Rating trends across regulated utilities in North America remain mostly stable supported by stable regulatory oversight, mostly flat demand for utility services
How quickly utilities adapt to disruptive factors will have increasing impact on their credit quality primary credit
topics such as the declining cost of renewables, advances in battery storage technology, and the de-carbonization of generation are increasingly on the agendas of utility board meetings–as well as S&P Global Ratings’ meetings with utility management teams.
India plans to triple investments in renewables. An FAQ from S&P Global Ratings
India’s power industry is being disrupted by a massive investment drive into renewables. The country plans to triple renewables energy capacity by 2022, to 175 GW from 57 GW now.