Utilities Must Adapt, Not Just Respond To Extreme Weather

After electricity is restored in Houston, people may ask with respect to future electricity reliability: what’s next? Well, in Houston we would characterize Centerpoint’s response as being more or less typical for a regulated utility. The hurricane disrupted and damaged the local grid and the utility moved to restore power with much outside assistance asap in line with standard industry practice. So what’s the problem? The problem is: what happens after the next hurricane or the one after that? Utility executives all around the…