From emerging policies to technology advancements, the utility industry is undergoing a transformation that has significant implications for regional development.
We hosted “How Economic Impact Analysis Models Equip the Utility Industry,” our special guest webinar on Wednesday, February 16. This discussion featured Patrick Kelly, Director of Economic Development at FirstEnergy, and Jim Robey, Ph.D., Principal at Robey Analytics, LLC.
During this presentation, Mr. Kelly provided an overview of FirstEnergy’s strategic initiatives to build resilient utility systems, create 21st-century jobs, and develop clean energy sources. Dr. Robey continued the discussion by examining a compilation of studies emphasizing how larger utility companies are approaching analytics including using impact models that Robey Analytics, LLC. has produced on behalf of FirstEnergy.
Finally, Chris Judson, Managing Economic Associate at REMI, concluded with a brief examination of the REMI model methodology supporting these analyses and how economic modeling informs the rapidly changing energy industry.