Three-quarters of utilities reported that they are investigating how to make behind-the-meter assets, such as distributed solar, part of their business model. That is because utilities see technology such as renewables combined with storage as key for operational demand response, and also because distributed generation is a growing threat to their near-term business. Source: Nearly 60 Percent of Utilities Are Reviewing Net-Metering Policies : Greentech Media
Head over to Utility dive now for some insights! It’s not often that journalists get the chance to hear the leaders of four major utilities talk about the hot-button issues in the electric sector, but that’s exactly what the EEI annual convention provided Wednesday. The panel of the EEI board, moderated Dominion CEO Tom Farrell, featured outgoing EEI chair and Southern California Edison CEO Ted Craver, Exelon CEO Chris Crane, Southern Company CEO Tom Fanning, and American Electric Power CEO Nick Atkins. They spoke on a variety of topics, from renewables subsidies to storage and the Clean Power Plan. Source: EEI 2015: 5 major utility CEOs on the transformation of the energy system | Utility Dive
The transactive business model explained by Baker Street Publishing: The TE business model provides a level playing field for all technologies. All ways to make or save energy can compete fairly regardless of their type, technology, size, location, and ownership. This possibility has been the dream of rate-makers and stakeholders. Source: The Transactive Energy Business Model is more fair.
.. But the changes in how energy is marketed and distributed has also thrown a wrench into the traditional utility business model, and has left utilities struggling to understand their revenues and where they fit into the new energy future.“So many of the assumptions that have traditionally underpinned the grid are changing so quickly that the rules of the game, from a revenue perspective, are being rewritten,” Lawrence said. Source: How utilities can thrive through the ‘all-encompassing evolution’ of the grid | Utility Dive