The electric utility industry faces a growing set of challenges to its traditional business model, as costs are increasing faster than load, customers are demanding more choices and competitors are gaining traction with distributed energy. Meanwhile regulators are promoting distributed generation through subsidies and new requirements for integration into the grid. As a result, utilities must plan for changes in market design, increasing environmental regulatory complexity, energy efficiency mandates, new rate structures, deployment of new generation technologies, and competing with or supporting new market entrants.
Pace Global assists our utility clients in navigating the complex decisions across all aspects of their energy asset strategies, planning, and management. More than ever, utilities require an understanding of where the industry is headed and the risks and opportunities that will shape its future. Pace Global’s planning framework, market analyses and risk management programs are designed to help utilities adapt its strategies to meet these challenges.