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by Nicholas Rinaldi
February 03, 2016

The electric power industry is entering a new phase in its evolution. The emergence of distributed energy resources on the grid, once seen as an existential threat to power utilities, is opening up new revenue streams for technology vendors, private-sector service providers and utilities alike.

The industry is eschewing “utility death spiral” rhetoric for the market-based lingo of REV, DRP, DRAM and DREAM, proactive regulatory mechanisms that drive electricity generation and delivery away from traditional cost-recovery models and toward...