Leonard S. Hyman is an economist and financial analyst specializing in the energy sector. He headed utility equity research at a major brokerage house and has provided advice on industry organization, regulation, privatization, risk management and finance to investment bankers, governments and private firms, including one effort to place nuclear fusion reactors on the moon. He is a Chartered Financial Analyst and author, co-author or editor of six books including America’s Electric Utilities: Past, Present and Future and Energy Risk Management: A Primer for the Utility Industry.
You can find Leonard Hyman's lastest book Electricity Acts on Amazon
William I. Tilles is a senior industry advisor and speaker on energy and finance. After starting his career at a bond rating agency, he turned to equities and headed utility equity research at two major brokerage houses and then became a portfolio manager investing in long/short global utility equities. For a time he ran the largest long/short utilities equity book in the world. Before going into finance, Mr. Tilles taught political science .
Last week the New York Public Service Commission approved a Clean Energy Standard for the state. The two key components are a mandate for 50…
Late last week UK Prime Minister, Theresa May, told France’s Hollande that she wanted more time to review the Hinkley Point nuclear project. The Board…
Years ago, at an electric utility conference, we listened to an optimistic presentation about a significant new addition to electricity demand, the personal computer. (You…
Experts, especially in finance, often have a deservedly bad reputation. Their predictions, especially about things like the direction of interest rates or stock prices, are…
The UK’s new Prime Minister, Theresa May, made significant changes to her ministry structure. She abolished the Department of Energy and Climate Change (DECC) and…
Chinese state energy companies are huge by international standards. Their government wants them to expand overseas and they seem indifferent to conventional standards of profitability.…
Electric companies, at least the ones trading on the U.S. stock exchanges, are either fully regulated, partly regulated/partly competitive or fully competitive entities. Most of…
“Electric utility stocks are overstretched.” That’s the way Wall Streeters talk. They mean, “Electric utility stock prices are too high,” which is a polite way…
Bank financing of fossil fuel and mining projects is “undermining” the recently signed Paris climate accord. This is according to “$horting the Climate: Fossil Fuel…
Capital markets assess risks and business prospects. If they like something, the money flows. If not, pity the firm trying to raise funds. This is…
The missing document might be titled “Trump's Electricity Policy Will Make America Great Again." Donald Trump, the GOP's presumptive Presidential nominee, has a utility policy.…
Wine critics ply their wares at blind tasting events. No more watching the glass poured from the bottle with the famous label, which they associate…
Electric cars hold the potential to destroy the oil business and save the electricity business. The big question now is when this will happen. Last…
The so-called “Woodstock for Capitalists”, the Berkshire Hathaway annual meeting in Omaha, has just concluded. One shareholder resolution, which was voted down, would have reviewed…
First its new president, Jean-Bernard Levy, said French state utility EDF would delay a decision on its joint French-Chinese nuclear project in the UK, Hinkley…
One hundred seventy one nations signed the UN’s Paris agreement on climate change on April 22. But before that, the European Commission on Climate Action…
This is really a case of turning the tables, of interviewing the interviewer. In this instance, we interview veteran utility banker, Lewis Hart, whose firm,…
The cost of building large, conventional nuclear power plants continues to escalate, leading the nuclear industry to explore an alternative, the small modular reactor (SMR).…
To: David Cameron, PM From: Unofficial Independent Energy Maven Advisory Policy Group (UIEMAPG)Re: UK Nuclear PolicySubject: Mr Cameron, Please Consider a Plan B, Not Just…
Cut greenhouse gas emissions in New York by 40 percent by 2050. A commendable goal. But two of the four nuclear power stations in the…