Industries: Energy & Utilities
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Energy
Energy policy is one of the most pressing issues facing our country today. Greenhouse gas emissions, U.S. energy security and energy pollution continue to be regular topics of intense discussion not only amongst politicians, but amongst world leaders, scientists, entrepreneurs, venture capitalists, and “green conscious” citizens. With the nomination of the 44th President of the United States, perhaps never before has the energy sector received more press, and is under more scrutiny than ever to find ways to reduce the nation’s current dependence on fossil fuels, foreign oil and work more quickly to innovate alternative resources such as wind, solar, biofuel and other sustainable long term energy solutions.
The American Recovery & Reinvestment Act – legislated by the U.S. Congress recently made an $80 Billion investment in ways to develop cleaner energies. While renewable energy sources comprise the smallest piece of our nation’s energy consumption, it is one of the fast growing segments of the energy sector and surely will continue to grow at a rapid pace.
The natural gas sector also continues to evolve as the number of new natural gas power plants continues to increase as it is a cleaner alternative to fossil fuels.
Some of our solutions in this sector include:
- Capital Project Set Up & Asset Management
- Construction Audit & Recovery Services
- Contract Dispute Resolution Services
- Litigation Support Services
- Financial Planning & Analysis
- Regulatory Compliance & Internal Control Support
- Information Technology Security Services (i.e. NERC)
- Commodity Risk Management & Hedging
- Internal Audit – Co Source
- Internal Audit – Full Outsource
- Enterprise Risk Management
Contact us today to learn more about our deep industry practice, highly skilled consulting teams and local worldwide presence in over 35 countries.
Utilities
Electric Power Generation, Transmission, Distribution, Water & Sewage
The services provided by the utility industry are heavily regulated and is of no surprise. In most environments, utilities operate as a monopoly. No matter the sector – whether power, water or sewage, all utility sectors continue to be challenged with common themes – regulatory scrutiny, and an aging infrastructure which requires intensive and continual capital investment. In addition, all utilities continue to be affected by the anticipated baby boom retirements, which are expected to dramatically reduce the supply of domestic utility workers. This poses significant challenges for all sectors and as a result, there is a renewed vigor within the industry in teaming up with various trade schools, universities and community colleges to entice the younger generation to gear up for a career in the utility workforce.
For 20 years, GarryMichael has worked closely with a variety of utilities to minimize risk and better manage operational performance. Our industry experts work closely with you to ensure operational performance and regulatory compliance are achieved; we also work beyond these borders and provide solutions in the following areas:
- Capital Project Set Up & Asset Management
- Construction Audit Services & Recovery Services
- Vendor Contractual Disputes
- Litigation Support Services
- Financial Planning & Analysis
- Regulatory Compliance & Internal Control Support
- Information Technology Security Services (i.e. NERC)
- Commodity Risk Management & Hedging
- Internal Audit – Co Source
- Internal Audit – Full Outsource
- Enterprise Risk Management
Contact us today to learn more about our deep industry practice and solutions.
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