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What are the differences between the US and the European utility landscape and why is it interesting to share and discuss them?
"The US utility landscape has begun to feel the transformational effects of increasing DERs. Solar coupled with the growth of energy storage and continued deployment of wind are only beginning to change the national power landscape. However, in pockets such as in Hawaii, California, Texas and the Midwest these resources are disrupting practices at all levels of the power grid. Wholesale markets are restructuring to prepare to incorporate DERs and adjust to utility-scale renewables in daily operations, while distribution utilities are working to develop visibility and integration practices to manage DER throughout their lifecycle.
The European utility market is facing massive changes as additional renewable and intertie capacity within and between national electricity markets. As returns at the wholesale level become increasingly uncertain, utilities have refocused investment and resources toward energy services for end-customers. In both geographies, utilities face changing wholesale markets. In the US, investment in the distribution grid is accompanying the increase in DERs. In both Europe and the US, utilities are working to develop new offerings to address customer needs with new technologies and business models."
Ben Kellinson, Director, Grid Research, GTM Research
"Meeting the complex energy trilemma goals of energy security, sustainability and equity requires a collective effort. No single country can do it on its own. Having been involved in the energy communities both in the US and Europe, young professionals are very curious about the developments in the other region. Why? There are many overlaps in the work that each one does that can be combined as well as complementary strengths that each can learn about the other. Building a global community will grow a network that will allow us to get things done more quickly and effectively 5, 10, 20+ years down the road. So let's do it!"
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The US is a major producer and supplier of energy as well as being the world’s largest energy consumer. Total investment in the US energy sector was at $280 billion in 2015 (source: Select USA), and rising especially with US energy companies developing their infrastructure networks supported by emerging innovative technologies developed for the smart grid.
This year, with the US being partner country at European Utility Week, the Summit programme will approach different angles of US innovations being developed to produce, harvest and store energy sources, combined with a huge focus on clean energy sources.
The free-to-attend Hub Sessions will also offer practical insights into the differences between US and European utilities in planning, installing and using new technologies and solutions that are very relevant for utilities on both sides of the pond. Furthermore, the US diversity in regulatory, customer and workforce management drivers has created a living ‘test’ lab for technology evolution and business model transformation which is happening faster and faster. All areas of focus in this year’s US related Hub Session programme.
US Programme Elements
The programme is developed for knowledge sharing between EU and US utilities in their efforts to develop their business models in the current Energy Transition. It will showcase a variety of key topics including*:
- Summit: City to City collaboration and best practices. Security in the City, an American Perspective
- Summit: Regulation and Innovation: Energy in the USA, Market Design with Innovative Regulation
- Summit & Hub Sessions: The sessions will showcase the latest news and developments prompted by state mandates obliging electric utilities to invest in the use of renewable energy sources in the US
- Hub Sessions: Dedicated focus on practical solutions being faced by US utilities. The differences between US and European utilities in planning, installing and using new technologies have created unique solutions that are very relevant for utilities on both sides of the pond. Furthermore, the US diversity in regulatory, customer and workforce management drivers has created a living ‘test’ lab for technology evolution and business model transformation which is happening faster and faster.
*Sessions are in development and are subject to change
Key speakers and representatives from US governmental institutions and utilities are being invited to speak at European Utility Week, in an effort to facilitate key learnings and showcase US focused innovative solutions.
We are pleased to be able to confirm Timothy Unruh, from the US Department of Energy, as a speaker for a Summit Session on Successful Business in a Clean World.
Speaking in session:
Successful Business in a Clean World
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