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Getting to 3% - Realizing the Promise of Sustainability

Getting to 3% - Realizing the Promise of Sustainability. Carol White Director, Program Strategy (MA) National Grid June 17, 2014. Our Challenge. Delivering on the promise of sustainable investments. Environmental objectives/climate change mitigation

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Getting to 3% - Realizing the Promise of Sustainability

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  1. Getting to 3% - Realizing the Promise of Sustainability Carol White Director, Program Strategy (MA) National Grid June 17, 2014

  2. Our Challenge Delivering on the promise of sustainable investments • Environmental objectives/climate change mitigation • Low cost alternative to traditional generation • Economic engine for growth – job creation • Solve for increasing electric & natural gas interdependency • Grid resiliency

  3. Our Opportunity Together we can lead the nation to realize the benefits of sustainable investments • Broaden the focus beyond traditional EE • Maintain a customer focus • Embrace tech partners • Change regulatory paradigm

  4. Going Beyond Energy Efficiency • Energy efficiency investments focused on holistic customer energy needs • Geographically targeted solutions • Distributed generation and storage • Microgrids

  5. Going Beyond Energy Efficiency • Active and passive demand response • Utility side of the meter investments (e.g., conservation voltage regulation) • Grid modernization and “smart” technology • EV charging stations and alternative fuel vehicles • Codes and standards • Leveraging “big data”

  6. Success is Dependent on Staying Customer Focused Better Understanding Better Communication • What are the real benefits customers can expect to realize…and • How do offered services meet their needs? Personalized Tools Reliable Service Better Control Over Cost Increased Productivity Increased Comfort

  7. Strengthen Existing Relationships and Embrace Non-traditional Partners Expand network of traditional partners Develop relationships with non-traditional partners Leverage customer affinity groups

  8. The Role of the Utility – Connect21 • http://us.nationalgridconnecting.com/connect21/ http://us.nationalgridconnecting.com/connect21/

  9. Innovation in Regulation is Needed What is the best way to finance the investments needed to create a sustainable future? How does ratemaking need to evolve to encourage both the investments needed to modernize and maintain the grid and a broader focus on delivering energy solutions to customers?

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