ScottMadden Releases Energy Industry Update: “Under Pressure”

Atlanta, GA, May 17, 2022 (GLOBE NEWSWIRE) -- ScottMadden, Inc., one of North America’s leading management consulting firms specializing in energy, has released its latest edition of The Energy Industry Update (EIU). Themed, “Under Pressure,” this EIU examines the rising post-pandemic energy demand, ambitious decarbonization targets, high commodity prices, and geopolitical events that are combining to place pressure on the energy industry.

In this report, ScottMadden offers the latest on:

• How developers and investors are navigating the lengthy timelines from proposed interconnection to final approval as the queue of power generation projects looking to connect to the bulk power system grows
• How states, municipalities, and utilities are working to meet their net-zero targets
• The impacts of fuel switching as global energy markets continue to add significant amounts of renewables to their resource mix

“There are various points of pressure in the utility ecosystem today and in many cases, these are appearing as opposing sides of the same issue. The strong demand for renewables is being hampered by interconnection queue backlogs. Rising natural gas prices are causing unintended consequences in the generation mix. Geopolitical events have reinforced the importance of resource flexibility. We have the opportunity to learn from these interdependencies as we advance the clean energy transition,” says Cristin Lyons, partner and energy practice leader at ScottMadden.

For a summary of these topics, watch this video. If you are interested in scheduling an interview with one of our thought leaders, please contact us.

Complimentary Energy Industry Update Webcast

If you have not yet registered, we encourage you to join ScottMadden’s complimentary webcast, “ScottMadden’s Energy Industry Update – Under Pressure,” on Tuesday, June 7, from 1:00–2:00 p.m. EDT to hear our energy experts share their views and field questions related to these topics and more. Ms. Lyons will serve as webcast moderator. Register for this webcast here.

About ScottMadden’s Energy Practice

We know energy from the ground up. Since 1983, we have served as energy consultants for hundreds of utilities, large and small, including all of the top 20. We focus on Transmission & Distribution, the Grid Edge, Generation, Energy Markets, Rates & Regulation, Enterprise Sustainability, and Corporate Services. Our broad, deep utility expertise is not theoretical—it is experience based. We have helped our clients develop and implement strategies, improve critical operations, reorganize departments and entire companies, and implement myriad initiatives.

About ScottMadden, Inc.

ScottMadden is the management consulting firm that does what it takes to get it done right. We consult in two main areas—Energy and Corporate & Shared Services. 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.

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Katie Briel
ScottMadden, Inc.
919-714-7628
kbriel@scottmadden.com

Source: ScottMadden, Inc.