News

In a new Ceres report “Practicing Risk-Aware Electricity Regulation: What Every State Regulator Needs to Know,” Managing Principal Susan Tierney joins other industry experts in advocating the importance of incentivizing utilities companies to invest in energy-efficient technologies and renewable energy sources. In her foreword to the report, Dr. Tierney notes “With an estimated $2 trillion of utility capital investment in long-lived infrastructure on the line over the next 20 years, regulators must focus unprecedented attention to risk not – simply keeping costs down today, but minimizing overall costs over the long term, especially in the face of possible surprises.” She cautions against utilities making “poor decisions [that] could cost ratepayers, investors, and taxpayers hundreds of billions of dollars and have costly impacts on the environment and public health.”

Read the report (registration required)