Utility Companies Head Into a Cloudy Future People will always need power. Machine learning, innovation and competition are about to change a long-established industry. The world’s publicly listed utilities employed 3.7 million people, had a third of a trillion dollars in capital expenditures, and brought in $2.2 trillion in revenue in 2017. Power supply is … Continue reading Utility Companies Head Into a Cloudy Future
Moody’s Gives Regulated Utilities a Negative Outlook for the First Time The credit rating agency said tax reform pushed its regulated utility outlook into uncertain territory. For the first time since it began rating sectors, Moody’s Investors Service has downgraded its overall outlook of the U.S. utility sector. The rating agency dropped credit from stable … Continue reading Moody’s Gives Regulated Utilities a Negative Outlook for the First Time
Electric utilities seeing the numbers they need to switch on more solar The route to FPL Coral Farms Solar Energy Center runs down a two-lane country road, turns at a weather-beaten sign advertising “Corn and Hay Sales,” and ambles down an unpaved road past a house with a tractor in the yard. There is the … Continue reading Electric utilities seeing the numbers they need to switch on more solar
US Grid Operators, Utilities Getting to Know their Duck Curves A phenomenon first observed in California around 2013, electricity supply-demand “duck curves” are emerging on grid systems elsewhere in the US. Utility grid customers across the New England region used more grid energy in the evening than they did during the daytime for the first … Continue reading US Grid Operators, Utilities Getting to Know their Duck Curve s
New Orleans electric utility confirms people were paid to support its power plant Power plant critics question how Entergy could not have known of PR firm’s astroturf tactics. A public relations firm, with a long history of using questionable tactics in its campaigns for energy industry clients, hired local actors to show support for a … Continue reading #New_Orleans electric utility confirms people were paid to support its power plant
Utilities must adapt before electric cars drive off with their business Recent advancements in energy technology should come as a wake-up call to Canadian utility companies. The rise of electric vehicles (EVs) in particular is already an indicator of change as batteries become more affordable, ubiquitous and desirable. According to the World Energy Markets Observatory … Continue reading Utilities must adapt before electric cars drive off with their business
How can US utilities be ready when everything changes? EY has modeled three critical tipping points for utilities on the way to a new energy system. In Europe and Oceania they’re staggered, but in the U.S., they’ll arrive in much quicker succession. EY, together with a leading global analyst house, has modeled three critical tipping … Continue reading How can US utilities be ready when everything changes?
Artificial Intelligence set to revolutionise energy & utilities industry Artificial Intelligence will change the way many industries create and deliver their products and services in the future, and energy provision is one of them. A new study from consultancy Roland Berger predicts that AI can reap efficiency gains of a fifth in utilities within five … Continue reading Artificial Intelligence set to revolutionise energy & utilities industry
Puerto Rico’s Electric Utility Hacked in Weekend Attack PREPA, the power utility company of Puerto Rico, saw its computer infrastructure suffer an attack on Sunday, but no customer records were compromised. That’s the bad and good news according to statements from the company. With no customer records compromised and no impact on the electrical grid, … Continue reading #Puerto_Rico ‘s Electric Utility #Hacked in Weekend Attack
Time is not on their side: Utilities ill-prepared for EV demand, SEPA finds It’s always dangerous to make technology predictions, but right now this feels like a sure thing: Electric vehicles are going to become popular, mainstream, common. One day, even, the standard. How and when these zero-emission vehicles are charged will be critical. With … Continue reading Time is not on their side: Utilities ill-prepared for EV demand, SEPA finds
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