Sentences with phrase «utility load growth»

Since the 2008 recession, however, utility load growth has slowed or begun to decline in many parts of the U.S., squeezing utility finances and pushing them to identify new business model opportunities.

Not exact matches

Traditionally, when presented with a constraint on the system relating to reliability, load growth or the introduction of intermittent generation, a utility had one option: build new infrastructure, such as new substations, power plants or transmission lines.

Just as load growth expectations are shifting, utilities expressed a desire for regulatory models that rely less on power demand to deliver revenues.

While the vast majority of utilities still make money predominantly in the traditional way — rate basing capital investments and earning a return — stagnant load growth, DER proliferation and regulatory pressures are encouraging them to look at new revenue streams.

Some of this projected load growth through 2050 will be customer supplied, but in most cases, utilities will supply capacity to ensure reliability.