Securitization fever: Renewables advocates seize Wall Street’s innovative way to end coal
From Utility Dive:
Accelerated depreciation will not diminish securitization fever because it increases costs to consumers, R Street Institute Energy & Environmental Policy Director Travis Kavulla, former chair of the Montana PSC, emailed Utility Dive. By imposing the loss of returns on a utility’s stranded assets, securitization ensures that regulated utilities that risk ratepayer funds by investing in coal assets “actually own that risk.”
