ScottMadden, Inc., one of North America’s leading energy consulting firms, will soon join industry leaders as a presenter at the annual American Nuclear Society Utility Working Conference and Vendor Technology Expo. This event, being held August 6–9 in Amelia Island, FL, provides an opportunity to learn best practices and share real-world experiences with experts from across the nuclear industry.
Ed Baker, partner and nuclear and gas practice lead at ScottMadden, will serve as a speaker in the lead-off session in the Business track where he will join Tim Hanley, Senior Vice President, Nuclear Projects at Exelon, to discuss a “no-nonsense” state of the nuclear market looking at energy price trends, secondary market subsidy impacts (i.e., investment and production tax credits, zero emission credits, etc.), and current fleet financial health and take a cursory look at the results of the Delivering the Nuclear Promise (DNP) initiative. As the forefront of energy economics and policy continues to shift from the federal to state level, Mr. Baker and Mr. Hanley will discuss how nuclear plant and fleet operators can stay competitive in this constantly changing environment.
“I always look forward to this annual gathering of industry representatives; it is truly a hands-on ‘working conference’ as attendees talk and work through real issues,” said Mr. Baker.
Jordan Gillis, a director at ScottMadden, will facilitate the session. In addition, Mr. Gillis has served as a track organizer in the Business track and helped organize a number of other sessions at this year’s conference.
“The one that I’m most looking forward to is the joint session with Maintenance and Work Management where we’ll discuss some key things that need to be in place before a plant is able to realize full gains from a DNP initiative,” said Mr. Gillis.
DNP suggests that the cost of safe operations at a nuclear plant can be reduced by 20%–30% by reducing the number of full-time employees, supplemental employees, and the amount of overtime. However, successful implementation requires that several necessary “prerequisites” are met before these reductions can be made in a way that realizes actual improvement. The session will focus on the prerequisites for cost reductions and developing a strategic approach to not only implement the bulletins, but also ensure these prerequisites are met.
“For instance, if a plant had an ineffective process before implementing DNP suggestions, DNP probably won’t heal what was ailing the process,” continued Mr. Gillis.
About ScottMadden’s Energy Practice
We know energy from the ground up. Since 1983, we have been energy consultants. We have served more than 400 clients, including 20 of the top 20 energy utilities. We have performed more than 3,000 projects across every energy utility business unit and every function. We have helped our clients develop strategies, improve operations, reorganize companies, and implement initiatives. Our broad and deep energy utility expertise is not theoretical—it is experience based.
About ScottMadden, Inc.
ScottMadden is the management consulting firm that does what it takes to get it done right. Our practice areas include Energy, Clean Tech & Sustainability, Corporate & Shared Services, and Grid Transformation. We deliver a broad array of consulting services ranging from strategic planning through implementation across many industries, business units, and functions. To learn more, visit www.scottmadden.com | Twitter | Facebook | LinkedIn