Decoupling the Utility Business Model - Episode 54
11/20/23 • 7 min
2 Listeners
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The utility business model is a bit unusual, given that power companies own a natural monopoly in the areas in which they operate. But just as the energy transition has upended a bunch of other industry models, it's doing something similar in the staid power industry.
Paul digs into the existing Cost of Service model most utilities employ today, as well as discussing the evolving role that decoupling and Performance Based Ratemaking play in aligning utility incentives with those of states and consumers.
Follow Paul on LinkedIn.
Let us know how we're doing - text us feedback or thoughts on episode content
The utility business model is a bit unusual, given that power companies own a natural monopoly in the areas in which they operate. But just as the energy transition has upended a bunch of other industry models, it's doing something similar in the staid power industry.
Paul digs into the existing Cost of Service model most utilities employ today, as well as discussing the evolving role that decoupling and Performance Based Ratemaking play in aligning utility incentives with those of states and consumers.
Follow Paul on LinkedIn.
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Local Governments and the IRA - Episode 53
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The Inflation Reduction Act unlocked $379 billion toward cleaner and more renewable climate technologies. But it also funnels nearly $50B toward State and Local governments to help them develop and implement their own climate resiliency plans. In this episode, Paul discusses the federal funding sources as well as the challenges and opportunities that these dollars present for governmental entities.
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The Role of AI in the Energy Transition - Episode 55
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Artificial Intelligence is having a moment. And while there are legitimate concerns as to how AI can influence our society and culture, this emerging technology is also having a profound impact on the pace and scale of the energy transition. In this episode, Paul dissects what AI can, and can not do, and illustrates a few examples of how this important technology is changing our power grid.
Paul references the following material in this podcast:
PWC Report on Impact of AI on Global Economy
Deep Blue
IBM Watson
Accenture and Frontier Economics Report on AI Productivity
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Eight Minute Climate Fix - Decoupling the Utility Business Model - Episode 54
Transcript
This is 8 minutes a podcast helping you understand the energy and climate challenge . In just a few minutes I'm your host , paul Schuster .
Speaker 1Electric utilities are an interesting industry . They effectively are a monopoly in their given markets and in many ways answer to regulators more so than they do to their electricity consumers . The
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