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investment. "Utilities must sort through the emerging <br /> technologies to analyze, prioritize, and act based on what "Utilities must sort through <br /> is important to the future of their company," said Todd the emerging technologies to <br /> Durocher, Advisory managing director, KPMG LLP (U.S.). analyze, prioritize, and act based <br /> "A one-, two-or five-year strategic plan allows a utility to <br /> pursue technological solutions that are relevant and be on what is important to the <br /> ll <br /> selective in the choice of vendors knocking at their door." future of their company, <br /> -Todd Durocher,Advisory managing <br /> Finding the Right Shoe and Right Fit director,KPMG LLP(U.S.). <br /> Given the myriad of technology development opportunities <br /> that are available a well-thought-out investment strategy is <br /> important. To determine the right strategy for your company, <br /> a number of key questions should be considered: <br /> riff How does the technology investment align with my <br /> core business model? Is the investment critical to <br /> enhancing core business performance? Or is the <br /> investment an extension to my core business? <br /> Extension investments should be carefully reviewed <br /> and scrutinized to ensure it is managed properly. <br /> IffHow does your geographic and climate footprint impact <br /> the investment in or adoption of a new technology? <br /> Obviously, it is an advantage to invest in solar projects <br /> in the sunnier parts of the country and microgrid <br /> technologies can be compelling in more congested <br /> areas of the continent prone to storms. <br /> rirWhat is the customer sentiment relating to new <br /> technologies? Do your customers place a high value <br /> on greener energy technologies even at higher prices? <br /> Do they move to adopt new technologies such as <br /> electric transportation, home management systems <br /> or distributed energy sources(i.e.,fuel cells)quickly? <br /> ErWhat is the regulatory agenda like for the adoption <br /> of new technologies?Are incentives or regulatory <br /> constructs in place for recovery of and return on <br /> these investments? <br /> KPMG Power to the People and Impact of Emerging Technologies 15 <br /> 113 <br />