The power market is changing. It’s being driven more and more by the retail side of the business, according to Roy Palk, Esq., president of New Horizons Consulting. Palk will give a presentation titled “The Rise of Distributed Energy — New Challenges Bring New Opportunities” during the Distributed Energy Conference, which will be held at the Denver Marriott West in Golden, Colorado, October 15–17, 2018.
Palk joined The POWER Podcast to give a brief preview of his talk. He said younger, more-sophisticated and environmentally attuned consumers, as well as commercial and industrial companies that are going green—often following edicts from their boards of directors—are forcing utilities to evolve in order to remain the energy provider for these customers.
The rise of solar and wind power, microgrids, and other distributed energy resources means member-owned cooperatives and large utilities must look at their business models in a new light, focusing on the benefits of leveraging the trend toward distributed generation.
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To learn more about the Distributed Energy Conference and to register for the event, visit www.distributedenergyconference.com.
—Aaron Larson is POWER’s executive editor (@AaronL_Power, @POWERmagazine).