Full Title: 21st Century Electricity Forum CEO Summary
Publisher(s): Advanced Energy Economy Institute, MIT’s Industrial Performance Center
Publication Date: 4/2014
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On November 5th, 2013, leaders from New York’s electric utility sector convened in New York City for the fourth 21st Century Electricity System CEO forum hosted by Advanced Energy Economy Institute (AEEI) and MIT’s Industrial Performance Center (IPC). Forum participants, representing utilities, regulators and advanced energy providers, discussed how to accelerate innovation in the electric power sector in New York.
Central to the conversation was the question of how the electric utility sector – specifically consisting of utilities, technology and service providers, and regulators – can adapt to technological changes and evolving customer preferences that are reshaping the power sector. The forum aimed to identify the barriers and opportunities for redesigning regulatory and utility revenue models in power distribution and retail markets to enable innovation and allow for flexibility and responsiveness to changing market conditions.