February 2011 - Energy & Utilities Newsletter
A Message from West Monroe Partners
Date : February 1, 2011
Today's evolving utility landscape requires new approaches, technologies and strategies in order emerge as a leader.
Industry:

Tom Hulsebosch: Business Case 2.0 - Quantifying the Benefits of AMI

You've developed a smart grid roadmap and business case or you have deployed advanced metering infrastructure (AMI) and smart meters. Now what? 

Justifying AMI solutions used to be easy. There were clear benefits and costs.  If it penciled out, you went forward.  You took the risks, controlled the execution, and benefitted from the results. But challenges arise when you attempt to apply traditional cost-benefit analyses to smart grid investments, as the benefits can add up to more than just the utility’s operational benefits.

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Dave Tilson:  Department of Energy Smart Grid Consumer Engagement Funding

Smart grid projects require active and expensive customer engagement. Use matching funds from a special set of federal grants to support your outreach investments.  On April 15th, 2011 The United States Department of Energy (DOE) will release a notice of intent to issue funding for improving consumer communication, outreach and engagement for smart grid projects.

Will your utility be ready to act? And can you position your utility to most likely win funding?

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Tom Kerestes and AJ Brown: Project Success through Strategic PMO

As utilities continue to grow, institutionalizing a Project Management Office (PMO) is essential to enabling project success and ensuring that project management principles are adhered to throughout a project’s life cycle.  In the example below, not only did a strategic PMO implementation help keep Rappahannock Electric Cooperative (REC) compliant with the Smart Grid Investment Grant (SGIG) contract; it enabled the utility to more effectively undertake a large and transformative acquisition and, ultimately, better position REC for future projects.

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Dan Belmont:  The Telecommunications Maturity Model for Smart Grid

Significant changes are gaining momentum in Telecommunications around smart grid for utilities of all sizes.  Whether you are an Investor Owned Utility, Municipality or Cooperative; telecommunications for any smart device in your electrical network is becoming a crucial component in operating your grid.   In order to deliver cost effective power, reliably and efficiently, as well as reduce costs and meet energy efficiency standards, a roadmap for your telecom strategy is a necessity.

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You've developed a smart grid roadmap and business case or you have deployed advanced metering infrastructure (AMI) and smart meters. Now what?
Smart grid projects require active and expensive customer engagement. Use matching funds from a special set of federal grants to support your outreach investments. On April 15th, 2011 The United States Department of Energy (DOE) will release a notice of intent to issue funding for improving consumer communication, outreach and engagement for smart grid projects. Will your utility be ready to act? And can you position your utility to most likely win funding?
As utilities continue to grow, institutionalizing a Project Management Office (PMO) is essential to enabling project success and ensuring that project management principles are adhered to throughout a project’s life cycle. In the example below, not only did a strategic PMO implementation help keep Rappahannock Electric Cooperative (REC) compliant with the Smart Grid Investment Grant (SGIG) contract; it enabled the utility to more effectively undertake a large and transformative acquisition and, ultimately, better position REC for future projects.
Significant changes are gaining momentum in Telecommunications around Smart Grid for utilities of all sizes. Whether you are an Investor Owned Utility, Municipality or Cooperative; telecommunications for any smart device in your electrical network is becoming a crucial component in operating your grid. In order to deliver cost effective power, reliably and efficiently, as well as reduce costs and meet energy efficiency standards, a roadmap for your telecom strategy is a necessity.
West Monroe Insights
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