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 .
Electric utility capital expenditures (CAPEX) in the US have been rising steadily. But they are not remotely large enough to meet future industry requirements to…
Volkswagen (VW), the world’s largest carmaker recently announced plans to spend 35 billion euros to dramatically expand electric vehicle production. VW is targeting production of…
Well, it happened once again. Sales of electricity in the US declined in 2019 by a significant 2.8%, despite solid domestic economic growth with real…
The specter of stranded assets in the US electric utility industry has risen again like the undead in a typical horror movie. A leading Wall…
European business news recently announced the latest German government initiative to decarbonize its nation’s electric power generation by closing all coal fired generating stations by…
BlackRock, the world’s largest money manager, just announced that it would exit investments with “high sustainability” risks. Initially, we interpreted that as meaning a plan…
Warren Buffett, probably the world’s most successful investor, a man noted for the conservatism of his investment policy and aversion to high tech, wants out…
Looking beyond the dramatic headlines—the cliff-hanger nature of Tesla’s financial statements and the Trump administration’s efforts to re-engineer the auto industry—we need to focus on…
This past weekend, Pacific Gas & Electric had to resume electricity blackouts to 930,000 customers affecting upwards of three million people around San Francisco. Meanwhile,…
When an electric utility suspends service for whatever reason, the local economy grinds to a halt. Schools close. Hospitals turn on the back-up generators. When…
Not long ago, Bill Gates offered some investment advice. That, in itself, constitutes news, but the content and the reactions make up a more interesting…
Coal usage continues to fall and the coal industry wants to do something about that. So does the Trump administration. Their proposed solution to the…
On July 23, if all goes well, one of California’ large municipally owned electric utilities, the Los Angeles Department of Water and Power (LADWP) will…
The US investor-owned electric utility industry just reported financial numbers for 2018.They were puzzling to put it mildly. According to the Edison Electric Institute (EEI),…
The British Labor Party, headed by Jeremy Corbyn has announced plans to re-nationalize the nation’s electric, gas and water utilities that were privatized by Prime…
New climate models now project even faster global warming than previous work. The models were developed by the National Oceanic and Atmospheric Administration (Princeton, NJ),…
The most recent opinion poll on climate change attitudes shows that the public may be more aware of climate issues than many think. Support for…
The Green New Deal, (GND) a catch-all composite of environmental and social welfare programs, led by Member of Congress Alexandra Ocasio-Cortes (D-NY) and Senator Ed…
Pacific Gas & Electric, one of America’s largest utilities, finally filed for chapter 11 bankruptcy on January 29, after weeks of waiting. The company already…
Japanese technology giant Hitachi on Thursday Jan 17 announced it was suspending all further work at its Wylfa Newydd nuclear project in Anglesey, north Wales.…