A project’s development strategy will determine the organizational approach that will be required to implement the project. Power projects can be pursued individually or jointly, through either ownership or a power purchase agreement. The resulting structures will generally require the same types of technical and commercial resources, but the level of engagement of these resources will differ. As Part 2 of a three-part series, this article focuses on sole ownership strategy and the organizational structure required to support it. Learn what drives organizational needs of sole ownership development and potential workarounds to aid in the process in the full article. CLICK TO READ MORE....
In the electric utility industry, we have spent recent years focusing on cyber threats against our facilities, but now physical threats seem to be making a comeback. Many electric utilities have spent large amounts of money developing and deploying cyber security protections at their critical facilities, including control centers and major substations. Some of the utilities have also focused on increasing their physical security controls, but that has not been the major push from FERC and NERC until recently and, even then, only
for the major high voltage substations and control centers (NERC CIP-014). Most companies use standard physical security deterrents that are good enough to meet the minimum requirements for compliance and safety, which may not be good enough in the new physical security threat landscape that we are now facing. CLICK TO READ MORE...