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State of Industry



Changing Utility Business Models And Electricity Investment In Europe

The traditional utility business model of selling electricity from large-scale thermal power plants and expanding grids to meet rising demand historically has supported strong balance sheets. With this financial strength, utility retained earnings served as the primary financing source for the...

Biden’s Green Vision vs. Trump’s Traditional Energy Policies

In the ever-evolving landscape of U.S. climate policy, the 2024 presidential race highlights a significant divergence between candidates on the future of climate change and energy strategy. The contrasting visions of President Joe Biden's administration and former President Donald Trump underscore...

How Canada is Using Data to Turn Good Intentions into Climate Action

As the world grapples with the urgent challenges of climate change, Canada stands at the forefront of innovative approaches to transform good intentions into meaningful climate action. With a commitment to achieving net-zero emissions by 2050, Canada is leveraging data-driven strategies to inform...

Power Grid Hacking: US Government Condemns Russia

WASHINGTON – Russia is involved in U.S. Power Grid Hacking, nuclear facilities, water processing plants, aviation systems, and other critical infrastructure that millions of Americans rely on, according to a new joint analysis by the FBI and the Department of Homeland Security. In an...

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,...

State of Industry

North Carolina Town Sues Duke Energy for Climate Fraud

A small town in North Carolina has filed a lawsuit against Duke Energy, one of the largest utility companies in the United States, alleging that the company has been deceptive in its efforts to downplay the environmental impact of its operations. The lawsuit, filed by the town of Smithfield, claims that Duke Energy misled the public and investors about its role in contributing to climate change and has failed to take meaningful steps to reduce...

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