Energy demand continues to grow at a level and pace that executives term as generational. Policy momentum, growth in data center and advanced manufacturing, and expanding end-use electrification are all contributing to this trend. At the same time, significant investment in critical energy infrastructure is needed to support grid reliability and flexibility.
The utility industry is “taking care of business” as it works to bridge this critical “speed-to-power” challenge. To meet this growing demand while ensuring reliability, companies are managing massive capital spending, supply chain constraints, and rate impacts. A major part of this supply response involves renewed momentum for nuclear power, with conventional plant restarts, capacity expansion, small modular reactors, and microreactors.
This free webcast, based on ScottMadden’s Energy Industry Update, offers a great opportunity to step back and consider what is happening, what it means, and where our industry is headed. Join us to hear more and register today.
Join us to hear topics that include:
Utility Themes
Recent utility company communications with shareholders, regulators, and industry peers, alongside major strategic, financial, and regulatory actions are revealing several universal themes. Across almost every subsector, companies are focused on rising capital spending, upgrading aging grid infrastructure, and serving rapidly growing large loads, while balancing ensuring affordability for customers. Tune in to hear Justin Stevens, ScottMadden Partner, give us his take on the matter.
Large Loads and the Speed-to-Power Challenge
The rapid growth of data centers and other large loads continues to dominate the headlines, and everyone wants to know how utilities will meet this increase in demand at the speed and scale these loads require. Physical constraints such as labor shortages and limited equipment and raw material availability further complicate an already uncertain story. ScottMadden Partner, Chris Sturgill will dig into this topic.
Recent Developments in Nuclear Power
For several years, the utility industry has eyed advanced nuclear technologies as a prime opportunity to meet the growing demand for dispatchable, emissions-free baseload energy, and now the federal government is providing incentives to support this. Industry focus includes a wide range of opportunities, including plant restarts, power uprates, small modular reactors, and even microreactors, all in the hope of expanding commercial nuclear capacity. ScottMadden Partner, Luke Martin will address these opportunities.
We hope you can join us!
