Reliability vs. Resiliency
Prevent problems, or wait and respond when something happens?
FERC holds conference on electric reliability, asks about standards for resiliency – not just to prevent problems, but how to respond once they occur.
Prevent problems, or wait and respond when something happens?
Doing the right thing can drive utility stock performance.
Utilities get little credit for their efforts to strengthen the sustainability of their businesses. But these efforts have paid dividends in stock performance, capital costs, regulatory relationships, and brand value. Capturing the greatest value for shareholders will require utilities to become better understood as socially responsible enterprises.