Navigating Uncertainty

Deck: 

The Clean Energy Transition

Fortnightly Magazine - October 2024
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Every industry today sees impacts from more frequent extreme weather events, evolving markets and regulatory landscapes, and geopolitical tensions. As the energy sector continues to drive the clean energy transition, electric companies must often navigate uncertainty to make informed decisions that keep the lights on and propel us forward toward the future of energy.

Over the past few years, I sat down with various thought leaders to explore the concept of uncertainty as part of EEI International Programs' Influential Minds series. Through our conversations, these experts provided unique perspectives and learnings from their disciplines on how the energy industry can harness or overcome uncertainty to inform our decision making and reach our goals. In this month's column, I share some of their key insights on the nature of uncertainty.

The Nature of Uncertainty

I began exploring how uncertainty impacts the energy sector when I interviewed Lord Mervyn King during the 5th Annual Global Electrification Forum, which took place virtually in 2021. King is the former governor of the Bank of England and co-author of "Radical Uncertainty: Decision-Making Beyond the Numbers."

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