strategy
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Commentary
Demonstrating Electricity Value: Customer Satisfaction as a Utility Business Strategy
Like many other household goods, the average monthly residential electric bill in the U.S. continues to increase. In 2024, bills hit an average of $182, an 8% increase over the past two years. Though the causes of the increases are well documented—inflation, the hottest summer ever recorded and an increased need to harden infrastructure due […]
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O&M
Four O&M Strategies to Give Your Solar Asset Efficiency a Boost
As the solar industry matures, pressure for asset owners to deliver higher returns continues to mount. Not surprisingly, so has the demand to improve operations and maintenance (O&M) efficiency – the single largest component of a utility-scale solar asset’s post-construction budget. Whether an asset owner performs O&M in-house, outsources to a third-party, or utilizes a […]
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News
In Energy Policy Pivot, France Will Shutter 14 Nuclear Reactors
France will shut down 14 of its 58 nuclear reactors by 2035 as well its remaining four coal power plants by 2022, French President Emmanuel Macron said November 27 in a lengthy speech that sought to clarify the country’s future energy direction. According to the World Nuclear Association, France’s nuclear power share has steadily expanded […]
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Renewables
Siemens Combining Business Units as Part of New Strategy
Siemens reported a 2% rise in industrial profit for its fiscal third quarter on August 2, topping analyst forecasts, though the German engineering giant also reported that revenue for the quarter dropped 4%. The earnings report comes as the company prepares to implement a new strategy that cuts its number of business divisions. The company […]
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Commentary
Thrive Amid Industry Disruption With a Values-Based Strategy
Jeff Foley Managing Partner and Co-Founder, Propeller With technological, regulatory and market shifts driving continued change across the global generation industry, a strong sense of purpose has never been more important. GE has one, with a values-based program targeted at increased employee compliance. Outside the industry, Zappos is another example: The online retailer is well […]