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Automated Reference Checking Saves You a Headache

November 10, 2017

The value of candidate reference checks is hotly debated within talent acquisition organizations as a step in the selection and hiring process. Advocates of reference checking claim invaluable benefits; they are able to verify a candidate’s experience and gain clarity on an individual’s performance. Naysayers insist the process is too labor intensive and minimal insights are gleaned from the referring companies. While opinions differ greatly between industries and companies, an option you may consider is subscribing to an automated reference checking tool.


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Tech Straight Talk: RPA Utilization within Payroll

October 16, 2017

Processing payroll consists of many routine and administrative activities, with every pay cycle demanding accuracy, timeliness, and well-planned coordination across multiple organizational entities. While high-quality service is expected, senior business stakeholders tend to see payroll as a tactical area of the business, and there is pressure to keep costs low.


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EPA Announces Repeal of Obama’s Clean Power Plan

October 11, 2017

The Environmental Protection Agency (EPA), under the new leadership of former Republican Attorney General for Oklahoma Scott Pruitt, is expected to officially repeal the Clean Power Plan (CPP).
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Aliso Canyon Natural Gas Storage Facility Cleared for the Resumption of Operations

September 25, 2017

On July 19, 2017, Southern California Gas Company (SoCalGas) was notified that the prohibition on natural gas injection was conditionally lifted from its Aliso Canyon natural gas storage facility. This operational restriction was put in place in December 2015 due to a significant leak that was detected in October of that year. The leak, which emitted approximately 100,000 metric tons of methane, displaced thousands of families in the affected area. Upon fulfilling the conditional requirements, SoCalGas can start operating under new terms.


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South Texas Project Produces Nuclear Power throughout Hurricane Harvey

September 21, 2017

On August 25, Hurricane Harvey made landfall in south-central Texas as a category 4 storm with 130-mph sustained winds, heavy rain, and devastating storm surge in coastal areas. Despite being in the affected region and calls from three watchdog groups to shut down the plant, the South Texas Project (STP) nuclear power station continued to generate power at full capacity throughout the historic event.


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Georgia Power Recommends Completing Vogtle

September 1, 2017

Southern Company subsidiary Georgia Power, with agreement from the other three co-owners (Oglethorpe Power, MEAG Power, and Dalton Utilities), has filed its recommendation with the Georgia Public Service Commission to complete the Plant Vogtle Units 3 and 4 project. The Vogtle project has been plagued by cost overruns, delays, and the bankruptcy of Westinghouse, the project’s original contractor, and caused many to examine whether the project should be completed. Units 3 and 4 were originally expected to be completed at a cost of $14.3B and were scheduled to be online in 2016 and 2017, respectively. Cost overruns and delays have caused the estimated cost of the project to increase to more than $25B and estimated online dates to be pushed out five years.


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Tech Straight Talk: How Will Automation Impact Jobs and What Are the Benefits?

August 15, 2017

As process automation becomes prevalent, its impact on today’s jobs is clearer. Data on the benefits of automating these jobs is also being reported. The findings show that up to a third of jobs will be impacted by automation, and its benefits are material. Recent research has revealed the following findings:


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Floating Nuclear Power: A Resurfacing Concept

July 17, 2017

The concept of floating nuclear power plants recently resurfaced. It is under review in Siberia, led by Russia, and a potential fleet is under consideration for the South China Sea by China. Sounds like something from science fiction except that it was contemplated almost 50 years in the past. PSE&G contracted to have two nuclear power plants built at a shipyard in Florida and then floated up to the New Jersey coast. The project was cancelled in 1978 in part because the 1970s energy crisis caused local power demand to fall off.


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Outlook for U.S. Coal and Oil Electric Generation Industry with Exit out of the Paris Climate Accord

July 11, 2017

President Donald Trump, as expected, pulled the United States out of the Paris Climate Accord negotiated and agreed to in late 2015. Does it matter? Will doing so have ramifications for the U.S. coal and/or oil electric generation industries?


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Combined Operating Licenses Provide Nuclear Options for the Future

July 10, 2017

Given recent significant challenges to the economics of the nuclear generation industry, it makes sense that development of new nuclear generation is extremely limited. However, that does not mean that utilities are not keeping their options open for future nuclear development. Combined Operating Licenses (COLs) issued by the NRC provide power companies the option to defer potential nuclear plant development into the future. The COLs provide an “option value” to utilities as they make bets on the future energy market.


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Energy Markets and Fossil Generation, Not Competitive or Not Fair?

June 22, 2017

Some market participants are expressing concerns over “around-market” or “extra-market” energy policies, such as zero-emissions credits for nuclear generators and subsidies for renewable generators. These policies are found in energy markets, including independent system operators (ISOs) and regional transmission organizations (RTOs), which are accountable for administering their regions’ wholesale electricity markets and providing reliability planning for the regions’ bulk electricity system.


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Fossil Has More than 50% of Energy Industry Jobs yet Renewables Drive Future

June 21, 2017

In 2016, according to a U.S. Department of Energy and Employment report, 56% of energy industry jobs involved in power creation stemmed from oil, natural gas, and coal. Solar had the most jobs in the renewables space and was second only to oil in total jobs. Future energy sector job growth will be driven primarily by renewables.


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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.