The demands of a changing climate are starting to affect how many businesses operate, from attempting to tamp down their carbon emissions and ramp up energy efficiency, to adjusting to new risks caused by violent weather. Electric utility companies in the United States are no exception.
Here, we offer four quick takes on the changes in store for the power industry. In the first two, we size up the rising peril to utility assets and show how one US state is aspiring to meet new, tough clean-power mandates. Then we look at the potential of residential batteries and how they might buttress the industry’s stressed-out grids.
Finally, we tap the ideas of one expert who warns that climate change may be shifting the economics of long-term infrastructure investment. Power suppliers and many other businesses will need to be much more resilient in this changing environment.
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