Advanced technologies are unleashing the potential for change in power sectors around the globe, transforming the way electricity is generated, delivered, and consumed. These changes hold great promise for a better, cleaner, more reliable and lower-cost future. Whether the benefits are achieved will depend on reforming the regulatory approaches to align regulation’s inherent incentives with desired outcomes.
Performance-based regulation, or PBR, is a necessary tool for regulators and policymakers in this era of fundamental change. David Littell and Camille Kadoch, in partnership with the Clean Energy Solutions Center, are conducting a two-part webinar series exploring PBR and how it can improve outcomes for utilities, customers, regulators, and society at large. In this first webinar from September 21, Mr. Littell and Ms. Kadoch explore the fundamentals of PBR, why it’s important, and how policymakers have used it to further specific goals in the United States and Europe.