Achieving decarbonization and net-zero goals involves several key strategies, including increasing electricity production from renewable resources, integrating distributed energy resources (DERs), and electrifying transportation and buildings. It is crucial to pursue these initiatives while ensuring affordability, resiliency, safety, and reliability.
Areas of expertise:
- Affordability considerations
- Battery storage
- Distributed energy resources
- Electric vehicle policy and charging implementation
- Electrification
- Emerging technologies
- Heat pumps and hybrid heating
- Stranded costs
Concentric’s Energy Transition team plays a vital role in supporting electric and natural gas utilities as they navigate the path toward a decarbonized future. The team evaluates relevant policies and precedents, draws insights from other jurisdictions, and leverages professional experience as regulators to address strategic questions vital to the energy transition.
Our services help utilities articulate their positions on critical issues and prepare policy comments and implementation filings. We collaborate with clients on a wide range of transition topics, including innovative business models, the decarbonization of natural gas utilities, rate design, the value of DERs, performance incentive mechanisms, depreciation, energy storage solutions, the electrification of transportation, and building end-uses. We also focus on large-scale renewable energy initiatives, transmission and distribution planning, as well as benefit-cost analysis methodologies.
Our team brings together a diverse set of expertise encompassing utility operations, energy markets, finance, and business models, all enhanced by Concentric’s Integrated Services Advantage. This integrated approach includes knowledge in gas and electric planning, depreciation and regulatory accounting, and utility regulation and regulatory policy to support our clients in achieving their decarbonization objectives.
Thank you very much to the Concentric team for helping coordinate, engage, and discuss relevant issues throughout this process. We truly appreciate your insights and support throughout these months.
