Structured Approach to Horizon Scanning
LOOKING AHEAD
LOOKING ACROSS
LOOKING AROUND
Looking ahead involves collecting information that stretches beyond typical planning and decision-making timescales, such as how long-term climate change scenarios may impact electricity demand and grid resilience and reliability.
Looking across means including information and trends from outside but adjacent to the utility industry. For example, the electrification of nearly all aspects of transportation has implications for electricity demand and grid reliability.
Looking around is about expanding information to integrate into business model decisions beyond even adjacent industries, like transportation. This could include developments in artificial intelligence (AI) and machine learning (ML) to understand how they could both threaten and optimize electricity system operations.