INSIGHTSSERIES
Power & Utilities | Smart Grid
January 2, 2024
Year Ahead: Five Must-Watch Power Sector Trends for 2024
The commitment to a low-carbon future is growing stronger, with states and utilities diversifying their energy transition strategies. There is a growing awareness of the magnitude of the transition including the scale of grid modernization, supply chain challenges, and economic realities as renewable resources and decarbonization technologies expand. Supportive policies and technological advancements are key to navigate the.…. Read the full report
Key Takeaways
Michigan and Minnesota have established goals for carbon-free electricity, reflecting the continuing trend towards 100 percent clean energy.
To date, 11 states have established energy storage procurement targets for regulated utilities.