Charging Ahead: Innovation in the Energy Industry

The power sector is changing, and rapidly. Though the industry has constantly evolved over time, the scale and pace at which it is now occurring has not been seen before. As Bill Johnson, CEO of the Tennessee Valley Authority recently noted – “during his 40-year career, he has seen more change in the last five years than in the previous 35 combined.” To prepare for such an uncharted future, the next generation of utility initiatives are taking a page out of the start-up handbook by embracing innovation: not only in specific strategies or technologies for the delivery and management of energy resources but in the very cultures of the utilities themselves.