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Five key challenges pushing utilities to seek new asset management solutions

Key challenges pushing utilities to seek new asset management solutions

Deloitte has released a new report highlighting challenges that are prompting many electric power providers to seek new tools and processes for asset management. The five key challenges include: Increasing severity of storms and disasters: The US alone saw twice as many billion-dollar disasters (14) from 2015 to 2019 as in the 40-year period from 1980 to 2019.