A New Paradigm of Thinking Whitepaper
- May 24, 2022 5:53 pm GMT
This item is part of the Innovation In the Electric Power Industry - May 2022 SPECIAL ISSUE, click here for more
Innovation is all the buzz. But ideas are cheap: it’s solutions that have value. Can a regulated, monopolistic electric utility compete against the myriad nimble, technology start-ups that plan to change the world? Does it need to? We need a “new paradigm of thinking” in our industry.
Electric service customers want safe, reliable and affordable electric service sourced from more cleaner and more renewable resources, but the business models that might continue to allow sustainable progress are changing. How regulated electric utilities prepare to provide a solid return to investors in as little as the next five years is a big question. It needs an answer.
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