Fitch Ratings

Obama To Deliver Major Climate Change Speech

Electric utilities are facing an unprecedented set of challenges. Demand for electricity, which had risen in a fairly steady manner for decades has flattened. Some of this can be attributed to the lack of economic growth. Increasingly, however, this has been caused by growth in energy efficiency and distributed generation. Another important dynamic, but one… Keep reading →

Hot Weather Puts California Power Grid On Alert

Most people find it tough to get excited about regulators. But President Obama’s nomination of Ron Binz to head the Federal Energy Regulatory Commission (FERC) is reason to sit up and take notice. FERC oversees the nation’s electricity and natural gas networks, and the grid is badly in need of upgrades—up to $2 trillion worth by… Keep reading →

Stocks Continue Two Day Slide Downward After Federal Reserve Comments

If you are a regular reader, then you may be tired of me warning that utility business models are in trouble. I started years ago. And just a few weeks ago I alerted you once again to the very real dangers of net metering. But now we’re hearing a similar litany from the people who advise… Keep reading →