Insights from the Edison Electric Institute: Disruptive Challenges: Financial Implications and Strategic Responses to a Changing Retail Electric Business

Wednesday, March 26, 2013 from 12:30 p.m. to 2:00 p.m.

According to a number of industry analysts, the traditional utility business model of revenues based on the sale of power produced is in transition.  Technological and economic changes led by falling costs and deployment of distributed generation, e.g., photovoltaics, and increasing interest in demand side management technologies for improved efficiency are factors that could lead to changes in the electric utility industry comparable to those experienced by the telecommunications industry beginning in the late-1970s.

On March 26, plan to join an interactive discussion with the author of the insightful Edison Electric Institute report on the implications of disruptive technologies on utility business models.

Peter Kind, Executive Director, Energy Infrastructure Advocates and Senior Advisor, Macquarie Capital

Peter is the author of the Edison Electric Institute report “Disruptive Challenges: Financial Implications and Strategic Responses to a Changing Retail Electric Business.”

Peter has over 30 years of investment banking experience, with a specialization in utility and power sector corporate finance.  His banking experience includes capital market advisory services and merger and acquisition and corporate finance advice.  Peter’s work includes all sectors of regulated utility and non-regulated power businesses.  He has been actively involved in outreach to regulators and policymakers, including work as an expert witness in regulatory proceedings.

Peter’s experience include the Bank of America, where he lead the Power and Utilities Corporate and Investment Banking effort, and Citigroup and Kidder Peabody, where he co-directed the Power and Utilities teams in each of those firms.

Peter holds a MBA in Finance from New York University and a BBA in Accounting from Iona College.  He practiced as a CPA until 1981.  From 2008 to 2011, Peter was Co-Chairman of Edison Electric Institute’s Wall Street Advisory Group.

John Higley, Managing Partner, Energy and Environment Enterprises, former Managing Partner and Global Energy & Utilities Partner, Deloitte Consulting

Energy and Environmental Enterprises provides advisory services to corporations and utilities for energy supply management, renewable resource evaluation and integration, and resource optimization.

Prior to his current firm, John was the Managing Partner for Deloitte’s Global Energy and Utilities Practice, which engaged in strategic analysis, mergers and acquisitions and systems integration and deployment.  Before joining Deloitte, John was Senior Vice President of Energy Management Associates (EMA), an EDS Company.  John’s experience at EMA included utility rate analysis and integrated resource planning.  EMA developed and supported PROMOD, a production costing system used by over 80 percent of the utility generating capacity in the US.

John is a graduate of the Georgia Institute of Technology with a BS in Industrial Engineering.

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Participants can attend for free in person at the Centergy Building on Georgia Tech’s campus or via Webinar.

Presentations:

Disruptive Challenges Facing Electric Utilities – Peter Kind;

Find Us

The regular venue for the Series is the Hodges Room in Tech Square:

Centergy One
75 5th Street, NW; Hodges Room
Atlanta, GA 30308
404-894-2376