Full Title: 21st Century Electricity System CEO Forum Summary: San Antonio, TX
Publisher(s): Advanced Energy Economy and MIT Industrial Performance Center
Publication Date: 6/2013
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In the second in a series of regional roundtables held by Advanced Energy Economy (AEE) and the MIT Industrial Performance Center (IPC), electricity industry executives and advanced energy technology providers convened at CPS Energy in San Antonio, Texas on June 18th, 2013 to discuss the path forward for accelerating innovation in the power sector. Underlying the discussion was an appreciation of the role of both evolutionary and disruptive change and the different challenges that each present to power sector participants. The meeting facilitated dialog among multiple stakeholders – regulators, utilities, system operators, retailers, advanced energy technology companies – about the development of new regulatory frameworks and business models to best meet innovation challenges and harness new opportunities. With its focus on regional innovation, the roundtable aimed to draw lessons from the Texas experience and potentially apply them to other regions.
Four key themes emerged from the discussion:
1. Develop innovative business and regulatory models that enable risk sharing between load- serving entities and providers of new technologies and services
2. Focus on innovation in retail services to meet differentiated customer needs
3. Enable the movement of low-cost capital to where it is most needed; and
4. Develop a shared strategic vision that enables load-serving entities, other market participants, and regulators to work towards solutions to well-defined challenges.