The public now expects stagflation, both increased inflation and increased unemployment. Will demand for electricity continue to surge when the economy weakens?

“Some utilities are already exploring structured cost-sharing models, such as milestone-based investment commitments and firm load agreements, to ensure that new infrastructure investments are made with clear demand signals.”

“From May 5-9, EEI International Programs will host the ninth annual Global Electrification Forum, where the world’s leading electric company executives and thought leaders will gather to further the conversation on sustainable energy transitions and universal access to electricity.”

“EPRI’s GET SET (Grid-Enhancing Technologies for a Smart Energy Transition) initiative explores four key technologies aimed at boosting the electric grid’s capacity: Dynamic Line Ratings, Advanced Conductors, Transmission Topology Optimization, and Advanced Power Flow Controllers.”

“The key lies in smart planning. Managed charging, demand response programs, and energy efficiency initiatives can help us meet this new demand without overwhelming our infrastructure. Through SEPA Academy and our Working Groups, we’re ensuring that stakeholders have the insights, tools, and resources to navigate this period of rapid expansion.”

“Utilities need to review current tariff structures and regulatory processes to ensure they are suitable and sufficiently dynamic to support needed investment and recovery.”

“In order to reduce the number of rate cases perceived as increasing customer discontent, many commissions have tried balancing the need for utilities to meet regulatory requirements with a more predictable rate pattern.”

“At an enterprise level, what every utility should do is create a risk profile for these facilities. Not every substation is built the same, and they all face different challenges.”

“Delivering the intended value on technology investment is critical to industry transformation. It will require a robust focus on retooling the workforce, as well as strategic clarity and a new mindset for utility executives.”