Can the Utility Industry Survive the Energy Transition?
A new policy paper from the Edison Electric Institute (EEI), an association of shareholder-owned U.S. electric companies, details the “disruptive challenges” the sector faces. These private, for-profit companies, also known as investor-owned utilities or IOUs, serve about 70 percent of the U.S. population. They are usually subject to different regulations than publicly owned utilities or co-ops, and must turn enough profit to retain their investors in a difficult, constrained, low-margin business.