CFC Solutions Cast

CFC

CFC's podcast is focused on highlighting financial and energy industry insights that matter most to the electric cooperative network. read less
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Episodes

A Game Changer: The Team Sport of Infrastructure Planning — Part 2
Oct 26 2023
A Game Changer: The Team Sport of Infrastructure Planning — Part 2
A Game Changer: The Team Sport of Infrastructure PlanningIn the second half of this two-part episode, we speak with Wright-Hennepin Cooperative Electric Association Director of Operations Lee Nordby and Director of Engineering Curt Cordt to discuss the dynamic field of electric utility infrastructure planning and the transformative changes happening in the industry. The Wright-Hennepin team has a unique approach to infrastructure planning—considering it a team sport. This non-traditional approach recognizes the importance of infrastructure investments beyond conventional elements, encompassing technology, marketing, beneficial electrification and more. Nordby and Cordt discuss developing and shifting work plans and technology plans to meet the changing needs of their cooperative membership. Wright-Hennepin serves approximately 59,000 members in western Hennepin County, Minnesota. The cooperative is a mix of suburban and traditional cooperative areas that are experiencing high growth demands and increased electrification of the transportation sector.  Learn how Wright-Hennepin are bringing their A-game on investments to meet a growing territory population and an increase in energy demand.Outline:00:56 Operations and Technology in the Strategic Vision01:55 What Does Long-Term Planning Mean for Operations and Technology?06:43 How Does Changing Technology Affect Planning?10:51 Choosing the Right Technology to Go With the Strategic Vision13:12 Building a Robust Generation Program14:24 Training, Talent and Relationship Building20:06 Hiring Third Parties21:13 Keeping the Board Informed22:06 Handling the Unexpected25:05 Working the Plan26:22 How to Handle an Outdated Plan28:54 Top Three Tips
A Game Changer: The Team Sport of Infrastructure Planning — Part 1
Sep 29 2023
A Game Changer: The Team Sport of Infrastructure Planning — Part 1
A Game Changer: The Team Sport of Infrastructure Planning In part one of this two-part episode, we speak with Wright-Hennepin Cooperative Electric Association CEO Tim Sullivan and CFO Brian Swanson to discuss the dynamic field of electric utility infrastructure planning and the transformative changes happening in the industry. Sullivan has a unique approach to infrastructure planning—considering it a team sport. This non-traditional approach recognizes the importance of infrastructure investments beyond conventional elements, encompassing technology, marketing, beneficial electrification and more. Sullivan and Swanson touch on the rapid pace of change in infrastructure planning due to technological advancements and the importance of adapting to these changes. Wright-Hennepin serves approximately 59,000 members in western Hennepin County, Minnesota. The cooperative is a mix of suburban and traditional cooperative areas that are experiencing high growth demands and increased electrification of the transportation sector. Learn how Sullivan and his team are bringing their A-game on investments to meet a growing territory population and an increase in energy demand.Outline:05:13 Infrastructure Planning Strategy12:40 Developing a Long-range Financial Plan14:42 Financial Planning and the Board of Directors18:20 Making a Strategic Shift to the Infrastructure Plan22:50 Energy Transition and Electric Vehicle Strategies29:10 Keeping Members Informed32:53 Calling Balls and Strikes on Undergrounding Lines34:29 Infrastructure Planning with a Focus on Labor37:23 Top Tips for Co-op Leaders Developing an Infrastructure Plan