2017 Fall Accounting Conference – Highlights
ScottMadden presented at the EEI Fall Accounting Conference to share our key highlights related to:
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ScottMadden presented at the EEI Fall Accounting Conference to share our key highlights related to:
To coincide with the release of the latest Energy Industry Update, ScottMadden joined forces with Energy Central to present an interactive webinar, “ScottMadden’s Energy Industry Update – Generation to Generation: An Energy Evolution.” During this session, our industry experts shared their views and fielded questions related to bid-based wholesale power markets, the future of utility-scale solar, and grid investment.
Our energy industry is evolving. It is a time of surprising developments and new ideas. Themed “Generation to Generation: An Energy Evolution,” this Update examines the direction and magnitude of some of the changes and the forces in play.
Large utilities with multiple natural gas local distribution companies (LDCs) are challenged with realizing the true cost benefits of leveraging best practices available across their systems. In the last few decades, the energy sector has seen slow economic and demand growth and, in some cases, declining energy sales, leading many utilities to seek growth through acquisition. Also, as non-fuel costs and infrastructure replacement requirements continue to increase for gas LDCs, the need to identify operational efficiencies persist.
What can smart solar do for the grid? Higher penetrations of utility-scale solar are coming. Dive into this article to learn more about the potential for solar to provide more than just energy.
Recently, Stuart Pearman, partner and energy practice lead at ScottMadden, and Courtney Jackson, partner and human capital management practice lead at ScottMadden, reviewed strategic workforce planning at the EEI Strategic Issues Roundtable event. This presentation addressed the top questions on everyone’s mind: Why? Who? What? Where? How? For a quick recap, please see below.
In this presentation, we will look at the operational considerations for joining the Energy Imbalance Market (EIM) across the following categories: marketing and trading, transmission operations, generation, governance, and long-term planning.
At EUCI’s Negotiation and Purchasing Strategies for Gas-Fired Power Generation Equipment Conference, a partner at ScottMadden, discussed major trends in the large power generation equipment market.
Harvesting the benefits you expect from advanced metering infrastructure (AMI) and smart grid is not as easy as you might think. AMI is enabling the connected future, but it’s challenging. Download this report to learn how AMI and smart meters are being deployed, the benefits you should be harvesting, and how ScottMadden can help support your journey.
Slow economic and demand growth coupled with increased penetration of distributed energy resources (including energy efficiency) has resulted in declining energy industry sales and revenues. Many companies have witnessed their non-fuel O&M costs increase in the face of rapidly declining generation and sales, creating an unsustainable environment (see charts below). To avoid increasing energy rates and further eroding sales, companies are looking to reduce costs to meet shareholder expectations. This document provides an overview of the steps that you can take to achieve sustainable cost reductions.
Good nuclear plant performance depends in large part on how well each of the individual functional areas are performing (operations, maintenance, engineering, etc.). When all functions are performing well, the plant will perform well. Good nuclear operators have learned that it is better to identify and address performance declines in individual functional areas early before they lead to a more systemic performance declines. In addition, a focus on functional area improvement may be an important strategy as a part of an overall plant improvement effort.
ScottMadden recently sponsored and presented at SSON’s Shared Services for Finance & Accounting event. This event offered a unique platform for attendees to gain the proper knowledge to evaluate the impact of intelligent automation, grow their shared services operations from a North American focus to global one, and transform their service delivery into the indispensable backbone of the business. Here, Brad DeMent served as chairman and reported the top takeaway’s
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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.