10 Trends Driving the US Power Sector
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10 Trends Driving the US Power Sector
Via Utility Dive:The U.S. power sector is undergoing a fundamental transformation, and has been for some time. But what are the biggest trends to watch in 2020? In speaking to a cross section of industry observers, the following 10 emerged.
- Renewables, storage, DER grow increasingly competitive with traditional supply options
- Cities, states and companies increase renewable commitments
- Coal's long-term decline continuesv
- Increasing questions about the future of natural gas
- State-wholesale market conflicts reach the courts
- Energy storage grows as a favorite resource
- Utilities contend with rising DER penetration
- Rise in new regulatory models
- Focus on grid mod and grid hardening
- Increasing electrification of buildings, vehicles and other end uses