The future of America’s energy economy is based on renewable sources. In fact, renewables already make up more than 90 percent of new power generation added in the U.S. this year. But if you listen to some utility CEOs , it’s the monopoly utilities who are the only ones capable of meeting today’s energy demands without sacrificing climate goals and customer affordability. This narrative threatens to derail the progress made in renewable energy industries, from solar and wind to geothermal, hydro and renewable fuels—just when demand for energy is spiking to meet the needs of AI.

The real story is this: If utilities extend monopoly control into generation, as some clearly intend to pursue, they will reduce competition, diminish innovation and block renewable growth, all while using p

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