smart grid are similar - and complementary - to what’s needed in adjacent spaces like smart home, smart factory, smart cities, smart vehicles. All things considered, this is actually a great time for energy providers to leverage these technologies to re-think the whole value chain. These co-ops definitely see the opportunity, and just need some support to help catch up and make a similar transition to what telcos have gone through.
In case you’re wondering - as I now put on my contact center/CX hat - yes, customer service is a big pain point here, just as it is in other sectors that have lagged with cloud and AI adoption. I see this being a huge part of the value chain that needs innovation, not just because the bar for CSAT is low, but also because supply-demand dynamics have changed so much. Energy customers - both residential and commercial - do have some choice now in providers, and with the rise of renewables, they can actually be both buyers and sellers of energy. Lots of opportunity here to uplevel the customer experience.
I got to play a small part in raising their knowledge base via my two sessions talking about AI. The content is for attendees only, so all I can say is that there’s a strong appetite for this, and my role was to provide an industry-based perspective on the trends and use cases. One session was focused on Generative AI, and I made it interactive, using an ask-me-anything format. I had three of these platforms running, and we input various questions and requests, both from me and the audience to see what responses would come back. It was a fun way to experience Generative AI first-hand, and if you want to do this with me at your next event, drop me a line!
That’s my quick take, and will close by sharing a few photos - mostly mine - from the event.
Below - Don Bowman from Wake Electric kicking things off. What you don’t know is that he’s the bandleader for their community, and his group played to close out the event - very much like the SIPtones, yeah. Didn’t work out for me to be part of their gig, but maybe next year. Next - full room for my presentation about the impact of AI on future of work and opportunities for utilities. Photo credit for me speaking - Katie Hochstedt from NCEC.
