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State of Industry


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...

New York's Path to 8.5 GW of Grid Flexibility by 2040

New York State's transition to a clean, zero-emissions energy grid could include up to 8.5 gigawatts (GW) of grid flexibility by 2040, according to a new report from the Brattle Group. This projection, while contingent on achieving ambitious decarbonization goals, illustrates how the state could...

Power Sector Reacts to Canada's New Chief

Canada has a new Prime Minister. Justin Trudeau, a second generation politician, will take the Prime Minister’s Office shortly. Of course, when any new government steps into power, uncertainty follows suit. How will the change in political power affect North America’s power sector? The...

Working with Third-Party Companies

How utilities can outsource essential functions or services BY ASBURY GAULT, Zenius LLC In today’s business world with ever-increasing employee benefit costs, regulated utilities are challenged with reducing their costs for the benefit of all stakeholders. This force is driving utility managers...

Shedding Light on North America's Power System

What is next for the century-old electricity grid? BY MALCOLM METCALFE, ENBALA Power Networks Today’s power system is undergoing a paradigm shift that is changing many fundamental design principles that have been in use for nearly 100 years. The existing grid has been carefully planned and...

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

utility market investments

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 market. That was then. Things first began to change with the deregulation of the 1990s, but global warming and rooftop solar panels have also been steadily chipping away at the notion that...

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