Utilities are facing unprecedented levels of change. From creating and implementing green strategies, selecting and adopting new technologies, and finding and mitigating cybersecurity vulnerabilities, the pace of change is incredible and is not expected to slow. Utilities themselves, however, are in the business of making longer term investments to provide essential services. So, how do utilities balance the increasing pace of change with the longer time horizon needed for its investments? This is like asking why we should change the way we deliver electricity when wires and poles have already been built and have many years of useful life ahead of them. Here are three questions to consider for utilities who are deciding when and how often to change in response to increasing internal and external change pressures:
What is the cost and payoff? – consider both the cost of action (to change), but also the cost of inaction (resisting change). The latter is less thought of but equally important. The &ls ...
Jim Fonger, VP Asset& Advanced Technology Development, Ameresco
jfonger@ameresco.com
If, like me, you are of a certain age then you watched the Jetsons as a kid. Believe it or not that little cartoon successfully predicted the advent of video calls, robot vacuums, smart watches, drones, holograms, tablets, and flat screen TVs. But the thing everybody really wanted was the flying car. I really like my electric vehicle and it looks like a Jetson car, but it does not fly. I bought my EV and made other changes to my lifestyle because I am greatly concerned about one thing the Jetsons did not predict: climate change.
At last count 1,935 jurisdictions in 34 countries have declared a climate emergency, according to the Climate Emergency Declaration. This reflects the Intergovernmental Panel on Climate Change (IPCC) warning that we have only 12 years to keep global warming to a maximum of 1.5 degrees. Beyond this would significantly worsen the risk to hundreds of millions of people of extreme ...
Sponsored by: AMERESCO
If, like me, you are of a certain age then you watched the Jetsons as a kid. Believe it or not that little cartoon successfully predicted the advent of video calls, robot vacuums, smart watches, drones, holograms, tablets, and flat screen TVs. But the thing everybody really wanted was the flying car. I really like my electric vehicle and it looks like a Jetson car, but it does not fly. I bought my EV and made other changes to my lifestyle because I am greatly concerned about one thing the Jetsons did not predict: climate change.
Sponsored by: Grant Thornton LLP
For the past few decades, the Ontario electricity distribution market has seen significant consolidation – with minimal changes to the process. Key aspects like rationale, deal process, and documentation have remained relatively unchanged; however, in the past ten years, we have noticed a shift in the following: