"Forecasting demand is not something they do well, but more importantly they could improve Demand Response and Energy Efficiency programs."
- Source?
"The utilities have not been forced to innovate. They won't innovate on their own because there are no customers at risk - no competition."
- Also, what data can you provide to back this up? I work in the industry, and I can tell you that innovation will depend largely on the type of energy market that the utility operates in, whether or not they are a vertically integrated company, regulated or unregulated, IOU or POU, as well as a ton of other variables. So while maybe its true that not every single company is innovating, to generally say that they "won't innovate" or that there is "no competition" is simply wrong as well as spreading incorrect information about the industry.
- Source?
"The utilities have not been forced to innovate. They won't innovate on their own because there are no customers at risk - no competition."
- Also, what data can you provide to back this up? I work in the industry, and I can tell you that innovation will depend largely on the type of energy market that the utility operates in, whether or not they are a vertically integrated company, regulated or unregulated, IOU or POU, as well as a ton of other variables. So while maybe its true that not every single company is innovating, to generally say that they "won't innovate" or that there is "no competition" is simply wrong as well as spreading incorrect information about the industry.
I'd check out this is you're interested in learning more about the utility industry: https://www.osti.gov/scitech/biblio/15001013