Innovation in Action

Deck: 

The Energy Impact Partners Coalition

Fortnightly Magazine - November 11, 2018
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Utilities today face more opportunity — and a greater imperative — for innovation than ever before. The proliferation of new technologies, data and business models present a myriad of options for today's forward-thinking utility. In the face of these opportunities, the key for utilities is to take action and bring the future forward to the company and its employees today.

Over the past twelve months, we've seen an unprecedented flurry of utilities working with new technology partners to proactively drive toward the customer-centric, digital, and clean energy system of the future. The Energy Impact Partners coalition, comprising fourteen utilities and twenty portfolio companies' investments, is right in the thick of this trend. Below we highlight eleven of these collaborative efforts that show utilities treating innovation as an action, rather than a theoretical boardroom exercise.

1. A west coast utility is meeting its need for flexible capacity in an increasingly renewable grid by contracting with Advanced Microgrid Solutions on two hundred megawatt-hours of behind-the-meter energy storage.

2. National Grid plans to partner with Cimcon in upstate New York to test new revenue models for utility-enabled smart city services.

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