The Canary Media headline by Julian Spector reads, "Utilities are planning to shift to clean energy — just not too quickly." The secondary headline (verbatim), "CEO of industry think tank EPRI says U.S. utilities are poised to go big on solar, wind and batteries — but they aren’t ready to give up their gas and coal plants just yet." If not now, when? In the business world utilities are not known for agility or speed. The author interviewed several industry leaders and summarized a key conversation here, "Right or wrong, utilities play a central role in the nationwide shift to cleaner energy. Based on my conversation with Arshad Mansoor, CEO of the Electric Power Research Institute, here are three key ideas animating utility attitudes toward decarbonization right now."
1. This is the decade for major investment in wind, solar and batteries
2. The supply-chain crunch couldn't have come at a worse time
3. Utilities don’t want to get rid of all their coal and gas too soon
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Source: Canary Media article by Julian Spector, Jul 22, 2022. Shared by David Schutt at the Sustainable Energy and Environment Coalition (SEEC).
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