Electric Execs Jazzed by New Orleans Confab

Upwards of 900 industry leaders convened in New Orleans in mid-June at the Edison Electric Institute's annual meeting, where a buzz of excitement was leavened by trepidation about massive changes coming to their business.

Tesla's CEO Elon Musk told electric power executives to expect electric vehicles to take off - and double their power sales long-term.

Meanwhile, utility leaders report strong growth in microgrid deployments which will transform century-old templates of how electric power is created and delivered across America.

Upwards of 900 industry leaders convened in New Orleans in mid-June at the Edison Electric Institute's annual meeting, where a buzz of excitement was leavened by trepidation about massive changes coming to their business.

Ernest Moniz, U.S. energy secretary, set the stage for the deliberations, declaring that low load growth is "upending business models" for utilities and that "may presage even greater shifts in the electric sector going forward."

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