While much of the discussion surrounding the ongoing energy transition focuses on the destination, energy companies have a responsibility to examine every step of the journey. The decisions industry leaders, regulators, policymakers, and other stakeholders make today will impact companies’ ability to provide reliable, resilient, and affordable energy to customers amid growing societal dependence on electricity.
Generation leaders around the world are grappling with how to best operate, maintain, and expand a set of existing resources. Forward-looking companies are purpose-building their fleets to support a future energy system, while managing risks associated with deploying emerging technologies and supporting infrastructure. With substantial uncertainty surrounding the timing and scope of contributions from different resource types, optionality is at the center of a reliable and affordable transition.