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.
The Premier Sponsor for the Georgia Tech Clean Energy Series is The Tata Group. The Tata Group is emerging as one of the world’s most trusted and respected corporate names. Combining ethical values with proven business performance and leadership, Tata has a heritage of deep social commitment that has earned the trust and respect of its stakeholders. In the United States, the Tata Group has had a presence for over 60 years. As the largest India-headquartered multinational in North America, Tata has 11 companies and more than 24,000 employees in the United States and Canada, including more than 3,800 employees in the Southeast. At Tata, innovation is a critical vector for improving quality, performance and competitiveness. The Tata Group has adopted a three-pronged strategy to encourage and enhance innovation across its companies. The three key drivers are better communication and recognition of innovative ideas and efforts; facilities and initiatives that enable learning from other companies; and support for collaborative research and partnerships with academia. For more information, please visithttp://www.tata.com/ or http://northamerica.tata.com/.
Participants can attend for free in person at the Centergy Building on Georgia Tech’s campus or via Webinar.