Ten Resolutions for the Energy Industry in 2024

Welcome to the fourth edition of the annual Top Ten Resolutions for the utility industry. These ten resolutions illustrate a renewed vigor and determination entering the New Year to make progress toward accomplishing so many things. Now armed with unprecedented federal funding and a majority of public support, the call for modernizing our energy system action and subsequent acceleration of this action is louder than ever. While utility priorities continue to change as the industry and world transform to a clean energy economy, utilities continue to rise to the occasion, and utility leadership continues to seize opportunities with a continued mission to deliver safe, reliable, clean, and low-cost energy. 2024’s resolutions introduce entirely new topics for the industry compared to previous years. Since the transformational Infrastructure Investment and Jobs Act (IIJA) and Inflation Reduction Act (IRA) passed in 2021 and 2022, and the enactment of the CHIPS Act in 2022, the workload to bring the clean energy transition to fruition is monumental, and the call for action is even greater. By utilities making these ten resolutions part of the investment plan for the New Year, there will be a renewed focus on tapping into opportunities to help build a better energy future for all. Let’s make 2024 the year that plans are fully embedded in the actions of industry leaders and regulators alike.