Open access – supercharged with renewables

Open access – supercharged with renewables

Key Takeaways

  • Provides large consumers (who account for half of all electricity consumption) with choice – spurring innovation and providing access to cheap electricity

  • Move toward renewable energy sources for open access presents practical chal- lenges – obtaining access to round the clock power

  • Regulations are highly state specific – with factors such as access to viable ban- king, state level charges and practical aspects of operating

  • Industry remains vastly underpenetrated with the largest consumers only recently exploring green energy – driven by sustainability targets and cost savings

  • Higher rated counterparties and the elimination of DISCOM risk makes this very attractive bet for investors