Utilities have long understood their responsibility to reliably and affordably deliver electricity. They, and their regulators, have taken their role in the national economy seriously, even when they are investor owned. The emergence of new, affordable technologies, particularly at the ‘edges’ of the grid and new entrepreneurs is both stretching the definition of a utility and creating a need to evolve and change for the traditional power providers.
Charge works in regulated electricity markets around the world to help traditional utilities grapple with the changing landscape and tap into the strengths they offer to clean energy deployment such as a low cost of capital, cost-effective RE integration strategies, and long-term planning. Charge also works with entrepreneurs offering energy services to scale-up the power they are providing, improve their reliability, and regularize their role in national energy infrastructure.
Electricity generation in the energy sector of the future will almost certainly be more decentralized than the 20th century approach but large utilities bring many strengths to the table and will play a crucial role going forward. Charge works with stakeholders throughout the electricity sector to ask:
- Is it affordable?
- Is it clean?
- Was it the most cost-effective way to deliver clean energy services sufficient enough to drive an economy?
- Is it equitably delivered?
- Are consumers protected?