The uptake of new resources has changed the game for grid investments, according to a new report.
Utilities cut way back on infrastructure investments in the 1990s, delaying tens of billions of dollars in upgrades.
Those investments started to pick up again after the 2009 stimulus package and Superstorm Sandy in 2012. The more recent surge in utility-scale renewables, plus a range of distributed resources like batteries, rooftop solar, EVs and microgrids, has also spurred new grid modernization activity.
