Marlborough, MA, March 03, 2014 --(PR.com
)-- BRIDGE Energy Group, a leading consulting and systems integration company that transforms utility operational performance, today announced that David O’Brien, Vice President of Regulatory Solutions, will be co-presenting at the New York University School of Law, as part of The Utility of the Future conference. This one day event will be held at the school on March 3rd in New York, NY.
This symposium will examine potential futures for the U.S. electric utility industry. Regulators and industry experts will meet to discuss new business and regulatory models for the electric distribution utility. As part of this discussion, Mr. O’Brien will speak to the value of “Performance Based Ratemaking 2.0” as a new regulatory model to drive innovation.
“The utility industry is in the midst of profound change with the rapid advancement of technology, proliferation of distributed energy and heightened expectations of consumers. The traditional ratemaking process is poorly suited for this dynamic environment,” said David O’Brien, VP of Regulatory Solutions. “Performance Based Ratemaking 2.0 is designed to align policy objectives with utility investment that enables utilities to move from ‘defending the spend’ to delivering value and innovation.”