The US energy system will be transformed beyond recognition in the next quarter century, but the only certainties are that no one knows what it will look like and that it will cost a lot of money.
Electricity's future is about "disruptive technologies," Secretary of Energy Steven Chu told the National Association of Regulatory Utility Commissioners (NARUC) and the Department of Energy's National Electricity Forum Feb. 5-9 in Washington D.C.
The power industry needs "partnerships" with state regulators to invest in the uncertain new era, he said. Needed spending could reach $2 trillion.