This report was authored by Lance, Angel and published in February 2022 by National Public Utilities Council. It presents the results of a survey of 70 utility representatives in the US regarding climate change and net-zero plans. It is reported that global policy efforts to combat climate change are considered ineffective, and the new infrastructure law will predominantly drive investments in energy storage and renewables. Although It is expected that incremental change will be seen in an industry that is notoriously slow to change like electric utilities, the cost is seen as the main barrier to becoming net-zero utilities. It concludes that addressing the climate crisis will require investments in key technologies and stakeholder collaboration to overcome delays in deploying a cleaner electric grid.
Keywords: Climate Change, Utilities, Zero Net Energy