Disruption on Wall Street
Financial executives contemplate the rise of distributed resources.
In a January 2013 report, EEI said fast-growing distributed energy could undermine the utility business model. Wall Street is paying attention.
Securitization
Solution in Search of a Problem
Securitization fails the test for financing environmental capex.
Utilities seeking financing for environmental upgrades should look to the markets for debt and equity, rather than trying to securitize those costs.