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Risk-Aware Regulation Needed in the Face of Mounting Grid Costs and Longer Outages

As US power grid costs rise and the length of outages increases, risk-aware regulation—an approach in which regulators explicitly and proactively seek to identify, understand, and minimize the risks associated with electric utility resource investment, will lead to the efficient deployment of utility resources, the continued financial health of utilities, and the confidence and satisfaction…

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Utility Week Cites RAP’s Cowart on Achievability of Energy Efficiency Targets

“Richard Cowart, European programmes director of the regulatory assistance project non-governmental organisation, believes the energy savings targets proposed are achievable in Europe…”The global experience is that requiring large energy providers to help their customers save energy is good business, and good for national economies. Efficiency targets that are merely advisory rarely work.” Cowart said seven…