Over 600 electric utility executives were surveyed for the 2017 State of the Electric Utility report.
With the election of the new administration, many executives are left questioning policy and market share trends that shaped utility investments for well over a decade.
Below, we summarized the key takeaways from the report:
- Utility executives named regulatory and market uncertainty the most pressing challenge for their generation mixes
- With the ongoing uncertainty, the industry remains in consensus that utilities are moving to a cleaner and more distributed grid — and that state and federal officials have an important role to play in facilitating that transition
- The industry as a whole is confident in the growth of natural gas generation, wind energy and distributed energy resources over the next decade
- There are also expectations that coal power will dramatically decline
Take a detailed look at the survey results and future of the electric utility industry. We hope you find this report as insightful as we did.