This country’s utilities are addressing disruptive changes taking place in a number of different ways. Some adhere to more standard business models, moving at a painstaking snail’s pace in order to make any kind of change, no matter how timely the alterations. Then there are others who are embracing innovation, looking at the universe of changing technologies as an open door to new business opportunities.
Include Washington-based Avista Utilities on the list of utilities embracing the disruptive technologies which are presently happening across the industry, such as battery storage technology, and leveraging it for a new business model called “economies of scope” – a model Avista believes is the future of the utility business.
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