Electric power industry driving innovation
Today’s electric companies come from a long line of innovation that started more than a century ago with the industry’s original disruptor, Thomas Edison.
So, it should come as no surprise that the electric power industry is in the midst of a major transformation — these are not your “mom and pop” utilities of the past.
In fact, the industry is investing more than $90 billion annually, on average, to make the transition to cleaner energy generation and to enhance the electric grid. When we think of utility innovation, this is what we might think of — huge generation projects, scalable grid technologies.