82. 'Highlighting The Performance Incentive Mechanisms To Advance Utility Goals' With Karl Rábago

The utility landscape today is filled with more goals competing for attention and funding than at any time in history, and the regulatory processes that are compelling utilities to make progress towards those targets are constantly ramping up the pressure. But similar to how technology for utilities is advancing, getting more complex, and unlocking new possibilities, the regulatory mechanisms at play are also widening in scope, methodology, and outcomes. One particular area of interest for modern utility leaders is the advancement of Performance Incentive Mechanisms, or PIMs. PIMs are part of the broader world of performance based regulations (PBRs), and utilities are seeing them gain prominence and favor with their local regulators and public utilities commissions. The web of regulatory frameworks that utilities have had to navigate has always been a complicated one, but more so than ever it can be tough to keep track. In this episode of the podcast, Karl Rábago is featured to help make sense of it all. Karl has spent over 30 years in the utility sector, making impressions via time at the Public Utility Commission of Texas, the Department of Energy, AES, Austin Energy, the Rocky Mountain Institute, and more. He brings that experience to chat with podcast host Jason Price and producer Matt Chester about what he’s seeing in today’s regulatory landscape and why PIMs are gaining traction. Key Links Karl Rábago's Energy Central Profile: https://energycentral.com/member/profile/karl-r%C3%A1bago Link to Create Your Own Profile on Energy Central: energycentral.com/user/register Did you know? The Energy Central Power Perspectives Podcast has been identified as one of the industry's 'Top 25 Energy Podcasts': blog.feedspot.com/energy_podcasts