Why utility leaders should embrace a “no regrets” approach to decarbonization
- Jul 22, 2021 5:12 pm GMT
As more states and cities across the U.S. pursue net-zero carbon emission targets, utilities are key partners in creating successful strategies through investment in customer energy efficiency and clean energy supply, as well as by enabling building and vehicle electrification. At the same time, this heightened focus on carbon emission reductions may seem like just another priority to be juggled by utilities and their regulators along with grid modernization, customer service, cybersecurity, and essential reliability investments.
But this perception of decarbonization as just another program on a utility’s checklist stems from an increasingly antiquated perspective. Instead, decarbonization is better viewed as a, or even the, defining characteristic of the industry’s operating and planning environment. Decarbonization then becomes a key framing element of long-term strategy, providing a marker for how each investment value is measured, instead of a competing priority.
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