Brattle's Retail Energy Practice is producing a series of briefs that provide an integrated view into potential utility responses to the challenges and trends associated with the “Utility of the Future” (UoF).
“The business model that has worked for utilities for decades is under great stress as consumers become prosumers, smart digital technologies deepen their penetration and add complexity to planning and managing the network, and pressures rise to decarbonize the generation of electricity,” noted Brattle Principal Bill Zarakas, leader of the firm’s Retail Energy Practice. “While the UoF can provide growth opportunities for utilities, it can also raise questions concerning how and when to modify, or completely change, long-standing regulatory practices.”
Brattle’s Retail Energy Practice Briefing Series analyzes the UoF from an integrated perspective by examining linkages among the financial, technological, strategic, and regulatory dimensions. The series addresses several issues, including:
- When and how the UoF could represent a threat to the traditional utility business model, and when and how it could represent opportunities.
- The issues that are likely to make a material difference to the future of utilities, and the issues that are likely to be hype.
- How regulatory and business initiatives can be coordinated to maximize the likelihood of a financially successful outcome for the utility and an economically beneficial outcome for customers.
Future briefs in the series will explore the viability of the traditional regulatory compact, evaluation of distributed energy resources (DERs), rate innovations coordinated with service design updates and other system modernizations, and long-term growth opportunities. For more information on the briefing series, please visit here.