Capital spending by U.S. investor-owned electric utilities has steadily increased over the past decade, a trend expected to continue. Actual capital expenditures rose from $96.1 billion in 2014 to $171.9 billion in 2023, marking a 78.9% increase over 10 years....
Originally published in Energy Central. Carlo Brancuccu, Ph.D. and Wallace Kenyon, Ph.D., of encoord, are co-authors. The electric industry today is facing unique and unprecedented challenges. A changing generation mix, more frequent “100-year” storms, and tremendous...