Utility Dive•about 1 month ago
[Podcast] How Utilities Are Planning for Demand
Key Takeaway
Utilities are actively preparing for significant demand growth, creating substantial opportunities for new generation, grid infrastructure, and innovative energy solutions for developers and IPPs.
AI Summary
- •Utilities are forecasting significant load growth, particularly from new industrial and data center developments, driving urgent needs for new generation capacity and grid upgrades.
- •Strategic planning emphasizes grid modernization, transmission expansion, and diversified resource portfolios to ensure reliability and integrate advanced technologies.
- •Evolving regulatory frameworks and capacity market designs are being adapted to incentivize flexible, dispatchable, and renewable resources to meet future demand.
- •The increased demand signals a robust market for new generation projects, including renewables, storage, and flexible thermal assets, creating significant PPA opportunities for developers and IPPs.
Topics
capacity-marketccgtdatacenterfercinterconnectpolicyppasolarstoragetransmissionwind