Insight

Plugged In

Perspectives on the most pressing concerns impacting the power and utilities industry

Latest issues

Maintaining cybersecurity vigilance during business continuity challenges

May 7, 2020

Actions to mitigate the spread of COVID-19 are forcing power and utility organizations to increase their reliance on remote access and fewer on-site operational staff, raising cybersecurity concerns. We talked to Jason Haward-Grau of KPMG Cybersecurity Services about how the sector is taking steps to bolster cyber defenses and expand their business continuity plans.

Advanced analytics for sustaining cash flow and customers through COVID-19

April 23, 2020

In this edition of Plugged In, KPMG’s Adam Levy and Alex Smith combine their predictive analytics and modeling experience with Tom Peterson’s regulatory and Jeff Mango’s customer experience knowledge for insights on how utilities can use data analysis to improve liquidity and help customers impacted by COVID-19, as well as proactively work with regulators to anticipate and recover costs.

Perspectives from U.S. utilities on potential COVID-19 impacts

March 20, 2020

The power and utilities industry, like every other, is greatly affected by COVID-19 and the efforts to contain its spread. The duration and extent of this impact remains uncertain. As a result, the response to prepare for and mitigate the effects of this pandemic on operations is expected to vary from one utility to the next.

Enhancing ethics and compliance

August 30, 2019

Ethics and compliance programs in the energy industry are mature in many ways relative to other sectors. And yet, as energy chief ethics and compliance officers identified in the KPMG 2019 CCO Survey, certain areas still need development.

Beyond the tipping point

July 17, 2019

In this edition of KPMG Global Energy Institute’s Plugged In, we asked Michael Hoyt and Bruce DeMyer from our Tax team to discuss how new players in the P&U industry are changing the rules and business models. The digitization of our daily lives means that just about everything requires electricity in some form. The result is that a new relationship is evolving between consumers and providers.

Accelerating progress in power & utilities IT - Part 2

December 6, 2018

In this edition of KPMG Global Energy Institute’s Plugged In, we asked Tim Gunter about what the recent 2018 Harvey Nash CIO survey results indicate about the Utility CIO Agenda. This is the second part of a two-part interview. In last month’s edition, you discussed the survey results for utility companies compared with other industries. What do these results mean for the future of utilities IT?

The future of finance depends on effective finance business partners

November 29, 2018

In this edition of KPMG Global Energy Institute’s Plugged In, we asked Brad Stansberry and Matt Campbell to discuss how leading-practice organizations are creating new ties between Finance and the business by making full use of a Finance Business Partner, a role designed to help organizations improve their overall performance and drive new value.

Accelerating progress in power & utilities IT - Part 1

November 28, 2018

In this edition of KPMG Global Energy Institute’s Plugged In, we asked Tim Gunter to discuss the recent 2018 Harvey Nash CIO survey results and how Utilities IT stacks up against other industries. This is the first part of a two-part interview. Utilities are often characterized as lagging other industries in IT innovation and operational maturity. Is it accurate?

The impact of uncertainty on the utility CIO’s agenda

November 16, 2017

In a time of economic, regulatory and political uncertainty, the power and utilities industry is finding ways to apply innovation and digital strategy to reduce operating costs and meet escalating consumer and employ expectations for a superior digital experience. In this edition of KPMG Global Energy Institute’s Plugged In, we asked Paul Fritz about the recent 2017 Harvey Nash CIO survey results and what they indicate about the utility CIO’s agenda.

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