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Should Utility CEO Compensation Be Linked To Decarbonization Goals?

As part of its recently launched Utility Transformation Challenge initiative, the Smart Electric Power Alliance (SEPA) recommends utilities undergo a series of cultural and business model changes, such as linking executive compensation to carbon reduction goals, to support the transition to a carbon-free, clean energy future. Many utilities across the ... Read more »

EPRI Releases Sustainability Priorities For North American Power Sector

The Electric Power Research Institute (EPRI), a leading think tank for the power sector, has published its 2021 list of sustainability priorities for the North American power sector, based on extensive research conducted in 2020 with U.S. and Canadian stakeholders. Sustainability priorities, often referred to as sustainability materiality issues, are ... Read more »

AES, Google Partner To Advance Grid Modernization

AES, one of the world’s leading power companies, is working with Google X, a subsidiary of Alphabet Inc., to develop a virtual grid of AES’ power distribution system that will model how to improve reliability when the system is using more clean energy resources. The move is a significant step ... Read more »

Hawaiian Electric Adopts New Performance Based Regulation Framework Tied To Sustainability

Hawaiian Electric, the state’s largest utility, has adopted a new Performance Based Regulation (PBR) Framework based on a recent order from the Hawaii Public Utilities Commission (PUC) approving a portfolio of new Performance Incentive Mechanisms (PIMs), Scorecards, and Reported Metrics. The Framework became effective in June this year. The new ... Read more »

NYPA Testing Green Hydrogen At Brentwood Power Station

As part of a broader push to explore green hydrogen by New York to support the state’s overall decarbonization goals, the New York Power Authority (NYPA) is launching a first-of-its-kind green hydrogen demonstration project to investigate the potential of substituting renewable hydrogen for a portion of the natural gas used ... Read more »

PSEG Accelerates Net Zero Goal to 2030

At a time when there is an urgent need to step up sustainability efforts, Public Service Enterprise Group (PSEG) – one of the largest utilities in the U.S. – has accelerated its transition to net zero to 2030 from a previously stated 2050 timeline adopted in 2019, making the climate ... Read more »

Southern California Edison Partners with Volta To Raise EV Awareness

Southern California Edison (SCE), the largest electricity provider for Southern California, is collaborating with Volta Charging in an innovative outdoor advertising campaign to communicate the benefits of driving electric vehicles (EVs). The ads will appear on charging stations owned and operated by Volta at Vons grocery store in Lakewood, CA. ... Read more »


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