CMS Company Preso: JLUCHEN
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Consumers Energy is a major energy company serving 6.7 million residents in Michigan. It has operated since 1886 and now has a CEO named Patti Poppe and senior VP named Garrick Rochow. The company has invested heavily in infrastructure like a nuclear power plant but also faced issues like the Three Mile Island accident. More recently, it announced a Clean Energy Plan in 2018 but also had a gas compression station fire in 2019. To remain competitive, it will need to maintain its monopoly status, fix aging infrastructure, and adapt to emerging energy demands.
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This document summarizes the potential economic impacts of the 2016 US presidential candidates' plans related to energy and infrastructure. It discusses Donald Trump's plans to cut corporate taxes, limit regulations, pull out of trade agreements and the Paris Climate Agreement, and boost fossil fuel production. It also discusses Hillary Clinton's plans to not change corporate taxes, increase renewable energy and infrastructure spending, and maintain existing regulations and the Paris Agreement. The document suggests Trump's plans could help industries like energy but hurt those reliant on free trade, while Clinton's could help sectors like healthcare but hurt energy production.
2016 ACES energy conference
This document summarizes the potential economic impacts of the 2016 US presidential candidates' plans related to energy and infrastructure. It discusses Donald Trump's plans to cut corporate taxes, limit regulations including the Clean Power Plan, approve pipelines like Keystone, and boost oil and gas production. It outlines Hillary Clinton's proposals to invest in renewable energy and infrastructure spending while maintaining the Clean Power Plan and Paris Climate Agreement. The document suggests Trump's plans could help energy production but hurt free trade, while Clinton's could help renewable energy and construction but hurt fossil fuel production.
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Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
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CMS Company Preso: JLUCHEN
- 1. Consumers Energy Presentation by Justin Chen (JLUCHEN)
- 3. Personas ● Mike, 40 y/o father of two. ● Homeowner in Jackson, Michigan. ● Likes modern living.
- 4. Personas ● Alice, 35 y/o business owner . ● Builds robots in Battle Creek, Michigan. ● Heavy technology usage.
- 5. Financials
- 6. Financials
- 7. Financials ● Serves 6.7 million Michigan residents. ● High revenue but high operating costs.
- 10. History: Founded in 1886
- 11. History Invested 4.1 billion in a nuclear power plant. 1968 1979 Three Mile Island Accident.
- 12. History 2018 Consumers Energy announces Clean Energy Plan. 2019 Gas Compression Station Fire
- 13. C-Suite CEO: Patti Poppe Senior VP: Garrick Rochow
- 14. What’s Hot
- 15. Secret Sauce
- 16. Competition
- 17. Competition
- 18. Prediction: Key Factors ● Maintain monopoly. ● Fix aging infrastructure. ● Adapt to emerging energy demands.
- 19. Prediction
- 20. References ● https://www.consumersenergy.com/ ● https://finance.yahoo.com ● https://www.metrotimes.com/news-hits/archives/2019/02/ 01/critics-call-for-overhaul-after-consumers-energy-ceo- who-makes-68m-asks-michiganders-to-turn-down-heat ● https://www.crainsdetroit.com/energy/consumers-energy- investigates-fire-led-state-natural-gas-alert ● https://www.freep.com/story/weather/2019/01/30/consum ers-energy-dte-usage-polar-vortex/2724017002/ ● https://www.latimes.com/business/la-fi-pge-bankruptcy-fil ing-20190114-story.html ● https://www.crainsdetroit.com/article/20171105/blog025/ 644151/patti-poppe-powering-change-from-inside-and-o ut
- 21. Thanks!