Utilities are at an inflection point. Climate and weather-related disasters have surged five-fold over the past 50 years, and utilities are actively experiencing the bottom-line impacts of these extreme events. In addition to protecting their assets and infrastructure, utilities are expected to play a strong role in building a sustainable future; they face new mandates from regulators and pressure from customers to drive forward the transition to clean energy. But they’re also feeling a push from those same stakeholders to make the electric grid more resilient and keep energy affordable and equitable—while accommodating the electrification of transportation and buildings. It’s a tall order that demands new ways of thinking, planning, prioritizing, and operating.
How leaders are tackling decarbonization, resilience, and equity PDF