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In August, we published our list of the
top 10 utility regulation trends of 2020, so far. With a tumultuous 2020 largely in the rearview mirror, we now look back on the 10 trends that defined the utility regulatory arena this year. It is difficult to overstate the influence COVID has had on virtually every facet of the energy sector – and utilities were no exception. Nor is it possible to ignore the impact that extreme weather events have had on utility planning and operations. On top of that, the outcome of the presidential election promises to shape the federal energy regulatory landscape for years to come. Because of – or perhaps in spite of – these transformational shifts, advanced energy is well-positioned for continued growth in 2021.
INTRODUCTION
The New England region Governors recent Vision Statement regarding the future of
their regional electricity grid is well worth a read for energy
policy aficionados from all parts of the country. Indeed, it may be
particularly instructive for policymakers from states that are
outside of restructured, organized market regions. The
Governors statement, made through an organization called the
New England States Committee on Electricity ( NESCOE ),
offers a succinct primer on some of the major tensions and policy
misalignments between federal and state jurisdictions energy
policies. It is also useful as a lesson for the broader regulatory
community during a time of transition in the energy industry.