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GRADING YOUR UTILITY'S SHOPPING HABITS


Evaluating three recent examples of all-source resource procurement by US utilities
By Grant Glazer
Over the next decade, vertically integrated electric utilities in the United States will spend up to $750 billion on new resources to meet emerging grid needs. A recent RMI report highlights the necessity of modernizing the way utilities procure these resources to ensure this money is spent wisely, in a way that meets grid needs while supporting rapid decarbonization of the power sector and other societal objectives.
In our report, we recommend that utilities base modern procurements on three key principlesnamely, that procurements should:
be all-source,
prioritize least-regrets outcomes. ....

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