Yes, I admit that I am a political junky, and I love spending time reading and writing about growth strategies and opportunities in current energy transformation, – yes, nerdy; I know- but in a time where Covid-19 has turned our daily lives upside down, I am also a runner.
On September 17, 2020, the Federal Energy Regulatory Commission (“FERC”), approved a historic final rule, Order 2222, enabling distributed energy resource (“DER”) aggregators to compete in all regional organized wholesale electric markets across the US.
As I push forward with an agenda of bringing green affordable energy to the masses, I sometimes forget that what we know within the industry isn’t always understood by customers.
I start from the premiss that urban Voters would be better off with energy costs, if those urban utilities were not municipally owned.
While I believe that the death of the urban regulated utility is in sight, I can also see a pathway to salvaging their value.
Every day I see articles or studies on how microgrid will take off, and while I agree that there will be numerous disparate energy systems operating across North America, I just don’t see any useful involvement by current regulated electric utilities.
I am not keeping or gaining any new utility friends, but regulated utilities are holding urban society back from achieving greater success in low-carbon economy.
Stretches of Canada have been going through a real estate development renaissance in new mixed-used communities.
I’m coming up on my business’ 20th anniversary in consulting, advisory and merchant banking. Some lessons continue to repeat themselves.
In my opinion, municipalities are the greatest underachievers of energy independence in the world.