Momentum towards a clean energy future continues apace. When we consider the various commitments to clean energy being made by both utilities and other corporations, efforts to electrify transportation, and the significant strides in development of clean technologies, the transition seems certain.
“Automation” has been defined as a myriad of things. Corporations have embedded RPA (Robotic Process Automation), virtual agents, artificial intelligence (AI), machine learning, and process automation into corporate services and processes.
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In business, change is constant. Organizations must continually adapt to survive in today’s competitive market. No matter what business you’re in, your organization is likely going through some sort of change – whether it’s a change in leadership, a change in direction, or a change in product offerings. And when change happens, it can be tough to manage. That’s where change management comes in.
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Digital transformation and advanced analytics are changing the way our clients do business. Since our inception in 1983, ScottMadden has been advising our clients on ways to leverage technology to deliver efficient processes and services to internal customers. We provide digital transformation and advanced analytics services across geographies and industries, including aerospace, consumer products, defense, higher education, energy, entertainment, financial services, healthcare, manufacturing, pharmaceuticals, retail, technology, telecommunications, transportation, and others. Whether we are designing a proof of concept or implementing a broader digital strategy, we ensure our clients achieve the business value desired.
Our client, a major US electric utility, announced an enterprise goal to deploy and integrate 10GW of solar to their generation mix by 2035. The company faced several challenges in meeting this target, including a significant interconnection queue backlog, high demand for renewable energy credits (RECs) from corporate customers, long project lead times, and a lack of internal capabilities to accommodate the significant increase in solar energy on the grid. ScottMadden developed a utility-scale solar strategy to help our client evaluate procurement methods, develop a land acquisition methodology, identify internal resource and capability gaps, and streamline internal processes.
To take advantage of an acquisition opportunity, our client, a power generation investment firm, contacted ScottMadden to support the diligence of an in-development utility-scale wind energy power plant. The asset had run into permitting issues and was at risk of being discontinued. Our client, who had extensive power generation permitting experience, hoped to buy the plant at a discount, resolve the issues, and divest the asset for a multiple of the original
cost. Our consultants were brought in to validate the bid price and guide the purchasing strategy.
As the world becomes increasingly digitized, the demand for reliable and resilient utilities is higher than ever before. Outages can have a major impact on both businesses and consumers, so utilities must have a robust supply chain that can withstand disruptions.
In celebration of Women’s History Month and International Women’s Day, ScottMadden is honored to feature Kathy Betty—ScottMadden’s first female partner and first female board member. Learn more about Kathy’s trailblazing ways below!
Our client, a mid-sized vertically integrated electric utility, announced one of the most aggressive net-zero carbon emissions goals in the United States. The company embarked on a long-term resource planning effort to meet this goal while maintaining reliability and affordability. The client faced several common challenges in this effort, including the consideration of a multitude of options, technology readiness, context and suitability for their territory, and the absence of a regulatory mandate that would require them to pursue lowcarbon options. ScottMadden was engaged to facilitate a long-term resource strategy that could meet ambitious decarbonization goals while maintaining (or improving upon) today’s levels of reliability.
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.