CANUS’s White Paper has been published and is available for free via Scribd and Amazon Kindle. Below you will find the Scribd publication embedded. To download the white paper to your kindle just click the amazon kindle link below or sign in to https://kindle.amazon.com/ and search for “Utility Industry Labor Sourcing Strategy Cost Analysis”.
As the U.S. Federal reserve’s decision to taper quantitative easing (stimulus) spending the associated rising interest rates that have already been realized and are projected to continue rising will weigh heavily on the utility industry’s share prices. Along with weak power demand and generation fundamentals that are eroding industry growth forecasts the utility industry has to be more and more focused on their costs of service (EEI Finance Committee, 2014). Labor costs both internally and contracted make up a large portion of costs of goods sold. As the utility industry’s core workforce of “baby boomers” begin to meet retirement age the ratio of the internal labor force to contract labor will continue to grow in favor of a contract workforce. The line worker workforce expected to retire within the next five to ten years could approach 50% in certain organizations (U.S. Department of Energy, 2006). This means that evaluating the best and most cost efficient way to utilize a contract workforce must be established.
Find out more about the cost comparisons of the different utility industry’s labor sourcing strategies here.
It was a great event this year. There were lots of great presenters sharing interesting papers and cutting edge innovations. We got to hear presentations from;
- BC Hydro
- Portland General Electric
- San Diego Gas and Electric
- Southern California Edison
- Mid-Carolina Electric Cooperative
- American Electric Power
- Puget Sound Energy
Perfect weather to take in the river front park in Spokane between sessions as well. We plan to attend again next year.
CANUS Corporation recently completed acceptance testing of a brand new transmission substation fed by a major photovoltaic (PV) field. The publicly owned utility outsourced the engineer, procure and construct (EPC) responsibilities to a third party that CANUS supported with substation testing services. Continue Reading →
CANUS Corporation has launched a new home page!!! The new home page found at http://www.canus.co should give prospective clients additional information about the values added to our costumers as well as valuable insights on how to stay connected with CANUS as well as the different services we provide. We have also updated the site to be more visibly pleasing than the previous web page. CANUS is excited to hear any feedback you may have on our new site. Thanks.
This year CANUS will be attending the annual Western Protective Relay Conference in Spokane, WA 10/13/14-10/16/14. This is a great opportunity to keep our thumb on the pulse of the protective relay best practices and understands trends and issues. CANUS is also attending to support a few of our clients who are presenting vital information to the Utility community at large. Continue Reading →
CANUS Corporation recently completed testing a 500 kV to 230 kV transmission substation fed by acres of wind turbines. The wind farm was designed to provide renewable power to the fast paced residential and commercial expansions in the area as well as to bolster the renewable generation capacity to the grid at large. The substation built to transmit the generation was a greenfield project, a new facility from the ground up, to support the brand new Wind Farm. Continue Reading →