White Paper

Four Keys to a Successful Grid Modernization Program

September 17, 2019

Transformative shifts in customer expectations, advances in technology, and changes to the generation mix are driving utilities to reassess how they plan and operate their grids and whether they have the appropriate set of tools and technologies to do so. Complicating matters, state lawmakers, governors, and regulators are layering policy objectives on top of these trends, often with mandates for the procurement or integration of clean or distributed energy resources (DER). Spurred by this combination of drivers, often labeled “grid modernization,” utilities are wrestling with key questions, such as:


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Remodeling the Model: Top Five Ways to Repair, Renovate, or Rebuild Your HR Services

August 19, 2019

Many businesses have transformed their HR services through strong leadership, technical innovation, and support from outside partners. ScottMadden has partnered with countless organizations, providing solutions and tools to help rebuild their service models and inspire growth across the entire business.


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From Firefighter to Leader: Implementing a New and More Effective HR Service Model

August 19, 2019

One of the best ways for HR organizations to create business impact is through a strong, efficient HR delivery model. Tremendous innovation in HR services has created opportunity to transform employee experiences and add greater value to the business. Yet, too many HR leaders are working within an outdated framework that seems to be collapsing under its own weight.


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Shaping a Path Toward High-Renewable Penetration: A Comparison of Utility-Scale and Distributed Renewables

August 12, 2019

Overview

Over the last decade, the proliferation of renewable generation has changed how owners and operators manage the economic and operational aspects of the grid from planning through the delivery of energy. While there are some common benefits and challenges to integrating renewables, not all renewables are created equal. Going forward, utility strategies will need to consider the important differences between utility-scale and distributed renewables and how best to integrate and effectively manage these resources to maximize benefit to customers and the grid. Should states with low-renewable penetration today try to shape their path? And if so, what tools or strategies can they use to arrive at the best outcomes?


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Materiality Assessments for Electric Utilities

July 26, 2019

With 78% of the S&P 500 now publishing sustainability reports, non-financial reporting is becoming essential for companies looking to manage risk and capture opportunities in a changing business environment.[1] The widespread adoption of reporting on environmental, social, and governance (ESG) issues is driven by investors aiming to predict long-term financial performance, which is increasingly influenced by ESG data and information. The reporting trend is clear, but how does
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Payment Options for Today’s Talent Profiles: The Workforce of the Future Is Here—Is Your Pay Model Ready?

June 18, 2019

Organizations are working on more flexible payment options, including same-day pay, as an incentive to attract and retain top talent within a tight and “gig” economy-focused labor market.


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Changing Finance Skillsets in a Digital World: How the Wave of Technology Is Changing the Skillsets Financial Employees Need

June 14, 2019

A DAY IN THE LIFE OF SUSAN

Susan, a well-respected director at a large multinational luxury retail corporation, walks in on Day 1 of the monthly close process. Susan begins to review a new set of reports that were just run prior to her arrival. The data visualization report shows the validated month-end activity sitting in the distributed ledger, as well as a forecast of the month-end revenue and expenses.
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The Race to Recruit: How Leading Healthcare Organizations Are Winning the Talent Acquisition Challenge

June 7, 2019

The workforce shortage is changing the way healthcare organizations attract, engage, and retain talent. The race to recruit is on.


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Spinning Our Wheels: How Nuclear Plant Closures Threaten to Offset Gains from Renewables

June 4, 2019

The United States has worked to combat climate change by focusing on lowering the greenhouse gas (GHG) emissions from the electric generation sector. One key strategy has been to invest in the growth of renewables, principally solar and wind. This strategy, underpinned by tax incentives, has helped wind and solar grow from 1.3% in 2008 to 8.8% in 2018 of the electricity produced in the United States. Adding that to existing hydro and nuclear (both GHG emission free), the United States now gets 35.2% of its generation from clean sources (chart 1). That is the good news.


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New York Energy Storage Order

May 9, 2019

Introduction

On December 13, 2018, the New York Public Service Commission (PSC) issued an Order[1] setting energy storage targets for New York state and establishing policies to drive energy storage development. The Order enacted many of the recommendations from the New York State Energy Storage Roadmap,[2] published in June 2018 by the New York State Department of Public Service (DPS) and New York State Energy Research and
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Charging Up: A Review of Electric Vehicle Workplace Charging

April 1, 2019

The United States hit an electric vehicle milestone late last year. In October 2018, we crossed the threshold of one million plug-in electric vehicles sold. Electric vehicle sales are forecasted to expand even faster as new models become available to consumers. You would think that this means only positive environmental and economic outcomes.


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Five Keys to a Successful Shared Services Transformation

March 19, 2019

Is your organization ready to implement a leading practices shared services delivery model? When organizations effectively implement a shared services delivery model, they can benefit from improved customer experience, better cost control, heightened scalability and integration, and improved transparency across enterprise data. In order to achieve these results, outlining a clear vision, maintaining support from stakeholders, forming an effective implementation team, calculating the benefits, and ensuring an effective framework for change are necessary elements for success. We have identified five key steps to ensure the successful transformation to a leading practices shared services delivery model.


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Welcome to ScottMadden!

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.