PRESIDENTIAL VICTORY MUST DELIVER SMART GRID AND NEW POWER UTILITY BUSINESS MODELS
“The Smart Grid is the single most important and foundational infrastructure investment to get right. Our global future depends on it.” – Andres Carvallo
This paper was written for power and energy executives, for regulators, and for federal energy administrators faced with rationalizing the rapid and numerous changes currently pressuring the traditional structure of the power utility industry.
New business models and cutting edge technologies such as distributed solar and CHP, demand response, microgrids, energy storage, electric vehicles, cyber-security, advanced wholesale markets, and new competitive retail energy markets are all impacting the traditional regulated utility industry. Generation, grid operations, and wholesale and retail energy sales are being transformed by innovation and competition, forcing utilities faster than ever to make critical choices about business models and technologies.
Yet, it is the regulatory gridlock, current business model, and lack of creativity that is preventing innovation to deliver on the needs on customers and the environment.
In this white paper, CMG experts try to analyze what both presidential candidates can offer and what challenges they face.
CMG Authors: Andres Carvallo, Carter Eltzroth, David Shpigler
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