Utility Week’s Post

For the ninth year in a row, Guidehouse and Public Utilities Fortnightly have collaborated on the State and Future of the Power Industry report. Discover expert insights on the key changes and trends driving the utility industry forward: https://lnkd.in/eecCpDYw #utilities #powerindustry

Top stories today (£) ⚡ Stark backtracks on feasibility of 2030 target https://buff.ly/3TzE8x0 The government’s target to decarbonise the electricity system by 2030 is at the “the fringes” of what is possible, Chris Stark has admitted. It represents a backtracking from the head of Mission Control for Clean Power 2030, who previously stated that the target was not feasible in his previous role as chief executive of the Climate Change Committee. However, Stark stressed that the 2030 target will not be delivered without further policy reforms. 💷 Water woes put spotlight on energy networks’ finances https://buff.ly/3XMZPMG Ofgem has proposed a review of the ring-fencing arrangements for energy networks to prevent the emergence of problems that have been seen in the retail and water sectors in recent years. The regulator said changes in the ownership and corporate structure of energy networks have reduced the level of scrutiny they face and left them more susceptible to financial engineering. 💧 Supply chain bemoans water companies’ lack of innovation https://buff.ly/3XzLfGP Water companies need to better engage with suppliers, contractors and consultants to embed a culture of innovation after a sector-wide survey of supply chain partners showed a low willingness to adopt innovation. The survey rated each UK water and wastewater company on 12 categories including professionalism, contractual approach and communication.

Our 2022-2023 annual report chronicles the substantial progress we’ve made in serving the best interests of District residents and businesses, and in serving as a leading national model for clean energy initiatives. Read the report: https://bit.ly/DCPSC-AR-SR

Commissions across the country, including here in Wisconsin, are considering performance-based incentives as a way to align investor-owned utilities' interests with the public interest. This article by the folks at the Regulatory Assistance Project (RAP) untangles some of the foundational finance--a necessary starting point for implementing performance-based regulation and supporting a just energy transition.

Did you miss our last webinar? Catch the replay! Unlocking the financial potential of your building's decarbonization efforts is crucial, but it raises important questions. How do you verify carbon savings? Are RECs effective? What role do demand-side energy resources play? In our latest webinar, McGee Young, CEO and Founder of WattCarbon, and Boaz Ur, Nostromo’s Chief Business Development Officer, delved into the financial intricacies of carbon markets. They also discussed overcoming the barriers to investing in decarbonization. Don’t miss out on this insightful discussion! Watch it here  👉 https://lnkd.in/dJAdfBfB And in case you missed it, here’s a link to our previous webinar on Tax credits and subsidies for Energy Storage in C&I Buildings: https://lnkd.in/dTkXiA6N #CoolingGlobalWarming #TES #EnergyStorage #decarbonization #DemandFlexibility

Your talk as Nuclear (meaning only Fission) and fails to talk about fusion. https://lnkd.in/ge_aeX7M You are, as the nuclear fission industry is, ignorant of what's happening around you. Pull your uranium heads out, start adjusting your industry to fusion energy and start preparing to enter the commercially growing fusion energy industry. As it dawns on Earth like the sun. Great Headline Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR Fission is moving towards obsolescence at an accelerated pace, as it is "out of step, out of time, out of place," and merely a temporary industry globally. https://lnkd.in/gbd_mZqk Commercial fusion electrical generation is a promising and innovative method of producing sustainable and clean energy. By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now see what news is happening in the Fusion industry in the world. https://lnkd.in/g9hMBD7a As fission trebles, fission fuel shortage is increasingly real, as linked below. https://lnkd.in/gze5rwpr

JUST IN: Dive into our CEO Gabe Phillips' latest interview with SaveOnEnergy.com! Discover how your business can save on electricity costs while reducing its carbon footprint by embracing clean energy solutions. This insightful article explores the pros and cons of five energy-efficient alternatives to help your business build a more sustainable future. 🌍💡https://lnkd.in/endSZ9Nt

Our energy, environment, and infrastructure leader Anne C. shares how we’re working hand-in-hand with utilities to solve the complex and interconnected challenges facing the industry. Dive deeper into how we’re doing this: https://okt.to/mnJdPi

On Thursday afternoon, be sure to check out this MYEF session on Utility Disconnection Policy – Should it be Changing with the Times? The COVID pandemic, increasingly severe weather events, and the energy transition have given rise to new thinking on utility disconnection policies. Panelists will discuss trends in utility disconnection policy, pressures on utilities, customers, and regulators, and how thinking on utility disconnection policies is changing. https://lnkd.in/g2_gsZum

Our Connections Manager, Oliver, recently shared his insights with Current± on how grid connection delays are holding back clean energy projects. He discusses Ofgem’s proposed reforms, the challenges developers face, and how we are addressing grid constraints through innovative solutions. ⚡️ Curious how Oliver stays ahead of changes in the energy sector? Read his full blog on how he keeps up to date with developments within the energy sector here ➡ https://lnkd.in/eJAYdTHX #GridConnections #NetZero #CleanEnergy #IndustryInsights #OfgemReforms