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Proliferation of electric vehicles change the grid load and make it more difficult to manage.

Challenges handling bi-direction flow of electricity as solar panel owners try to push their energy back on to the grid.Home energy management platforms, energy IoT, and “energy internet” create data management complexities and also encourage reduces customer dependence on FPL.New distributed energy resources (solar, storage) that make the grid more difficult to optimize and reduce customer reliance on FPL (and thus reduce revenue).The primary disruptions are provided below: However, this business model is threatened by concurrent waves of technology-driven change in the energy industry. Utilities invest in these capital-intensive, large generating assets, and were historically guaranteed a healthy rate of return through electricity customer payments that were set by regulators. Historically FPL’s core business has been generating, distributing, and selling electricity with large assets. FPL, along with the entire utility industry, is at the brink of disruption as the energy industry transforms at an unprecedented pace, driven by technology, data, and the internet.įPL is a vertically integrated, regulated monopoly that generates and delivers electricity to its customers. Florida Power and Light (FPL) is the largest utility in Florida.