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The Pace of Change in the Utility Industry

By Robert Eastman

There continues to be considerable conversation in the utility industry about the pace of change that the industry is undergoing. With a number of challenges facing the industry, and an array of conflicting forces hitting the industry from all sides, and business cycles and decision cycles in so many other industries accelerating, no one would be surprised to hear that change is accelerating in the utility industry. Yet, there is, by no means, a consensus about the pace of change in the utility industry, much less how best to respond to the ongoing change the industry is experiencing. Recent remarks by Exelon's Senior Executive Vice President and Chief Strategy Officer, at the 2015 MIT Energy Conference, illustrate what the conversation is all about.

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