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The Utility Industry Is in Transition. Is Your Training Keeping Up?
Given the pressures from climate change, decarbonization, digitization, technology advancement, decentralization, and customer evolution, the utility of 2030 is likely to look dramatically different than the utility model that has endured the last 100 years. As your company transitions into the new world, is your training keeping up?
Training Professionals: Gain Energy Industry Knowledge While Exploring New Options for Learners
Enerdynamics offers a free 10-minute eLearning tool for training professionals who need to quickly understand how the energy industry/utility business operates.
From Energy Suppliers to Energy Managers: The Future of the Energy Company
Multiple forces including decarbonization, climate change, decentralization, digitization, and customer expectations are requiring energy companies to figure out new business models to avoid becoming irrelevant.
Are Your Employees Ready for the New Energy Consumer?
In recent years, the energy consumer has radically changed due to technological, societal, and market evolutions. To be successful today, utilities need to think of themselves as energy services companies, and they need to develop a deep mutually beneficial relationship with energy customers.
Can Natural Gas Utilities Be Part of the Decarbonization Solution?
Many gas utilities feel that their once-stable business models are threatened with a future of shrinking throughput driven by government policies and customers choosing electrification. In response, some gas utilities have announced their own decarbonization plans.
What Must Utilities Do to Successfully Navigate the Energy Transition?
Given the pressures from climate change, decarbonization, digitization, technology advancement, decentralization, and customer evolution, the utility model of 2030 is likely to look dramatically different than structures that have endured the last 100 years. What must utilities do to prepare for this monumental shift?
Can Gas and Electric Utilities Cooperate to Reduce Carbon Emissions?
The push for electrification to foster decarbonization is threatening natural gas utility revenue streams. A recent development in Québec suggests there may be a way for natural gas and electric utilities to cooperate to benefit both industries and to reduce their customers’ cost of decarbonization.
New FCC Rule Opens Door for Private Utility Broadband Wireless Networks
A landmark order issued on May 13, 2020, by the Federal Communications Commission (FCC) means utilities can create their own private wireless networks using the common LTE mobile standard. For utilities this could mean operational efficiencies, improved reliability and safety capabilities, the ability to further deploy advanced grid technologies, and new ways to interact with customer-owned devices.
Local Renewable Energy May Be Key for Disadvantaged Communities
Higher-income customers historically had better access to energy simply because they could afford to pay for however much energy they wanted to consume. Read about some interesting case studies that allow all customers to participate in the energy future regardless of income level.
The Revenue Requirement is the Key to How Utilities Make Money
Many employees who work for investor-owned utilities are fuzzy on the concept of how their company actually makes money. To fully understand how power companies make money, one must have a solid understanding of the revenue requirement.
Is Hawaii’s Performance Based Regulation the Future for How Utilities Make Money?
Hawaii is setting the stage for how the future utility may handle revenues and regulation.
Is It Time to Rethink Utility Ownership Models?
Regulators in multiple states are reconsidering utility ownership models. What are the alternatives to current ownership models? A recent study by the Hawaii State Energy Office provides some good insight.
Imagining the Future Energy World
The energy business is undergoing a major transformation. What changes can energy consumers and utility employees expect to see in the not-so-distant future?
Onboarding Options for a New Generation of Utility Employees
Many of today's utility business veterans who have decades of knowledge are leaving the business and taking their know-how with them. This makes knowledge transfer and onboarding of new employees critical to maintaining business as usual. Sometimes one training solution can fulfill all a company’s onboarding needs. But other times a strategic combination of live training, online learning, and good old-fashioned books is the best way to reach and teach an ever-evolving workforce.
Preparing Your Workforce for the Future of The Energy Company
Today's energy training professional must figure out how to prepare his/her company’s workforce for a future that is increasingly digital, decentralized, low carbon, and customized. So what does each of these mean?
The Five Pillars of Utility Engagement in the EV Space
Five pressing actions emerged as opportunities for utility engagement at the recent National Convening on Utilities and Electric Vehicles.
Are Electric Vehicle (EV) Charging Stations a Utility Growth Opportunity?
The number of electric vehicles (EVs) on today's roadways is surging and so is the demand for a fast, efficient way to charge them. Utilities in developed economies are looking to electric vehicle charging as a source of new load growth.
A Tax Cut For Utilities May Not Be As Attractive As It Looks
The recent federal tax cut may be a win for traditional corporations, but for utilities it may do more harm than good.