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    Karl Rábago Highlights the Performance Incentive Mechanisms to Advance Utility Goals


    May 26, 2022 - 5/26/2022

     

      This week's episode of the Energy Central Power Perspectives Podcast guest features Karl Rábago. Karl has spent over 30 years in the utility sector, making impressions via time at the Public Utility Commission of Texas, the Department of Energy, AES, Austin Energy, the Rocky Mountain Institute, and more. He brings that experience to chat with podcast host Jason Price and producer Matt Chester about what he’s seeing in today’s regulatory landscape.

      One particular area of interest for modern utility leaders is the advancement of Performance Incentive Mechanisms, or PIMs. PIMs are part of the broader world of performance based regulations (PBRs), and utilities are seeing them gain prominence and favor with their local regulators and public utilities commissions. The web of regulatory frameworks that utilities have had to navigate has always been a complicated one, but more so than ever it can be tough to keep track. In this episode of the podcast, Karl helps make sense of it all:

      We've got a utility industry that has largely functioned the way it has for over a 100 years. We've got regulators who have largely performed their duties as regulators have for 100 years, but the situation has gotten a lot more complex. We've been readably introducing the voices of lots of different stakeholders. New technologies and policies are in front of us. So the situation has gotten more complicated and it's being driven by legislative imperatives, that utility regulation accomplish more than just overseeing simply the rates or the construction plans of utilities. Do you think about it... In the once upon a time, a 100 years ago, our utility industry and our regulatory relationship was about getting America electrified and providing at least basic electric service to everyone. And in that mission, and in those times, it was actually an easy job to do.

      This entry into the podcast, like all of the series episodes, can be found on all major podcast outlets, including iTunes and Spotify, or it can be listened to directly on the Energy Central platform. Give it a listen and share your reaction in the comments.

      Episode #82: 'Highlighting The Performance Incentive Mechanisms To Advance Utility Goals' With Karl Rábago [an Energy Central Power Perspectives™ Podcast]

      About Energy Central Podcast Series:

      The ‘Energy Central Power Perspectives™ Podcast’ features conversations with thought leaders in the utility sector. At least twice monthly, we connect with an Energy Central Power Industry Network community member to discuss compelling topics that impact professionals who work in the power industry. Some podcasts may be a continuation of thought-provoking posts or discussions started in the community or with an industry leader that is interested in sharing their expertise and doing a deeper dive into hot topics or issues relevant to the industry.

      The ‘Energy Central Power Perspectives™ Podcast’ is the premiere podcast series from Energy Central, a Power Industry Network of Communities built specifically for professionals in the electric power industry and a place where professionals can share, learn, and connect in a collaborative environment. Supported by leading industry organizations, our mission is to help global power industry professionals work better. Since 1995, we’ve been a trusted news and information source for professionals working in the power industry, and today our managed communities are a place for lively discussions, debates, and analysis to take place. If you’re not yet a member, visit www.EnergyCentral.com to register for free and join over 200,000 of your peers working in the power industry.

      The Energy Central Power Perspectives™ Podcast is hosted by Jason Price, Community Ambassador of Energy Central. Jason is a Business Development Executive at West Monroe, working in the East Coast Energy and Utilities Group. Jason is joined in the podcast booth by the producer of the podcast, Matt Chester, who is also the Community Manager of Energy Central and energy analyst/independent consultant in energy policy, markets, and technology.

      If you want to be a guest on a future episode of the Energy Central Power Perspectives™ Podcast, let us know! We'll be pulling guests from our community members who submit engaging content that gets our community talking, and perhaps that next guest will be you! Likewise, if you see an article submitted by a fellow Energy Central community member that you'd like to hear about in more detail, feel free to send us a note to nominate them. To contact us, email community@energycentral.com. Podcast interviews are free for Expert Members and professionals who work for a utility. We have package offers available for solution providers and vendors.

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