Finally there’s evidence that we’re embracing energy innovation
Advancements in distributed and clean energy technologies are redefining the provision of safe, reliable, and cost-effective service within the electric utility industry. New business models are emerging to challenge the utility-dominated archetype of the past century.
But the debate over how to manage the transition to a new normal is just beginning. It is going to take a combination of political will and smart policy to avoid stifling innovation and progress.
At the end of last month, President Obama announced an energy plan that included sweeping initiatives to manage carbon emissions, accelerate the deployment of renewable energy, and strengthen energy efficiency goals. That announcement came on the heels of a motion issued a few weeks earlier by California Public Utility Commissioner Carla J. Peterman that set energy storage procurement targets for the state’s investor owned electric utilities (IOUs).
While it is, unfortunately, likely that these proposals will be watered down over…
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