“We have an immediate opportunity and a responsibility to prepare our next generation workforce for a future that will require them to maintain and prepare the grid for major changes including new loads and new technologies. We also must educate our customers and regulatory agencies.”

“The system inertia that’s inherent in large spinning power plants also provides storage. We saw a niche to apply our technology as a fast-acting storage capability, to offset the retirement of those large spinning sources of inertia.”

“In the past, the goal was primarily to help these firms by providing them business. Over time, utilities and commissions are looking more at what these firms are doing for the community.”

“Enabling the adoption of HVDC technology for offshore transmission is critical for achieving a cost-effective and less environmentally impactful offshore grid. Most important is the increased coordination that’s needed to deliver on all the recommendations.”

“Each case study was informed by real world benefit cost analyses and data for similar use cases, but they have been generalized into illustrative and hypothetical examples for broader applicability.”

“I think we’re going to see a lot of portfolio shifts versus full company deals in the near term.”

“We don’t necessarily have the regulatory mechanisms in place that allow the regulators to be able to evaluate assets that are designed for those low-frequency but high-impact events.”

A conversation with Power 1 Energy’s Ed Jenks, Katie Widmar, Patrick Farah, Fred Bonewell, Robert Siegler, and Richard Thum.

“Since Arkansas has a vertically integrated market, there needs to be a regulatory proceeding with the PUC where the tariff is created. We want to make sure it’s going to meet the objective of the federal government in ensuring we are bringing in new carbon pollution-free electricity to meet that fifty percent 24/7 goal.”

“NARUC is in its 134th year, and we’re in a good place. We’re an established organization, and our members are at the forefront of the energy and utility regulatory transition that is going on today. We’re busier than ever.”