Chenery & Company, Inc.

Utility Industry

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The utility industry has turned into a more competitive industry since deregulation.  Such issues as a push for reducing the carbon footprint, more affordable (and cleaner) alternate energy sources, and consolidation, the utlity industry faces large capital decisions in an environment with increased uncertainty.

Representative projects in the utility industry include:

-          Headed project team of cost estimators, engineers, and software developers to implement an enhanced capital asset allocation methodology and corresponding software application for a utility that provided more transparent treatment of risk on a five year, $475M project portfolio

-          Led presidential directed task force to develop an analytically-based positioning strategy for an 18,000 MW capacity utility generator faced with publicly mandated deregulation that resulted in a final ruling favorable to the utility’s shareholders and customers

-          Co-directed the roll out of a new asset allocation methodology in a public utility that included developing training materials, delivering training, and providing coaching across 15+ generating stations for the evaluation of over 600 projects with a corresponding budget of $350M

-          Conducted ongoing semi-annual risk analysis of a $650M utility construction project with a team of utility company engineers, construction management personnel, and other discipline-specific consultants that provided focused guidance to manage project costs and update owner’s group

-          Directed project team that designed an innovative analytical approach to recognize and value integrated project risk on a $65M portfolio of inter-related capital projects for an electric utility

 

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