You are here: Home Press and Media Blogs and Opinion Electricity Policy: Risk-Aware Planning and a New Model for the Utility-Regulator Relationship
Document Actions
  • Print this Print this
  • Email this page

Electricity Policy: Risk-Aware Planning and a New Model for the Utility-Regulator Relationship

The analytical tools for utilities and regulators to take more explicit account of risk, in an increasingly uncertain world, are at hand. What remains is the need for a more effective way to gauge and reward effective utility performance.
by Ron Binz & Dan MullenElectricity Policy Posted on Jul 18, 2012

This article originally appeared on ElectricityPolicy.com. An excerpt appears below.

To read the full article in PDF format, click here.

The analytical tools for utilities and regulators to take more explicit account of risk, in an increasingly uncertain world, are at hand. What remains is the need for a more effective way to gauge and reward effective utility performance.

The US electric utility industry has entered what may be the most uncertain, complex and risky period in its history. Several forces are conspiring to make the next two decades especially challenging for electric utilities: large investment requirements, stricter environmental controls, decarbonization, changing energy economics, rapidly evolving technologies and reduced load growth. Navigant Consulting recently observed that “the changes underway in the 21st century electric power sector create a level and complexity of risks that is perhaps unprecedented in the industry’s history.”

Read the post at Electricity Policy

Meet the Expert

Jim Coburn

Jim Coburn directs Ceres’ efforts to improve mandatory climate and sustainability risk disclosure by corporations. Drawing from his legal background, Jim helps to develop rules and guidance on reporting that strengthen corporate risk management practices and improve investor decisions. He most recently played an integral role in leading the initiative that resulted in the SEC’s issuance of groundbreaking climate disclosure guidance for corporations in 2010.

Read More