Why the Utility Industry's Conventional Strategy Could Backfire

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Utilities News

Power Generation,Grid,Electrification

By choosing the conventional route to meet demand the US electric utility industry has increased its risk profile.

The investor-owned electric utilities represented by the Edison Electric Institute have announced record-breaking capital spending plans. Finally a recognition of the nation's growing electricity needs and the industry's slow recognition of them Sorry, not really, unfortunately. The EEI said its members would spend $186 billion in 2024 and a bit more in 2025.

Related Saudi Arabia Resists Renewing Fossil Fuel Phase-Out Pledge at COP29 APPROXIMATE PRICE INFLATION INDICES DEFLATION Note Solar and wind decline at the same rate. The electric industry has been waiting for the return of Donald Trump with considerable anticipation. It made this plain by selecting a Trump appointee to the job of running the industry trade organization.

 

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