Alectra Utilities CEO: 'Someone's going to cannibalize our business — it may as well be us'

By District Energy posted 09-14-2017 15:46


Gavin Bade, Utility Dive


Canadian electricity provider Alectra Utilities is living a distributed energy reality most U.S. utilities can only dream of.

Formed early this year through the merger of four municipal utilities outside of Toronto, Alectra is now the second-largest municipal utility in North America behind the Los Angeles Department of Water and Power.

Building off the experience of its formative utilities, the company already has a large virtual power plant project for residential customers, is pushing into the commercial and industrial space and is also exploring utility-scale microgrids for critical infrastructure. And like any good utility, Alectra is exploring ways to earn a regulated rate of return on these investments.

Full Article

Continue Reading

#News #Canada #NorthAmerica #DemandSideManagement #BusinessModelsandFinancing #DemandResponse #Microgrids #BusinessDevelopment