Utility O&M: models for private sector participation The utility business environment has been evolving over recent years, and utilities have had to look at alternative ways of managing their business. Operations and maintenance (O&M) forms a core business area for power utilities and has started getting a lot of attention due to its strategic impact … Continue reading Utility O&M: models for private sector participation
Does your utility have a survival strategy? Historically, regulated industries have been slow to embrace disruptive technologies relative to their peers. For decades, their monopoly status removed competitive pressures to innovate and retain their customer base. But my, how times have changed. With non-traditional providers and solutions emerging every day, the traditional utility as we … Continue reading Does your utility have a survival strategy?
Will Utilities Roar Again in the ‘20s? Customer engagement insights from the era when the electric utility industry was considered “high tech” apply now more than ever before In just 16 months, a full century will stand between us and the start of the decade known as “The Roaring Twenties.” There is a youthful enthusiasm … Continue reading Will Utilities Roar Again in the ‘20s?
Utilities Prepare for Increased Cyberattacks on the Electric Grid More electric utilities and energy companies are turning to cybersecurity vendors for protection against attempted attacks, a growing threat highlighted by the recent disclosure of Russian hacking into their communications networks last year. The U.S. utility sector faces millions of attempted cyber intrusions a day. Duke … Continue reading Utilities Prepare for Increased Cyberattacks on the Electric Grid
An offer utilities can’t refuse: The low cost of utility-scale solar New numbers show the “beautiful friendship” between utilities and solar is growing and bringing the U.S. power system’s transition to higher renewables penetrations along. “Utilities of all kinds and in many places are accelerating from zero to 100 on solar in response to record-low … Continue reading An offer utilities can’t refuse: The low cost of utility-scale solar
California Wildfires Set Off Political Fight Over Who Should Pay For Damage As 17 fires burn across the state, California’s legislature is grappling with what it should do to help residents cope with blazes. The most controversial question facing the state is a decision over who should pay when power lines touch off destructive blazes. … Continue reading #California #Wildfires Set Off Political Fight Over Who Should Pay For Damage
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