Business Intelligence Drives More Effective Decisions, Utility Professionals Reflect at EUCG's 35th Anniversary Workshop
01 Maio 2008 - 4:13PM
PR Newswire (US)
SAN ANTONIO, May 1 /PRNewswire/ -- An electric utility's success is
related to how well and how fast the right information and
intelligence get to the right people, author and business
consultant Gary Cokins cautioned attendees of EUCG's semiannual
spring workshop in San Antonio in April. EUCG is a global
association of energy and electric utility professionals who meet
to discuss current and emerging industry issues, share best
practices and exchange data for benchmarking purposes. The
association celebrated its 35th anniversary at this spring's
workshop. "Utilities are not unlike other industries that spend
tons of resources collecting information, including measuring all
aspects of operational performance under the sun, but fail to
convert this information into actionable intelligence," said
Cokins, an expert in performance management for SAS, a leading
business intelligence software provider, and author of Performance
Management: Finding the Missing Pieces to Close the Intelligence
Gap. "Most businesses can tell you their customer satisfaction
score or on-time delivery performance, but they cannot tell you
with great certainty what drives these scores. The data is often
treated as discreet measurements, but in reality these scores are
interrelated and interdependent. Performance management and
business intelligence programs provide much needed context and
advance management decision making." "The EUCG membership spent a
great deal of workshop time sharing best practices and discussing
individual business intelligence and performance management
programs," said EUCG President Stephen Saunders of Tennessee Valley
Authority (TVA). "Rapid decision making is becoming increasingly
important within the electric utility industry, and our members are
discussing how to leverage human, technological and financial
resources to support quick action." "Our industry is data
intensive, and Mr. Cokins challenged utilities to convert this
information into intelligence to help drive customer satisfaction
and shareholder wealth," said EUCG Vice President Mark Derry of
Exelon (NYSE: EXC). "Our ability to manage utility operations
through the present-day supply and cost challenges may rest on how
well we're able to use intelligence to justify capital programs,
secure revenue adjustments and communicate with customers in a
meaningful way." EUCG welcomed approximately 180 workshop
participants from more than 60 different utilities, including four
foreign countries, to its spring workshop, said George W. Sharp,
EUCG international marketing director, of American Electric Power
(NYSE:AEP). "Our workshop theme focused on leveraging information
to improve business decisions, and many of the presentations
addressed that topic," said Sharp. Each committee pursued
individual workshop agendas, including: -- Nuclear Committee:
Presentations during the workshop included an update on the
construction of a new nuclear plant in Romania and an interactive
panel discussion on project management practices at four major
companies, said David Ward, Nuclear Committee chair from Duke Power
(NYSE:DUK). "Our committee continues to provide a forum for
discussions on key industry topics and a network for obtaining a
blend of company solutions to emerging initiatives. With the
prevailing nuclear renaissance, new issues are being discovered,
and we believe strongly in nuclear technology playing an important
role in balancing the world's need for environmentally friendly
energy supply." Other topics discussed by the Nuclear Committee
involved recent developments in nuclear fuel management and ways to
improve the committee's database to assist members in transforming
the data into business intelligence, Ward said. -- Fossil
Committee: Plant safety and cost management were the overriding
themes discussed by the Fossil Committee, reported chair James
Patrick of Ameren (NYSE:AEE). "Safety continues to be a popular
topic for our committee, and we were able to review a couple of
fantastic safety-related case studies from our members." The cost
impact of managing current and future environmental regulations
continues to weigh heavily on the minds of the membership, Patrick
added. "We are planning to discuss how members develop their
long-term capital plans during the upcoming fall conference, along
with presentations in the areas of safety, the environment and the
building of new power plants." -- Information Technology (IT)
Committee: The IT Committee focused on refining its cost benchmark
model and sharing information about member companies' corporate
environments, IT organization structures, CIO metrics and IT
governance models. Best practice discussions centered on case
studies of technologies that member companies use to support key
business functions. "One company described its use of data
warehouse technologies to support business analytics and decision
making; another shared its lessons learned from implementing
project and resource management practices and technologies to
optimize staff utilization and project planning functions," said
Jack Flack, committee chair from TVA. "Our members are interested
in determining the optimal resource allocation and structure within
a utility for an IT department. We plan to spend much of our
workshop time during the fall continuing discussions about lessons
learned by our members during the execution of major IT projects.
We're also going to discuss 'smart metering' and integrated work
management issues when we meet in San Francisco this September." --
Hydroelectric Committee: Hydro plant staffing, work force planning
and data analysis for management decision making were the
overriding themes that the Hydro Committee discussed during the
spring conference, according to Jim Miller, committee chair from
TVA. "We are focusing much of our efforts on using our committee's
database to determine best performers and, more importantly, what
processes, resources and best practices help drive these best
performers," said Miller. The fall conference will continue
developing on the theme of best performers, including an updated
analysis of member accomplishments over the past three years. --
Transmission and Distribution (T&D) Committee: T&D
Committee attendees heard presentations about the SmartGrid concept
and the impact that renewable energy and energy storage will have
on future utility operations, among other issues. During the fall
conference, T&D members are planning to discuss execution
strategies for developing a successful safety culture, developing
and implementing disaster recovery plans and a roundtable of
different members' "green" strategies. EUCG will hold its 2008 fall
workshop in San Francisco Sept. 14-17, when it will continue
celebrating its 35th year of operations. All energy professionals
are invited. Interested parties should visit the EUCG website (
http://www.eucg.org/ ) for more information. About EUCG: EUCG is a
global association of energy and electric utility professionals who
discuss current and emerging industry issues, share best practices
and exchange data for benchmarking purposes. The 35-year-old
association is organized into five separate committees that
represent specific utility functions: Transmission &
Distribution (T&D), Fossil Plants, Hydro Plants, Nuclear Plants
and Information Technology (IT) departments. Members attend
semiannual workshops that focus on strategic planning, maintenance
practices, operations management, outage management and various
other aspects of the electric utility business. Membership is open
to all utility companies and professionals worldwide. Interested
parties should contact Pat Kovalesky, EUCG Executive Director, at
1-623-572-4140. Email: . Website: http://www.eucg.org/ .
DATASOURCE: EUCG CONTACT: George W. Sharp, EUCG International
Marketing Director, +1-614-716-2791, Web site: http://www.eucg.org/
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