Utilities also face the challenge of rapidly expanding the grid while replacing aging power generation infrastructure From jefflagerquist
"Utilities are actually not doing a great job of forecasting the increase in building electrification, and the increase in vehicle electrification," Lourie said in an interview. "There is a massive disconnect right now."
"After a decade of investment, we're still not spending enough on clean electricity, which needs $200 billion in investment by 2035 to meet current green grid goals, and more thereafter to accommodate rapid growth in electricity demand," RBC economist Colin Guldimann said in new research released on Wednesday.Brady Yauch is markets and regulatory manager at the Ontario-based electricity price forecasting firm Power Advisory.
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