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Peter Key's picture
Freelance Writer, Editor, Consultant Self-employed

I've been a business journalist since 1985 when I received an MBA from Penn State. I covered energy, technology, and venture capital for The Philadelphia Business Journal from 1998 through 2013....

  • Member since 2015
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  • May 11, 2021
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If Enel gets into the power distribution business in the U.S., I'll be interested in seeing how it treats renewable generation, particularly rooftop solar.

Many investor-owned utilities that operate distribution grids here are promoting policies that limit rooftop solar development in their territories, ostensibly they say to make sure their customers without rooftop solar don't wind up paying more than their share of grid maintenance costs.

Enel may take another tack.

The story to which I linked says the company is planning to spend $19.52 billion on distribution networks in the next two years and that 65 percent of that will go to "reinforcing its grids and improving digital resilience to cope with increasing volumes of power generated from renewable sources."

The story also quotes Enel Global Infrastructure and Networks CEO Antonio Cammisecra as saying that, "for every dollar spent on renewables, you need to spend another dollar on grids."

It would be interesting to see where the company thinks that dollar ought to come from.

 

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