Itron's 2023 Industry Insight Report Reveals Key Challenges in the Shift Towards Clean Energy

Itron's 2023 Resourcefulness Insight Report has identified key barriers to the energy transition in the United States based on a survey of 250 utility executives. The report highlights that grid modernization and infrastructure upgrades are the most significant challenges, followed by regulatory approval processes, a lack of upfront investment funding, and concerns about reliability and resilience. Despite growing momentum for the energy transition, progress remains slow, with only 45% of utilities actively moving toward clean energy goals. Commissioners face challenges in ensuring supply meets demand and customer expectations while adhering to clean energy standards. Utility executives suggest overcoming barriers through technology and infrastructure investments, advocating for clean energy policies, and educating consumers. Consumers can contribute by adopting energy-efficient practices and supporting sustainable energy. Technology priorities include grid modernization, renewable energy development, energy storage, and grid management. The report provides valuable insights for navigating the transition to a cleaner and more resilient energy future.

Source: Smart Energy International