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The need to develop capital-efficient strategies to maintain underground electrical reliability

September 26, 2016

“The need to develop capital-efficient strategies to maintain underground electrical reliability” article in Energy Central

capital-efficient strategiesEnergy Central, September 26, 2016

by Jon Engman, CFO, Novinium

“Utilities face a complex challenge. They must balance a tight budget and maintain high safety standards, all while providing customers with reliable service at affordable rates.

Our nation’s aging infrastructure cannot be replaced all at once.  There is a need to develop capital-efficient strategies to maintain underground electrical reliability.  Suppliers need to work with utilities to develop asset management programs to prioritize projects and optimize capital.  A combination of cable replacement combined with injected cable rejuvenation is finally receiving widespread adoption as these technologies have proven themselves to provide reliability, cost efficacy, and sustainability.”

About the writer: Jon Engman recently joined Novinium as the company’s Chief Financial Officer.  Jon has over 20 years of experience leading high-tech companies experiencing rapid growth in both revenue and enterprise value having previously held executive leadership positions at Sesame Communications, Saflink, and several Paul Allen companies.

 

 

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