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Old-School ‘Mindset and Culture’ Is Sidelining Traditional Utility Companies in Global Transition to Renewables

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SNL: For a risk-averse industry that has been slow to embrace change, overhauling the DNA of electric utilities stands as a bigger challenge than outdated regulations in the face of a market transformation driven by a renewable energy surge that is pushing down power prices, said Fintan Slye, CEO of EirGrid plc., which operates Ireland’s […]

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