Full Title: 2016 State of the Electric Utility Survey
Author(s): Utility Dive
Publisher(s): Utility Dive
Publication Date: 01/2016
Full Text: ->DOWNLOAD DOCUMENT<-
For years, analysts warned that the declining price of alternative energy technologies — paired with clean energy policies driven by climate change — would upend the way electric utilities do business.
If there’s one overarching takeaway from Utility Dive’s third annual State of the Electric Utility industry survey, it’s that the transformation has arrived — but a standardized approach on how to adapt to it has not.
While the traditional model of centralized generation and one-way power flows down to the customer served the industry well for more than a century, the vast majority of electric utility executives surveyed by Utility Dive recognize their companies have to change the way they do business — both to maximize future revenue opportunities and comply with some of the most profound regulatory changes sweeping the industry in its history.