Strategies for scenario planning in the utilities industry

It takes many years and billions of dollars to plan and build a new power plant and once operating, it is expected to work for 30-50 years. Power distribution lines costs hundreds of thousands of dollars per mile and take years in planning and approvals. With costs and timelines like that – and an essential public service at stake – Utilities are looking to every bit of relevant data they can access to plan for, operate and maximize their operations.

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