Many U.S. electric utilities plan slow decarbonization over next decade The country’s top emitting utilities are on decarbonization pathways that are too slow to meet the climate goals set forth by President-Elect Joseph Biden. Biden has promised to achieve a zero-carbon power sector by 2035 en route to reaching an economy-wide target of net-zero emissions … Continue reading Many U.S. electric utilities plan slow #decarbonization over next decade →

Where This Election Will (And Won’t) Matter For Utilities Elections always have consequences. They’re just rarely what investors think they will be—and almost never what’s declared beforehand in popular investment media. In a typical voting year, few industries would face higher stakes than regulated utilities. But this November, power, heating, communications and water companies actually … Continue reading Where This Election Will (And Won’t) Matter For Utilities →

Utilities Find Data at the Center of Operations As data becomes central to new business models in the energy utility sector, the global grid analytics market is expected to accelerate from $1.15 billion in 2018 to $2.31 billion in 2025, at a compound annual growth rate (CAGR) of 10.4%. As data becomes central to new … Continue reading Utilities Find Data at the Center of Operations →

Electric Utility Unveils New SAP System Last weekend, the Ethiopian Electric Utility (EEU) held celebrations at its primary data centre located in Addis Ababa to officially inaugurate the new SAP ERP system. The ribbon-cutting ceremony was attended by honorary guest, State Minister of the Energy Sector within the Ministry of Water, Irrigation and Electricity for … Continue reading Electric Utility Unveils New #SAP System →

Meteoric rise in demand of high-voltage cables in utility sector The total primary energy consumption in the U.S. was recorded at 101.3 quadrillion Btu in 2018 and is expected to witness consistent growth over the years, owing to the surging penetration of data centers and large communication base stations across the region. High-voltage cables allow … Continue reading Meteoric rise in demand of high-voltage cables in utility sector →

America’s utilities end 2019 on a record borrowing spree U.S. utilities have ended 2019 on record borrowing spree, selling more than $90 billion in bonds for the first time ever. The surge in debt from NextEra Energy Inc., Duke Energy Inc. and other power giants comes as interest rates are at historic lows, leaving investors … Continue reading America’s utilities end 2019 on a record borrowing spree →

Top 5 disruptions that utility execs are probably worrying about right now DistribuTECH 2019 showcases all the latest innovations and disruptions taking place in the electric utility industry. If you are one of the almost halfmillion people who work in the utility industry, no doubt you know that the industry is changing, and fast. This … Continue reading Top 5 disruptions that utility execs are probably worrying about right now →

Utilities look to Netflix audience clustering model for customer engagement As efforts to engage customers grow, utilities are looking to data analytics, online portals and personalized messaging to better understand diverse customer preferences. Efforts to make customer engagement more effective are expanding. That engagement is a crucial response to the customer demand driving the power … Continue reading Utilities look to #Netflix audience clustering model for customer engagement →