State of the Electric Utility
The COVID-19 pandemic had a significant impact on the electric utility industry in the U.S. in 2020, as it did for the economy overall. But as the year went on, one thing became increasingly clear — the broad trends that have emerged in the sector in recent years persisted, and the forces propelling those trends are getting stronger.
After dips earlier in the year, U.S. wind, solar and storage saw significant capacity additions in 2020. At the same time, utilities and regulators are grappling with the best ways to handle the increasing amounts of distributed energy resources on the power system, from rooftop solar to residential storage, exploring new business and regulatory models to ensure desired outcomes.
The 2021 State of the Electric Utility Survey Report provides a pulse on industry trends from nearly 500 utility professionals, many at the VP level and above, along with insight from a broad range of industry experts.