ScottMadden, Inc., one of North America’s leading energy consulting firms, recently joined industry leaders at the S&P Global Market Intelligence Utility Regulation Conference: Rates & Reliability. During the event, power and gas utility executives, advisors, regulators, and investment professionals shared their perspectives on the overall landscape and financial alternatives in the current regulatory environment.
“The conference served as an ideal platform for bringing together a range of opinions on the state of the industry,” explained Dave Adams, director at ScottMadden. “Transformation was the common theme, and the voice of the customer is coming through loud and clear as a driver for change,” Adams went on to note.
ScottMadden is closely following the structural changes across the energy industry, from how electricity is generated to how we manage the grid. Generation assets are turning over faster than ever, and customer preferences, coupled with new technologies and access to information, are creating opportunities to reinvent the entire energy value chain. Beyond providing safe, reliable, and affordable energy, utilities are now faced with managing energy systems that are secure, resilient, environmentally friendly, and socially responsible.
Rick Starkweather, partner and a leader in the regulatory practice at ScottMadden, added, “Regardless of the desire to embrace or resist these changes, the regulatory climate will only get more complex for utilities as new technologies, rate structures, and diverging stakeholder interests are factored into the equation”.
ScottMadden will soon provide additional insights on the recent Notice of Proposed Rulemaking (NOPR) filed by the DOE. To receive a copy of this report or to learn more about increasing the resilience of the nation’s electricity grid, please contact us.
About ScottMadden’s Rates, Regulation, & Planning Practice
ScottMadden’s Rates, Regulation, & Planning practice assists clients in all aspects of rate development, regulatory policy and strategy, rate case preparation and management, market and risk assessment, resource planning, and demand forecasting. With deep understanding of rate, market, and regulatory issues, together with ScottMadden’s long-standing expertise in utility operations, business process design, and complex financial analysis, the Rates, Regulation, & Planning Practice provides clients with a unique and comprehensive approach to developing and executing regulatory strategy.
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, Grid Transformation, and Rates, Regulation, & Planning. 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.