The Future of Electric Utilities
The existing utility business model is under threat globally. Major transformative trends in the U.S., Europe, Australia and elsewhere are affecting the relationship between utilities and customers, creating opportunities for a wide array of new, non-utility players. Some call this “disintermediation” or “edge power,” where services such as data analytics, distributed generation, storage, demand response, energy efficiency, and financing are provided by non-utility entities along the value chain from generation to customer end-use. How are utilities reacting and what future utility business models could emerge?
On February 4, the Energy Security Initiative (ESI) at Brookings hosted Brookings Trustee Jim Rogers and ESI Nonresident Senior Fellows Mike Chesser and Ron Binz to discuss the future of the electric utility industry, including regulatory challenges, implications for customers and impact on utility strategy.
Senior Fellow Charles Ebinger, director of ESI, provided introductory remarks and then moderated a discussion.
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