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,...
As the world grapples with reliability, affordability sustainability, and the demand for clean energy solutions, this podcast looks into how the utility industry must transition to meet future needs. Check out this recent episode of the Energy Central Power...
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...
While families gathered for a long holiday weekend in late December 2022, the bulk power system narrowly avoided cascading outages across the Eastern Interconnection. Winter Storm Elliott brought Arctic air and strong winds that resulted in unplanned outages of more...
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. During and before the pandemic—from 2019...