Utilities face the IT labor shortfall

Article Abstract:

The shortage of information technology workers may have a notable influence upon the electric industry, despite denials of its effect by a number of electric and gas utilities. According to a study conducted by Information Technology Association of America (ITAA), an estimated 190,000 technical positions are currently vacant. The ongoing IT labor shortage may be attributed to the very small population of technical graduates. It can also be attributed to the fact that graduates lack skills that can fully address the needs of the industry.

Usage, Information technology, Employment, Energy industries, Energy industry, Technicians

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Measuring your contributions ROI

Article Abstract:

Managers of electric utilities are implementing social programs to enhance shareholder value. Many of these managers view their charitable contributions program as additional investments, such that contributions to non-profit charitable and social programs are aligned to corporate objectives and ultimately, profitability. Such programs include purposeful contributions to communities that are part of a utility's service area, a form of customer relations program; or contributions to a community's economic or environmental upliftment.

Social Responsibility, Analysis, Business, Economic aspects, Donations, Social policy, Community development, Charitable contributions, Charitable donations, Gaines, Tyron

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Moody's sees more winners and more losers

Article Abstract:

The latest annual Electric Utility Industry Outlook from Moody's Investors Service forecasts a decline in the energy industry's average credit quality from A3 to Baa1 over three to five years beginning from 1995. The report singles out low production costs as the most crucial factor for success in a highly competitive environment. However, aggressive marketing strategies may also mitigate the adverse effects of high production costs.

Evaluation, Reports, Credit ratings

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