Public concerns regarding climate change are prompting states, cities, and other entities across the US to enact new initiatives to reduce greenhouse gas emissions. The shift to clean energy is driving a faster pace of change for the historically stable utility sector.
As a result, utilities may need to adapt their business models, which could turn out to be very different from their historical role. Are regulators and utilities aligned on the utility role in this evolving market?
In this Insights, we explore some of the issues impacting utility strategies and provide some initial thoughts regarding a path forward.