What to Watch in the Energy System in 2023 (and Beyond): Introduction

Advanced Energy United is looking at macro trends impacting the electricity system in 2023 and beyond.

If you’re feeling like you can’t keep up with the accelerating pace of change in the energy sector, you aren’t alone. 2022 was another banner year for advanced energy and transportation. Through Advanced Energy United’s work tracking and supporting the energy transition across the country, we have identified a set of powerful, interrelated trends to keep an eye on as we move further into 2023. Some of these have been building for years and some are new on the scene, but together, they are set to fundamentally transform the energy system in the next 10 to 20 years.

In this series, we’re looking at what lies ahead— and the impact these trends will have on policymakers, ratepayers, and utilities:

• Part 1: The IRA Effect: renewables are the least-cost option for new generation, and often beat out existing generation.
• Part 2: The Grid in Transition: storage deployment and distributed generation will transform grid development.
• Part 3: The Wheels Are in Motion: transportation electrification is gaining momentum as the light duty vehicle market approaches an inflection point.
• Part 4: Buildings Transform, Too: turning toward clean heating and building electrification.
• Part 5: Accelerated Development and Looming Concerns: how transmission and wholesale markets are shaping development.
• Part 6: Equity and Environmental Justice: an energy transition for all
• Part 7: Reliability, Resilience, Resource Adequacy, and Risk: a path forward for the decade ahead