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

“You now can start to map and understand in real time what’s happening across the distribution grid to make things more efficient for the end consumer and utility. We can save natural resources; we can reduce costs of operation.”

“We must focus on distribution, specifically undergrounding and other grid hardening efforts. We need to be prepared as an industry. We are extremely focused on innovating an intelligent, resilient grid that can mitigate and recover.”

“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.”

Conversations with Exelon Chief Strategy and Sustainability Officer Sunny Elebua, Amazon Web Services Head of Worldwide Business Development – Energy and Utilities Rolf Gibbels, EDP Renewables North America CEO Sandhya Ganapathy, at CERAWeek by S&P Global.

“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.”