Tag: power utilities

What Happens When Utilities Start to Integrate the IRA into Planning?

What Happens When Utilities Start to Integrate the IRA into Planning?

February 2, 2023 |

The passage of the Inflation Reduction Act (IRA) was one of the climate highlights of 2022. As we enter 2023, our attention shifts toward implementation — and uncovering what’s possible when regulators and utilities leverage the full set of resources the IRA offers to accelerate an equitable energy transition. One of the places we expect to see changes emerge as a result of the IRA is in utility integrated resource plans (IRPs). IRPs are where utilities evaluate their long-term options for meeting energy needs, such as when to retire existing resources and what to build next.

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US Utility Executive Survey

US Utility Executive Survey

July 6, 2022 | ,

Leaders must steer their organizations through a minefield of changes and disruptions. How can they prioritize investments and initiatives as they look to deliver clean, just, and predictable energy in the years to come? The survey prepared by ICF answers pressing questions from nearly 200 utility executives—uncovering pain points and opportunities for utilities to get ahead.

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European Utilities Lead the Way in Digital Innovation

European Utilities Lead the Way in Digital Innovation

October 30, 2021 |

As power utilities face pressure from regulators and investors to decarbonize, digitalization has become a central element of their strategies. Utilities use digital technologies and workforce innovation to improve operating costs, find new revenue streams, enhance safety, and support net-zero goals. Popular technologies include digital twins of power plants, drones for grid inspections, and artificial intelligence for energy management.

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If tech powers the future, who powers the tech?

If tech powers the future, who powers the tech?

June 14, 2021 |

For the power and utilities (P&U) sector, the long-imagined future of energy is becoming the present: governments are aggressively planning to decarbonize, the prices of renewables and electric vehicles (EVs) are falling, and both customer and investor expectations are becoming more aligned with sustainability. EV adoption will soar, creating a vast replacement market, new fuel opportunities and a new ecosystem tapping into new value pools, but the market is highly competitive.

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