Public Power Transitioning Too

Deck: 

American Public Power Association

Fortnightly Magazine - January 2022
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The transition to a cleaner energy economy will necessitate changes in generation, the electrification of various sectors, and the continued development and deployment of new technologies. While there will be a role for many types of companies in this transition, electric utilities will be at the center of this changing landscape.

There is no one-size-fits-all playbook for utilities during this transition. In particular, public power utilities have shown how utilities can be nimble and take different approaches to this transition, depending on the unique resources and needs of their communities, as demonstrated in the recently published piece, Moving Public Power Forward: Community-Driven Solutions for Industry Transformation.

Often working outside of state mandates, public power utilities have adopted clean energy goals. Meeting these goals requires substantial investment in clean technologies — both established options and cutting-edge developments.

Compared to the benefits investor-owned utilities can derive from the current incarnation of the federal investment tax credit, most public power utilities face less favorable economics for direct investment in wind and solar.

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