5 utility industry trends to watch this year


Last year brought about a number of interesting developments in the energy industry. Based on what we saw through the lens of our company’s 90+ partnerships with utilities across eight countries, here are five key trends we’ll be watching closely in 2014.

1. Energy efficiency policies continue to spread worldwide

The introduction of new energy efficiency policies and regulations was widespread in 2013 — and that momentum appears poised to continue around the world in 2014.

Honeywell & Opower smart thermstat website Honeywell & Opower smart thermstat website

More than half of US states have now officially enacted quantitative energy efficiency targets, and around 30 states offer concrete incentives to utilities that drive reductions in energy demand. Yet even more states have instituted a framework for severing the tie between utility energy sales and revenue, thereby removing the disincentive for utilities to help electric and gas customers lower their bills. Mississippi and Louisiana are the latest…

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