The utilities industry, like other deregulated industries such as telecommunications, is changing quickly, as can be seen in the rapid rise and fall of many large energy companies. Many large or rapidly growing Independent Power Producers (IPPs) are now present in the market, and incumbent utilities are facing increasing levels of competition. An understanding of market forecasts and risk is essential to achieving long-term success in the utilities industry.
Dean & Company has significant experience in forecasting demands and prices for utilities, documenting best practices within the industry, and in developing strategies to address the rapidly changing environment.
Our utilities expertise has spanned many different topic areas:
- Alternative energy source (e.g., Wind)
- Strategy development and evaluation
- Fuel purchasing optimization strategy
- Pricing strategy
- Transmission
- Audit of analytical tools
- Best practices/operational effectiveness
- Merger integration
- Alignment of strategy and execution
- Development of key metrics
- Risk Management
Some sample engagements demonstrating our experience with utilities include:
- Independent Power Producer
- Created enhanced risk assessment framework
- Modeled underlying risks to improve power plant deployment decision making
- Domestic diversified energy company
- Assessed strategic position
- Identified and prioritized growth opportunities
- Modeled of financial market expectations
- Domestic Incumbent Power Producer
- Developed detailed models of electricity demand by geography
- Analyzed and optimized a model for power plant investment/divestment
- Analytical review of best practices in support of the merger integration of two large IPPs
- Mapped organizations, processes, and tools of both organizations
- Provided best-in-class benchmarks for the combined organization
- Recommended methods for improving and combining the organizations
