Can Utilities Learn to Innovate Faster?

Utilities have struggled to adopt new technologies quickly and are known to pilot tech startups out of business. As a result, investors often avoid investing in startups that sell to utilities. 

But utilities need to innovate now more than ever. There is no way to achieve the goals of the energy transition, meet rising electricity demand from AI, and address the threats posed by climate change without significant innovation in the utility sector. 

In this month’s Gist, the Ad Hoc Group interviewed Larry Bekkedahl, senior vice president of advanced energy delivery at Portland General Electric (PGE), Oregon’s largest utility, which has gone from last to first in utility innovation. We discussed how PGE did it, and why it has been an imperative for the company. 

InnovationForce is a proud to have partnered with PGE on their innovation approach. Read the full article here and be sure to check out the PGE Innovation Impact Report!