YNTR: Utilities Ignoring Profit Opportunity by Failing to Decarbonize Rapidly

You Need to Read Energy and Policy Institute’s Morgan Stanley: Duke, other utilities ignoring profit opportunity by failing to decarbonize rapidly by David Pomerantz

Per new research by Morgan Stanley, utilities that accelerate their shift from coal to renewables can not only save billions of dollars for electricity consumers, they can simultaneously return sizable profits to utility investors. The faster the utility decarbonizes, the more favorable the returns.

As the cost of clean energy has plummeted, energy analysts have reported with increasing frequency that a transition by utilities from coal to less costly clean energy would save the nation’s electricity customers billions of dollars.

 

The latest, and perhaps more surprising, wave of reporting comes from Wall Street analysts, who now say that in addition to saving customers money, a rapid coal-to-clean energy transition would also be highly profitable for utilities’ investors. 

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