Evolving Dynamics in the Electric Power Sector
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Evolving Dynamics in the Electric Power Sector
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The German Marshall Fund of the United States (GMF), in collaboration with the Energy Future Coalition and the Enel Group, will be holding a panel discussion on the future of electric power systems.
Electricity systems in the United States and Europe are facing unprecedented challenges. Flattening demand for electricity, rapid adoption of energy efficiency measures, and significant expansions of renewable energy generation are fundamentally altering traditional dynamics. Consumers are beginning to demand new relationships with their utilities, and technological advances are empowering smarter energy use. Simultaneously, utilities are set to become the largest consumers of information technology services.
On both sides of the Atlantic, these trends are already sparking considerable innovation. Europe is quickly becoming a hotbed for renewable energy support policies and collaborative regional approaches to new network investments. In the United States, there has been particular success in developing regional markets for reserve capacity and ancillary services in which demand-side management could also actively participate. While significant advancements are being made, further collaborative engagement amongst utilities, regulators, policymakers, investors, and consumers will be necessary for maintaining reliability, security, and affordability during this transition.
To RSVP for this event, please email Matus Muron at mmuron@gmfus.org.
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