Strategy & Planning

Excerpted remarks at “Investing in Advanced Nuclear Energy,” hosted in New York by EPRI, EEI, NEI, Guggenheim Securities, Nuclear Innovation Alliance.

“We have transformed PSM into a global business, where we can tackle, within the constraints perhaps of certain fleets, the entire gas turbine engine. That’s what I’m proud of.”

Conversations with Power Systems Manufacturing President Alex Hoffs, S&C Electric CEO Anders Sjoelin, and Itron CEO Tom Deitrich.

“Globally, we are the fourth largest renewable supplier in the world. In the U.S., we have more than 8 GW of operational utility-scale wind and solar capacity. That’s almost 5% of the entire market. Both are growing exponentially year-over-year.”

“We always start with the customer and find ways to enhance that experience through the cloud. Utilities look to the cloud because they can quickly spin up resources as they need them and only pay for what is used, similar to a pay-as-you-go model.”

“We’ve made investments to ensure our reliability is essentially top quartile and, in some instances, top decile, for example as we have at ComEd. We know the grid is ready to accept levels of electrification.”

“Though it’s a small percentage of the norm, we must strengthen the grid to plan for those extreme cases, which in the past we never had to do. This is a paradigm shift for the industry.”

“The Big Bend modernization project was completed on time and under budget despite challenges to dismantlement of the coal-fired unit, need to construct a large pipe bridge over a canal, and impact of the ongoing global pandemic.”

Conversation with Arizona Public Service VP of Transmission and Distribution Operations Tony Tewelis and Smart Electric Power Alliance CEO Sheri Givens.

“Uri showed us there were two big vulnerabilities in our grid. First, vulnerability to extreme weather events. And second, resource adequacy over longer periods of time.”