Real Assets
Most people are at least vaguely aware at this point that power utilities are the Bad Guys in the story of renewable energy — fighting rooftop solar, clinging to old coal plants, and generally slow-walking the work of cleaning up the grid. But the role of utilities is often badly misconstrued, read as a tale of greed or animus. While there’s plenty of greed and animus to go around, the fact is, utilities are just doing what they’ve been designed to do. The design is the problem.