ScottMadden Issues New Energy Industry Update

ScottMadden, Inc. - 02.20.2013

ScottMadden, Inc., one of North America's leading energy consulting firms, recently released The Energy Industry Update. This semi-annual publication features ScottMadden's view of significant events and emerging trends in the industry.

Themed “Decision Time,” this issue surveys the energy and utility business environment in the wake of U.S. elections in November 2012. The results provided some, but not complete, political and regulatory resolution—i.e., “more of the same.” Companies must now develop and execute investment and regulatory strategies that, in many cases, had awaited resolution of numerous federal policies.

“2012 was a bit of ‘wait and see’ for many in the industry given uncertain policy outcomes,” said Greg Litra, partner and energy, clean tech, and sustainability research lead at ScottMadden. “In 2013 and beyond, many energy utility companies will be making large investments amidst changing dynamics in power demand, natural gas prices, and the economy. And companies may have to consider new business and regulatory models that will provide sufficient returns to reward those investments.”

The Winter 2012-2013 Energy Industry Update also discusses:

• The latest coal plant retirement estimates, driven by both EPA regulation and persistent low natural gas prices, and the potential supply chain challenges for those plants planned for environmental retrofit

• The increasing interdependence of the gas and power industries and its varied regional impacts

• Recent developments in utility rates, in the wake of low to flat electric demand growth and some major storm events over the past couple of years

• The outlook for renewables given the extension of federal incentives for at least a year and upcoming compliance dates for a number of state renewable portfolio standards

For more than a decade, the ScottMadden Energy Industry Update has served as a catalyst for strategic discussion, debate, and decisions. Thousands of industry leaders rely on it for the most important trends and thought-provoking insights. To download the latest Energy Industry Update, please click here: http://www.scottmadden.com/insight/605/The-Energy-Industry-Update.html

Please join our industry experts on Friday, March 8, 2013 from 12:00–1:00 PM EDT for an interactive webinar titled, “The State of the Energy Industry.” This session will focus on hot topics including the latest prognosis for coal-fired generation, the outlook for natural gas in the U.S., and the growing interdependence of the gas and power industries. Registration for this event is free, but space is limited. To learn more or to register, please click here: https://www1.gotomeeting.com/register/767445185

For 30 years, ScottMadden has been a leader in energy consulting, serving more than 200 energy organizations, including 20 of the top 20 energy utilities. ScottMadden has completed thousands of successful projects and provides practical expertise in nuclear, fossil, renewables, transmission, distribution, Smart Grid, gas, regulatory, and a host of other areas. ScottMadden: an exceptional consulting experience.

About ScottMadden, Inc.

ScottMadden is a management consulting firm delivering customized, practical solutions for clients in energy, clean tech & sustainability, corporate & shared services, and the federal government. Our collaborative, small-team approach, coupled with deep content knowledge, experience, and insight, delivers an exceptional consulting experience and superior results. To learn more, visit www.scottmadden.com | Twitter | Facebook | LinkedIn

Media contact: Mary Tew marytew@scottmadden.com 919-714-7628

 

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