Managing Through Uncertain Times

The ScottMadden Energy Industry Update

With the meltdown of the credit markets and the deepening of worldwide recession, energy and utility companies are tightening their belts and contemplating how to position for future opportunities. The drumbeat of sustainable management, energy efficiency, and carbon constraint continues to exert force on the energy and utilities sectors, requiring the development of new strategies and measures, even in uncertain economic times. In this issue of ScottMadden’s Energy Industry Update (EIU), we look at these developments.

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The Energy Industry Update - Volume 16 - Issue 2

The energy industry is changing, and its regulatory and financial moorings are shifting. Competitive markets combined with other factors may lead to early nuclear unit retirement. Continuing changes in energy supply and demand patterns create a complex operation environment for electric utilities. Federal and state policy lines are beginning to blur as states have been increasingly intervening in FERC domain seeking favorable outcomes for their citizens and other local constituencies. In our Update, themed “As Yogi Berra Might Say…,” we look at the unusual picture drawn by the juxtaposition of these changes.

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