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State of Industry


Utilities Await New Physical Security Standard

U.S. regulator takes next step in approving physical security standard BY PHILL FELTHAM, Editor-in-Chief Electricity Today Magazine Recently, the Federal Energy Regulatory Commission (FERC) announced a proposal to approve the physical security reliability standard (CIP-014-1), submitted by the...

Distributed Energy Poised for ‘Explosive Growth’ on the US Grid

Distributed energy resources are poised for “explosive growth” across the United States over the next five years. U.S. utilities “need to change, and are slowly changing,” how they plan, operate and maintain their distribution grids to adapt.That’s how Ben Kellison,...


Duke Energy Florida Adds 300 MW with Four New Solar Projects

Duke Energy Florida has announced plans to build four new utility-scale solar energy facilities across the state, aimed at adding 300 megawatts (MW) of renewable energy to the grid. This expansion is part of the company’s broader strategy to increase its solar generation capacity and...

Trudeau Liberals in Turmoil Over Energy and Climate Change Policies

The Trudeau government is facing increasing turmoil over its energy and climate change policies, reflecting a broader crisis of coherence within Canadian environmental and energy strategy. As the Liberal administration grapples with internal dissent and external pressures, the nation watches...

PG&E Shows Utility Stocks Aren’t Boring Anymore

It wasn’t so long ago that investors saw utilities as safe, boring, and modestly profitable. With dependable revenue from monthly electric bills and regular dividends, they were a favorite among penny-saving retirees and portfolio managers wanting to hedge against volatility in the broader...

State of Industry

utility consumer

How utilities can keep the lights on

Utilities worldwide have been on a roller-coaster ride, and an often painful one, over the past decade. Despite the sharp growth in global demand for electricity, many utilities have lost value or posted below-average returns. A McKinsey analysis of 50 major publicly listed utilities from Asia, Europe, and North America showed average total cumulative returns to shareholders of about 1 percent from July 2007 to July 2017, compared with 55 percent for the MSCI World...

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