Maryland will offer tax credits for residential and commercial energy storage projects beginning in 2018. Although Maryland is not the first state to provide incentives for energy storage, the use of tax credits marks a departure from recent energy storage mandates.
Employee engagement has emerged as a key performance indicator. Studies show that highly engaged employees increase customer satisfaction, productivity, and profitability, while decreasing turnover, absenteeism, and safety incidents.
On February 27, 2017, Enbridge (headquartered in Calgary, Alberta), acquired Houston-based Spectra Energy—creating the largest energy infrastructure company in North America. The stock-for-stock deal is worth US$28.7 billion. Enbridge’s major business segments are liquid pipelines, gas distribution, gas pipelines and processing, energy services, and renewable power and transmission. The acquisition adds Spectra Energy’s gas distribution, Western Canada transmission and processing, field services, and Spectra Energy Partners businesses. The combined entity has an enterprise value of US$127 billion.
The energy world, as we know it, is changing. How are utilities responding and adapting? Themed “It’s the End of the World as We Know It (And I Feel Fine),” this Update examines the direction and magnitude of some of the changes, and what utilities are doing to prepare for and thrive in a changing world.
How is the “duck curve” evolving? How is the energy mix changing, driven in part by the competing pressures of market forces and public policy? What approaches should utilities take in hedging their natural gas needs?
What are the emerging trends and trends defining the energy industry?
How do grid transformation developments compare in California and New York? What are the potential energy policy changes under the Trump administration? What’s the latest on tax reform proposals and their potential impact on energy companies? What’s driving renewed interest in the time-honored concept of performance-based ratemaking?
What’s the latest on North American natural gas pipeline development? Emerging blockchain technology could revolutionize energy transactions. How are cities becoming increasingly “smart” and what does it mean for utilities?
Australia is a global leader in distributed solar PV. What can we learn here in the United States from the experience down under? How are solar power purchase agreements (PPAs) evolving to recognize increasing amounts of solar resources on the grid?
Consolidated Edison (Con Edison), in conjunction with FleetCarma, recently introduced the “SmartCharge New York” program. The program rewards electric vehicle (EV) owners for charging during off-peak hours and providing critical data on electric-delivery system impacts.
This best-selling food manufacturing brand began as a small family-owned butcher shop, but has since grown to a household name, with hundreds of employees and distribution in more than 40 countries. ScottMadden developed an end-to-end procure-to-pay (P2P) model that could accommodate the expected growth of this organization.
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.
