Q2 2023 Financial Overview & Strategic Plan
MEGA-TRENDS
REVIEW
ā
"Grid 2.0" - Evolution of
the traditional electrical
utility model
Decarbonization, digitization, and
decentralization of the grid and
migration towards distributed energy
resources will create Clean Energy and
Grid Services opportunities
Impact of Climate Change
Expectation of more volatile and
severe weather driving increased
power outage activity
Natural Gas as an
important transition fuel
of the future
Natural gas will remain in demand as
a source of reliable power generation
for backup power and beyond standby
applications
Legacy infrastructure
needs major
investment cycle
Rebuilding and upgrading of aging
networks and systems including
transportation, water & power
Telecommunications
infrastructure shifting
to next generation
5G will enable new technologies
requiring significant improvement in
network uptime through backup
power solutions
Home as a Sanctuary
Trend of more people working,
shopping, entertaining, aging in
place, and in general, spending more
time at home, increasing sensitivity to
power outages
GENERAC
GENERAC
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