As a follow up to the post Isn't the Next Big Thing About Business Model Innovations?, I first add as an introduction a comment I posted under it saying that:
There are 6 interesting comments since April 22nd under Mr. Carson's article. In addition, some of those comments have been fed back as reinforcing comments among the 8 comments under the Knowledge Problem commentary "More smart grid insight," written by Michael Giberson.
The main story is that I responded an article that suggests how utilities may have an opportunity to develop the Next Big Thing themselves:
Hello Mr. Hunt,
As a result of my comments to what you wrote about the threats to the traditional utility business model, I read with a lot of interest your follow up article POWER PLAYS: How the Utility Empire can Strike Back!
From what I have gathered so far on the discussion, you are certainly a very intelligent and important person. As I follow the generative dialogue principle that “we are not our opinions,” I wonder whether the opinion displayed in the POWER PLAYS’ article may be partially flawed, by being made under the assumption that utilities should be responsible for the damage in the making. My opinion, on the contrary, is that the full responsibility should rest on state governments, as explained in the article Is the Smart Grid that is Being Pushed a Costly Mistake?, whose summary states:
The main argument is that, by inaction, each State Government should be responsible to their constituencies for a very costly mistake that is being made by letting the smart grid process continue without giving State Regulators the proper mandate.
In addition, utilities' business model are based on the century old regulatory trick of winning rate cases to the regulator, whether for the traditional energy rates or recently for adding smart meter costs to the rate base. Based on the urgent need for business model innovations, please correct me if I am wrong as it seems to me that the opinion in “POWER PLAYS…” can be generalized in that it is still possible to tell old utilities competitive tricks?
José Antonio Vanderhorst-Silverio, Ph.D. - LinkedIn