Leonard S. Hyman is an economist and financial analyst specializing in the energy sector. He headed utility equity research at a major brokerage house and has provided advice on industry organization, regulation, privatization, risk management and finance to investment bankers, governments and private firms, including one effort to place nuclear fusion reactors on the moon. He is a Chartered Financial Analyst and author, co-author or editor of six books including America’s Electric Utilities: Past, Present and Future and Energy Risk Management: A Primer for the Utility Industry.
You can find Leonard Hyman's lastest book Electricity Acts on Amazon
William I. Tilles is a senior industry advisor and speaker on energy and finance. After starting his career at a bond rating agency, he turned to equities and headed utility equity research at two major brokerage houses and then became a portfolio manager investing in long/short global utility equities. For a time he ran the largest long/short utilities equity book in the world. Before going into finance, Mr. Tilles taught political science .
The U.S. Supreme Court overturned two staples of the regulatory system. the so-called Chevron deference, which calls upon the courts to defer to the expertise…
The Not in My Back Yard (NIMBY) movement has targeted nuclear power plants, high voltage transmission lines, windmills and solar farms, demanding that builders just…
With summer heating up, Donald Trump promising more deregulation if he wins, and record storms causing blackouts leaving multitudes in sweltering darkness, we decided to…
U.S. electric utility stocks have been in the new part of two emerging trends, the development of data centers with large energy consumption needs as…
National Grid, one of the two surviving listed companies from Thatcher’s privatization of the electricity industry, is a giant firm that owns the electric transmission…
Thames Water again? We’re not in the water business. But this story has a moral, so read on. There are many reasons for the current…
The trade writers and auto guys have changed their tune. Before, hybrid vehicles supposedly were a technological dead end with nowhere to go. Electric vehicles…
Tesla just fired the staff in charge of its recharging network? No explanation. Best explanation: recharging stations lose money. There’s a chicken and egg problem…
When policymakers both here and abroad deregulated and restructured the electricity industry they made four big mistakes. And we are still living with them. Number…
Dark days ahead in São Paulo, the industrial and commercial hub of Brazil. They noticed last month, after a three day blackout hit the city’s…
For weeks, now, British editors, letter writers and resident economic thinkers in the government have been debating how to preserve Thames Water as an investor-owned…
The big Cambridge-Oxford boat race on the Thames is the posh British equivalent of March Madness. But there was a big problem this year. The…
Shell Oil Company recently released a revised version of climate-related goals entitled “Shell Energy Transition Strategy 2024”. This is Shell’s first strategy revision since 2021.…
The electricity and water utility industries are mirror images in a way. Government agencies service roughly 85% of water consumers and investor-owned companies the rest.…
Warren Buffett fretted, in his annual report, that wildfires threatened his electric utility investments. He specifically cited the stock price carnage experienced by two US…
Every year investors eagerly anticipate the arrival of Warren Buffett’s annual letter to Berkshire Hathaway shareholders. In this year’s letter, after discussing favorite companies like…
For some time now, we’ve seen the race to develop non-fossil energy technology heat up, most emphatically in the nuclear arena. Large engineering firms have…
Yes, they are still building the Hinckley Point C nuclear power station in the United Kingdom, and yes the latest estimated cost is more than…
We should not have been surprised. Not in an era when people only watch MSNBC or Fox and college students avoid classes that might trigger…
In what now seems an almost annual event, Texas, the Midwest, and the Deep South are anticipating another episode of extreme cold, this time starting…