Reaching for the Cloud: Solutions for Regulatory Parity for Cloud Services for Utilities
Publish Date: February 22, 2022
Information technology (IT) and data solutions are a central focus of modern enterprise in every industry. Many industries have made the transition from traditional, on-premises IT solutions to cloud computing — and those industries have subsequently benefited from the scalability, flexibility, and efficient use of capacity cloud computing offers. However, regulations that have been in place for nearly a century have delayed the ability of utilities to transition from on-premises systems to cloud computing services.
This paper, from Advanced Energy United (previously Advanced Energy Economy) and the Edison Electric Institute (EEI), examines the regulatory reforms needed to modernize the IT systems that utilities depend on to provide safe, reliable, and efficient operations.
The goal is to unlock cost savings and greater benefits for customers while supporting utility efforts to meet higher expectations for reliability, resilience, and clean energy. Also included in the paper are four key recommendations that utility regulators may consider to help address current disincentives.
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