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State of Industry


Opening the Door to Grid Modernization

IESO stays ahead of Ontario’s rapidly changing marketplace BY PHILL FELTHAM, Editor-in-Chief Electricity Today Magazine Grid modernization is a buzz term used by regulators, utilities, and other participants within North America’s power sector. Modernizing the power grid is the proposed answer...

Trump Budget Proposal Slashes Clean Energy Funding

President Donald Trump's proposed 2026 federal budget outlines a significant reallocation of resources, with a notable emphasis on reducing expenditures in clean energy, environmental initiatives, and scientific research. The Department of Energy (DOE) is particularly affected, facing a proposed...

PG&E Shows Utility Stocks Aren’t Boring Anymore

It wasn’t so long ago that investors saw utilities as safe, boring, and modestly profitable. With dependable revenue from monthly electric bills and regular dividends, they were a favorite among penny-saving retirees and portfolio managers wanting to hedge against volatility in the broader...

Power Imperative: Managing Distributed Renewables

A diverse array of factors has driven the uptake of distributed generation among utility customers and these trends are likely to continue, requiring utilities to employ the latest strategies and technologies to accommodate distributed generation at the distribution level. The drivers are many, and...

Texas CEO Calls for Redesign of the Grid

As Texas continues to experience rapid population growth and surging electricity demand, there is increasing pressure on the state's electrical grid to meet the needs of its residents. According to Texas energy leader, Dan Woodfin, the state's grid needs a fundamental redesign to address the...

Biden’s Green Vision vs. Trump’s Traditional Energy Policies

In the ever-evolving landscape of U.S. climate policy, the 2024 presidential race highlights a significant divergence between candidates on the future of climate change and energy strategy. The contrasting visions of President Joe Biden's administration and former President Donald Trump underscore...

State of Industry

utility consumer

How utilities can keep the lights on

Utilities worldwide have been on a roller-coaster ride, and an often painful one, over the past decade. Despite the sharp growth in global demand for electricity, many utilities have lost value or posted below-average returns. A McKinsey analysis of 50 major publicly listed utilities from Asia, Europe, and North America showed average total cumulative returns to shareholders of about 1 percent from July 2007 to July 2017, compared with 55 percent for the MSCI World...

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