Anyone familiar with Disney films will know the song “Under the Sea” from their adaptation of The Little Mermaid by Denmark’s Hans Christian Andersen. How appropriate then that part of Denmark’s clean energy focus is under the sea with carbon capture and sequestration (CCS). Denmark also anticipates converting energy from the air with offshore turbines and moving green hydrogen through the region by ship and via onshore pipelines.
As electric vehicle (EV) adoption in the U.S. continues to accelerate, making direct current fast charging (DCFC) stations more widely available is a key objective of both industry and state and federal government. More than 34,000 DCFC ports have already been installed at over 8,100 locations across the U.S.
Slower economic growth coupled with inflation and rising interest rates has resulted in cost pressures across multiple industries. Many companies have witnessed their costs increase in the face of revenue challenges, creating an unsustainable environment. In response, companies are looking to reduce costs to retain customers, manage finances, and meet shareholder expectations. Corporate Services leaders may be charged with savings in their specific functional domain or may be required to lead organization-wide savings initiatives under financial or restructuring objectives. Each mandate, regardless of scope, requires a methodical approach. Our proven, seven-step approach described below showcases the importance of the right steps in the right order to make the biggest impact.
Talha Sheikh, a director at ScottMadden, joined the firm in 2015 after receiving an M.B.A. in marketing and business analytics from the University of South Carolina. Talha works in the firm’s Rates and Regulation practice area and is heavily involved in the Rates and Regulation CoP. He also holds a B.B.A. in marketing and financial analysis from the Institute of Business Administration, Karachi.
Matthew Haggart is a manager with ScottMadden. Prior to joining the firm in January 2023, Matthew served for more than ten years as a Green Beret in the Army’s Special Forces. He holds an MBA, with a focus in finance and strategy, from the University of Georgia’s Terry School of Business. Outside of work, Matthew has a family of five and serves as a board member for the Special Forces Foundation and the Creek and Timber Legacy Foundation, both of which provide aid to the veteran community and children in need while advocating for mental and physical health resources.
Federal Energy Regulatory Commission (FERC) Commissioner Christie recently noted: “The United States is heading for a reliability crisis…. Dispatchable generating resources are retiring far too quickly and in quantities that threaten our ability to keep the lights on.”
While families gathered for a long holiday weekend in late December 2022, the bulk power system narrowly avoided cascading outages across the Eastern Interconnection.
As of this writing, we are well over three years beyond the initial shock of the COVID-19 pandemic. Utilities have been dealing with post-COVID whipsaw effects of higher prices, higher interest rates, and evolving objectives.
In 2017, shared services conferences buzzed with anticipation as banners proclaimed, “The robots are coming!” with robotic process automation (RPA) and chatbot technologies creating a wave of excitement soon followed by conversational agents, blockchain, and artificial intelligence (AI) promises. Though these technologies have created value in particular parts of our shared services processes, none have yet to revolutionize
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Our client, a world leader in scientific instrumentation, has grown through technological innovation, commercial excellence, and strength in emerging markets. The company has also enhanced its capabilities and market reach through complementary acquisitions. As acquired businesses integrated into the corporation, disparate Human Resources (HR) policies and the need for standardized HR processes and systems became increasingly evident. To support the organization’s growth, goals, and objectives,
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Sussex Economic Advisors is now part of ScottMadden. We invite you to learn more about our expanded firm. Please use the Contact Us form to request additional information.
