Investment in digital technologies by energy companies grew by more than 20 percent between 2014 and 2016.
The market for intelligent transportation systems in the U.S. nearly doubled between 2012 and 2017 and is on pace to more than triple by 2022.
Strategy Analytics projects that autonomous vehicles will be a $2 trillion industry in the U.S. by 2050; McKinsey & Company projects that storing, organizing, and analyzing data from cars will be a $750 million market by 2030.
However, there are increasing tensions between digital innovations well positioned to deliver the benefits consumers want and policy that creates barriers to their adoption.
EC-MAP is challenging stakeholders to consider a different future—one where digital innovations enable consumers to express preferences that drive markets. This future is already emerging…
New Policy for an Era of Energy Digitalization
Adoption of these digital tools and platforms remains nascent; however, most do not require additional R&D. Rather, they require policy, regulation, market design, and tools that can enable stakeholders to understand and capture their value.
EC-MAP is engaging stakeholders in a dialogue focused on building the policy and regulatory architectures necessary to unlock these and other digital innovations. We know we don’t have all the answers. That’s why we plan to work with incumbent stakeholders, new stakeholders, policymakers—and you—to build a roadmap to get there.Read more in our Transportation White Paper