Strategy & Planning

“Most C&I leaders want help achieving efficiency or cleaner energy goals. The good news for utilities is they are among the top of the list of providers large energy consumers would trust for support. But in the data we also see other potential providers they might go to for help.”

“In developing resources, we’re doing a lot of stormwater capture that is cost effective; on the other hand, wastewater cleanup is not so cheap, but it’s cheaper than desalinization.”

“Many of those studies will show, if you look at the IEA or others, that the world will be continuing to use fossil energy in 2050. It’s how do you manage carbon and how you’re reducing emissions from other places. Regulators do have a lot of ability in this space.”

“When you look at the regulated side of the business, our revenue requirement will probably go from 20-ish billion to about $70 billion over the next 15 to 20 years. That means rates are going to go up about 10 to 15% a year. It’s mandatory we do this.”

Excerpts of remarks by British Columbia Utilities Commission Chair David Morton, Resilient CEO Lisa DeMarco, Toronto Hydro CEO Anthony Haines, Canada Energy Regulator Commissioner Trena Grimoldby, Yukon Utilities Board, Board Member Lesley McCullough, Prince Edward Island Regulatory & Appeals Commission Chair Scott MacKenzie, Canada Energy Regulator CEO Gitane De Silva, and Ontario Energy Board CEO Susanna Zagar.

“We need 30 GW of utility-scale storage and 10 GW of distributed storage to ensure system reliability and resiliency. Southern California Edison already has 5.5 GW of storage either installed or on the way because it’s been procured, including a 535-MW utility-owned lithium battery project available later this year.”

Excerpts of remarks by EPRI CEO Arshad Mansoor, Entergy CEO Drew Marsh, EEI SVP Energy Supply and Finance Richard McMahon, J-POWER EVP Yoshiki Onoi, and Hydrogenious LOHC Technologies CEO Daniel Teichmann.

“The other misconception is you can change the way you use energy in your life without worrying about the impact on the systems around you. How should an electricity system look when EVs are in the millions? The change is huge, and this is not fully understood by most regulators.”

“Five years ago, I was working at EEI, and retired in June 2017. I got a call to come to Puerto Rico. Puerto Rico had tremendous hurricanes, Irma, and Maria. I’ve never seen anything like that in my life. 95% of the cell towers were down, 90% of people didn’t have drinking water, and 3,000 people lost their lives. Homes were shattered.”

“My calendar’s controlling me now. Everything’s a first and you have to engage differently until you understand, what’s important, what’s not? How do you engage? It’s going to be that way for a while.”