The Utility Landscape Forward Looking Thoughts KY Mineral Law - - PowerPoint PPT Presentation

The Utility Landscape Forward Looking Thoughts

KY Mineral Law Conference October 2016

John P. Malloy

Forces impacting Customer Expectations

• Rising Energy Costs
• Technological Advances
• Regulatory Policy
• Social Policy
• “Evolving” Customer Role

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Evolving Customer Role

• From “Consumer to Prosumer”
• Little fish theory no longer relevant
• Energy “production and consumption” aggregation

economy

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Utility Industry at a Glance

• Capital investments driving lower returns and thus higher rates.
• Historic natural organic growth waning and unsustainable.
• Energy efficiency measures by utilities likely will drive

growth negative in the short run.

• Technological advancements eliminates “cost of entry” barrier. Everyone is
• r can be a energy market participant.
• Distributed energy resources will be slow to

materialize given near term economics

• Reliability remains the central theme driving

quality of life and economic prosperity.

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Sustainable Initiatives

• Electric Vehicle Charging Station Program
• Green Energy Program
• Solar

— Universal Solar — Industrial / Large Commercial Solar — Community Solar

• R&D EPRI Battery Project
• Net Metering Program

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