The sweeping survey that underpins Black & Veatch's 2019 Strategic Directions: Electric Report sharpens the focus on a power industry at a pivotal time of change punctuated by increasingly popular, clean renewable energy sources and a murky regulatory climate.
Hydropower producers have difficult decisions to make about where to invest in their assets. On the one hand, they need to invest in facility and equipment upgrades and unit availability and reliability. On the other, variable capital costs, rising operations and maintenance costs, and permit and licensing requirements are concerns.
From food safety and regulatory compliance to packaging and supply chain logistics, the food and beverage industry is constantly hunting for solutions that balance profitability and sustainability. With market share increasingly on the line – particularly for large consumer goods companies – food and beverage companies are being squeezed to analyze every cost.
At the core of digital transformation, or digital water, is aggregating, mapping and analyzing data for greater insights and actionable information. One goal of digital water is to provide predictive analytics by optimizing plant performance and identifying process exceptions before they become costly problems.
As energy costs continue to rise and more states adopt regulatory incentives and disincentives that drive large-scale sustainability and efficiency efforts, it is expected that utilities will become more aggressive in their approach to managing energy.
With start-up electric vehicle (EV) manufacturers and even old guard automakers announcing ambitious plans to develop zero-emissions medium- and heavy-duty vehicles, the transportation industry is on the brink of a major transformation.
The runoff of phosphate and nitrogen from farming, stormwater, wastewater treatment plant discharges and other sources into waterbodies continues to unbalance ecosystems, resulting in toxic algal blooms and hypoxic dead zones.
$10 trillion dollars. If you run, work for, or are seeking to invest in a global company, this is a figure that should be top of mind. $10 trillion is larger than the annual GDP of all but two of the world’s economies. $10 trillion is nearly double the market cap of the Dow Jones Industrial Average companies. And yet, $10 trillion is just a fraction of the financial might working to transform how companies view and invest in sustainability.
Water utilities the world over are faced with challenges, including increasing demand, falling revenues and climate change. While building new assets remains part of the solution, enhancing the performance of existing assets is more important than ever before.
Data Center operators and businesses need predictability in their power supplies. Their infrastructure has to operate regardless of grid stability, weather conditions and other factors that threaten their systems. The biggest culprit remains interrupted power supply.
Data is power. And once operators of commercial and industrial properties have the technology to track their daily use of electricity—down to the minute—they’re going to use the literal form of power only when they need it.
For electric utilities, that spells less revenue. Even less when those customers start to, or increase, generation of their own power.
In a 100-home subdivision, a homeowners’ association recently increased its annual dues by $1,560 per single-family residence, a 130-percent spike over the year before. Not a single homeowner objected.