Blog – Electricity and the Utility sector Analysis and Commentary – May 2023 The electricity and utility sector continues to face many challenges as part of providing electricity in a sustainable way. Utility companies are also looking a different power source as part of getting to net zero. Mitigating climate change impact is a key focus area as part of protecting the grid and safeguarding assets.

1. Electricity
Production –
Analysis and
Commentary
PAUL YOUNG CPA CGA
MAY 16, 2023

2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@outlook.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/

3. Agenda
 Canada Power Production by Fuel
 Key Countries / Power Generation
 Smart Grids
 Micro Power Plants
 Top Countries / Clean Energy
 Technology / Power Generation
 Power Rates / Canada
 Solar Power
 Sales Forecasting
 ESG Reporting

4. Canada
Power
Production
by Fuel
SOURCE -
HTTPS://WWW.IEA.ORG/REP
ORTS/MONTHLY-OECD-
ELECTRICITY-STATISTICS

5. Power Generation / Key Country –
Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics

6. Natural Gas
Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics or https://markets.businessinsider.com/commodities/natural-gas-
price

7. Smart Grids
Source -
https://www.globenewswire.c
om/news-
release/2020/08/13/2077717
/0/en/Worldwide-
Transformer-Monitoring-
System-2019-to-2027-
Offshore-Wind-Farms-
Presents-Opportunities.html

8. Micro power plants
Source - https://www.marketsandmarkets.com/PressReleases/micro-grid-
electronics.asp

9. Top Countries /
Clean Energy
 Top 10 green countries are European -
https://www.conserve-energy-future.com/greenest-
countries-earth.php
 Iceland leads the world in terms of clean energy (Wind,
Solar, Tidal, and Geothermal) -
https://www.clickenergy.com.au/news-blog/12-
countries-leading-the-way-in-renewable-energy
 50% of the emissions come from China, USA, and India
- https://www.ucsusa.org/resources/each-countrys-
share-co2-emissions
 Circular Economy -
https://www.slideshare.net/paulyoungcga/how-to-
best-support-a-circular-economy

10. Technology /
Power
 AI and Power Production - https://www.uniper.energy/news/4-
benefits-of-ai-in-the-operation-of-power-plants/
 AI will reshape energy production - https://www.petroleum-
economist.com/articles/low-carbon-energy/energy-
transition/2020/ai-will-shape-the-energy-transition
 IBM and Verizon (5G) - https://newsroom.ibm.com/2020-07-16-
IBM-and-Verizon-Business-to-Collaborate-on-5G-and-AI-
Solutions-at-the-Enterprise-Edge
 RPA and Energy Sector - https://www.tcs.com/blogs/measuring-
effort-in-robotic-process-automation
 Analytics / Utilities - https://www.globenewswire.com/news-
release/2020/06/22/2051219/0/en/4-3-Billion-Energy-and-
Utilities-Analytics-Industry-to-2025-COVID-19-to-Have-a-
Significant-Impact-on-the-Sector.html
 Hydro Quebec line inspection -
https://ca.finance.yahoo.com/news/hydro-qu-bec-nucleom-sign-
100000195.html

11. Green Agenda
 Economies around the world are very fragile.
There is a big movement to push more spending
towards the green economy
 Green https://www.slideshare.net/paulyoungcga/fail-
green-agenda-ontario-july-2019
 Climate Change -
https://www.slideshare.net/paulyoungcga/clean-
technology-the-green-economy
 Clean - https://financialpost.com/technology/liberals-
600-million-cleantech-fund-is-losing-money-and-
struggling-to-find-investments
 Economy -
https://www.slideshare.net/paulyoungcga/global-
economy-current-state-and-whats-next

12. ESG Reporting
Blog -
Blog – ESG Reporting - Nearly 40% of large companies pose biodiversity threat: Moody's ESG study - My work -
https://www.linkedin.com/pulse/blog-esg-reporting-nearly-40-large-companies-pose-threat-paul-
young/?published=t
Great work by CFO on this article!
“Financial regulators will increasingly incorporate biodiversity indicators into reporting requirements, which will
likely put increasing pressure on companies to address their impacts on biodiversity,” Moody’s ESG Solutions said.
Source – https://www.cfodive.com/news/nearly-40-percent-large-companies-pose-biodiversity-threat-moodys-esg-
study/601014/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202021-06-
01%20CFO%20Dive%20%5Bissue:34561%5D&utm_term=CFO%20Dive

13. Vegetation Management
Source - https://www.ibm.com/products/environmental-intelligence-suite/vegetation-
management?utm_content=SRCWW&p1=Search&p4=43700072984281975&p5=e&gclid=CjwKCAjw04yjBhApEiwAJcvNoe6JcCtvWckdDiVtb
lnq6r2pwbNLoGQtUqoRDDoVgQI2eRFR2xI_fBoCDh4QAvD_BwE&gclsrc=aw.ds

14. Solar Power
Blog – Solar Panels – What is Next? - https://www.linkedin.com/pulse/blog-solar-panels-what-next-paul-young/?published=t
- Shortage of raw materials to make solar panels.
- Load factors with solar panels.
- Natural resources sector needs to be identified as a critical area with the supply chain.
Summary
 The global solar panels market exceeded USD $115 billion in 2019 and is expected to exceed $176 billion by 2027.
 The global solar panels market exceeded USD $115 billion in 2019 and is expected to exceed $176 billion by 2027. The German government has undertaken
initiatives to implement solar power in the country and target having 50% of their energy being derived from renewable sources by 2025.
 https://www.canadianmanufacturing.com/manufacturing/gblt-corp-announces-relaunching-of-its-solar-energy-division-267817/
 Risks
 Risk 1: Changing Regulations: Losing Net Metering or SRECs.
 Risk 2: Electric Prices Stagnating, or Worse, Getting Cheaper.
 Risk 3: Partnering with an Underperforming Installer.
 Risk 4: Damage to Your Roof.
 Risk 5: Spending More Money if your Roof Needs Replaced.
 https://www.paradisesolarenergy.com/blog/the-top-risks-to-owning-a-solar-system or Blog – Silica Production and Solar Panels -
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-solar-industry

15. Energy Crisis
Australia exported 3-13 million tons per month of coal to China in 2020. If China needs 50 million tons per month
that is rapid increase in coal production. It is unclear in China and Australia would be able to ramp to meet the
demand. China is already in a shortage of perhaps 50 million tons per month.
If there is a rapid surge in coal importing to China, there could be overbidding that causes shortages for other Asian
countries. This will also make the supply chain problems even worse.
Prioritizing heating over electricity means more factory shutdowns.
Prioritizing heating coal imports over other supply chain means that the 200 ships waiting to get unloaded get
bumped back at the ports for hundreds of coal ships.
China having coal production problems is tough because building other sources of electricity and heating will take
years. Especially if China wants to get beyond current levels to support 6% per year GDP growth.
https://www.nextbigfuture.com/2021/10/173364.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+
blogspot%2Fadvancednano+%28nextbigfuture%29
This ties nicely to my work on energy - https://www.linkedin.com/pulse/world-heading-energy-crisis-paul-young/

16. Sales
Forecasting

17. Maximo / Electricity
Blog – IBM Maximo with IBM Planning Analytics -
https://ibm.box.com/s/ow662tdpto1c1p6d9u2waqxwli40x0la

18. ESG
Reporting
M y b o x f o l d e r -
h t t p s : / / i b m . b o x . c o m / s / v m y i t c a
c k q e v v m 1 h c x v 7 w k e 6 g u d r p n c e

19. Summary
 Electricity continues to move towards greener source of power
Blog – Electricity and the Utility sector Analysis and Commentary – May 2023
The electricity and utility sector continues to face many challenges as part of providing electricity in a
sustainable way.
Utility companies are also looking a different power source as part of getting to net zero.
Mitigating climate change impact is a key focus area as part of protecting the grid and safeguarding
assets.
Siemens and Wind
Power.pdf
Solar Power.pdf Natural Gas.pdf Thorium Reactor.pdf Microgrids.pdf LNG Outlook.pdf
Vegetation
Management and Satelite.pdf
Top companies.pdf ESG and CSR.pdf Waste to Energy
Solutions.pdf
Energy Loss.pdf
Additional sources:
Wind Power - https://energy.economictimes.indiatimes.com/news/renewable/siemens-energy-tones-
down-profit-outlook-on-wind-sector-challenges/100243339
Solar Power - https://www.eia.gov/outlooks/steo/report/elec_coal_renew.php
Natural gas outlook - https://www.bloomberg.com/news/articles/2023-05-15/european-gas-extends-
decline-near-22-month-low-as-demand-lags#xj4y7vzkg
Thorium reactors - https://www.marketwatch.com/press-release/thorium-reactor-market-research-
2023-2030-2023-05-09
Micrgrids - https://www.energymonitor
.ai/tech/networks-grids/microgrids-market-to-triple-to-60bn-by-
2027-globaldata/
LNG - https://ca.sports.yahoo.com/news/lng-exporters-eye-australia-growth-210000052.html