Three Ways Electric Utilities Can Avoid A Death Spiral In the summer of 2016, two high-profile investment advisors declared “The Sun Will Set on Electric Utilities” in a well-read Barron’s article. Citing rising fixed costs and competition from energy storage and microgrids, Leonard Hyman and William Tilles predicted a “death spiral” for utilities where rising … Continue reading Three Ways Electric Utilities Can Avoid A Death Spiral
Power Is Back on in Florida, but Utilities Still Under Fire TALLAHASSEE, Fla. (AP) — After a massive restoration effort, most of Florida has power 10 days after Hurricane Irma knocked out electricity to nearly two-thirds of the state, mostly because of improvements made to the power grid since Hurricane Wilma 12 years ago. But … Continue reading Power Is Back on in #Florida, but Utilities Still Under Fire
Utilities Line Up to Profit From ‘Slowest Trainwreck’ in History The unrelenting plunge of power prices will benefit companies that can withstand new challenges from upstart wind and solar newcomers, according to two of Europe’s biggest utilities. Only large companies with diverse portfolios and resources will have the weight to compete against renewable projects that … Continue reading Utilities Line Up to Profit From ‘Slowest Trainwreck’ in History
US regulators must break out of current molds, embrace new technology New technologies poised to modernize the grid and give consumers more choice in their energy decisions risk being mired in policy discussions and never getting to commercialization if regulators do not begin to break out of their current approaches, a utility executive said at … Continue reading US regulators must break out of current molds, embrace new technology
Op-ed: The natural monopoly business model works Thinkers of great thoughts like Michael Giberson and Ethan Dursteler (Deseret News Opinion, Aug. 3) can be excused for advocating (once again) for electric utility deregulation because they have never actually operated an electric utility system. However, they should not be excused for ignoring the lessons of history … Continue reading The natural monopoly business model works
Top utility companies in US The US electric utility industry has seen some of the biggest mergers in recent years, with Duke Energy and Exelon emerging as the major players in the space. In June 2012, Duke Energy merged with Progress Energy, growing its customer base significantly. In the same year, Exelon merged with Constellation … Continue reading Top utility companies in US
Severing ties with utilities isn’t as easy as cutting the cable cord If disaster ever struck, Joe Fleischmann could keep the lights, refrigerator and big-screen TV running in his Orange County home, even if the power company went dark. Fleischmann is an early adopter of home energy storage: In his garage is a battery strong … Continue reading Severing ties with utilities isn’t as easy as cutting the cable cord
How to Get Better Results From Utility Pilot Projects When it comes to trying out new things, many utilities are notoriously slow-moving and risk-averse, and many of their pilot projects can be ineffective as a result. So how do you change an industry that moves slowly but is nonetheless undergoing a major energy and digital … Continue reading How to Get Better Results From Utility Pilot Projects
A New M&A Strategy for Utilities Utilities seeking to expand must be able to negotiate regulatory complexity while planning and executing deals effectively. In April, Texas regulators rejected a bid by Florida utility giant NextEra Energy to acquire Dallas-based Oncor Electric, whose parent company was in bankruptcy. The regulators expressed concern that Oncor’s new board … Continue reading A New M&A Strategy for Utilities
McKinsey: Cheaper batteries present imminent threat of load defection for utilities Energy storage prices are falling faster than anyone expected, with battery costs down to less than $230/kWh in 2016 from almost $1,000/kWh in 2010, McKinsey noted. The cost declines are being driven by a growing market for consumer electronics and demand for electric vehicles. … Continue reading McKinsey: Cheaper batteries present imminent threat of load defection for utilities
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