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Once the U.S. economy’s single-largest carbon emitter, the electric power sector has embraced ambitious emissions reduction targets on the road to a clean energy future.
In a new article by Edison Electric Institute, Jeff Lewis, Chris Rogers, and Ted Walker, all partners in Guidehouse’s Energy, Sustainability & Infrastructure segment, explore the key innovations and strategies that utilities are embracing as they pave the way to net zero.
In 2023, electric companies invested an estimated $167.8 billion to make the grid stronger, cleaner, more dynamic, and more secure. Those investments are informed by factors, including projected regional load growth, extreme weather events, and age and condition of existing infrastructure.
As utilities and communities increasingly partner with each other to solve pressing challenges, this collaboration can help utilities better understand the needs of the communities they serve and make more effective investments. And as the pace of technology modernization continues to accelerate, it will be critical for stakeholders to continue to engage with one another to update their roadmap forward.
Jeff Lewis, Partner
Chris Rogers, Partner
Ted Walker, Partner
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