Press Release

An Unlikely Union With The Power To Transform The Energy Economy

2/9/2017 2:28:29 PM

Legacy utility companies are increasingly finding themselves cannibalized by startups.

On a recent Monday evening, Danny Kennedy, the director of the California Clean Energy Fund, stood in front of a crowd of dozens of energy industry insiders in Dubai.

“Steve Jobs used to say you should cannibalize yourself every couple of years or someone will come eat your lunch,” he said. “Seems like the utilities in the room have started to invite the cannibals to the crowd.”