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Looking at the energy landscape the most significant area for innovation is with government relations. There exist green energy companies, and their biggest ba
by vegetablepotpie 4y ago
Looking at the energy landscape the most significant area for innovation is with government relations.
There exist green energy companies, and their biggest barrier to growth is government policy. For example, when Green Mountain energy wanted to sell to customers in AZ in 2021, SRP, one of the states largest utilities, pushed the state to repeal the competition laws it had on the books for 24 years. HB2101 was introduced in January to do this and it was signed by governor Doug Ducey in April. This gutted the states policy to have a competitive energy market and stopped the expansion of Green Mountain into the state.
You need friendly environments to operate in. Existing players like their monopolies, and they have the political connections to use the force of law to shut down your energy startup. You may have to plan to spend most of your investors money on Lobbyists and Lawyers.
https://www.azcentral.com/story/opinion/op-ed/laurieroberts/2022/02/10/arizona-utilities-team-up-legislators-block-competition/6740768001/ https://www.azcentral.com/story/opinion/op-ed/laurieroberts/...