Experts Predict Future Impacts on the Industry at EEI Financial Conference

Experts Predict Future Impacts on the Industry at EEI Financial Conference

Experts Predict Future Impacts on the Industry at EEI Financial Conference

A panel of chief financial officers (CFOs) from four large power companies spoke to the future of the industry at the Edison Electric Institute (EEI) Financial Conference, Nov. 10-12. The Daily Energy Insider reported that panelists discussed resiliency, affordability, cybersecurity, regulations, and renewables. They believe these topics will impact energy companies an the industry as a whole in the next decade. Read the full story for details and quotes from participants.

Proposal in Florida Could Facilitate more Underground Projects

Proposal in Florida Could Facilitate more Underground Projects

Proposal in Florida Could Facilitate more Underground Projects

A recent news story cited how proposed laws in Florida could help promote the expansion of underground power lines. The proposal received support from lawmakers during the spring legislative session, however, the Florida Public Service Commission is responsible for carrying out details of a new “storm protection” law which would effectively reduce power outages when hurricanes hit.

A key part of the law changes the financing process for underground power-line projects, which could lead to more projects. See the complete story here.

Something has to Give.

Something has to Give.

Something has to Give.

The electric power industry isn’t known for being especially apt for change. At a recent panel discussion hosted by Politico, panelists discussed the cumbersome multistate permitting process that often slows or derails transmission projects. The panel also discussed the importance of research and development in the industry. In particular, there was a push to advance long-duration electric storage. Visit S&P Global to see the complete article and learn who participated on the panel.

Irby CEO Lee Jones Honored by Mississippi Business Journal

Irby CEO Lee Jones Honored by Mississippi Business Journal

Irby CEO Lee Jones Honored by Mississippi Business Journal

Friday, March 29 the Mississippi Business Journal will publish the Top CEO’s for 2019. Irby Construction is proud to have our President, Lee Jones, recognized for this honor. Lee was among several prominent recipients in this year’s class including Mississippi Power’s President, Anthony Wilson, and Atmos Energy Mississippi’s President, David Gates. Congratulations Lee!

As President of Irby Construction, Lee Jones drives the operations of the largest, nonunion, specialized contractor of electric power for Quanta Services. Prior to his current role, he served as Director of Project Management at Quanta Services. In this position he oversaw the Project Management Office, providing key insight for the successful execution of major electric power transmission projects across Quanta’s 56 Operating Units.

Mr. Jones began his career at Irby in 2002. In 2008, Mr. Jones went on to work for another Quanta subsidiary, North Houston Pole Line, where he participated in the execution of several large electric power projects in the state of Texas. Mr. Jones worked his way up to Vice President at North Houston Pole Line participating in several important projects working directly with Quanta Services management and many of Quanta’s subsidiaries. In December of 2015, Quanta Services announced its appointment of Mr. Jones as President of Irby Construction Company which was effective on March 1, 2016. 

Transmission Project Growth on the Horizon

Transmission Project Growth on the Horizon

Transmission Project Growth on the Horizon

WIRES released a new report earlier this month, titled The Coming Electrification of the North American Economy: Why We Need A Robust Transmission Grid. The details of the report project that investments of $30-to-$90 billion will be needed by the year 2030, and significantly more than that by 2050 in order to keep up with demand created by transportation, heating, and data application sectors.

According to the report, the number of electric vehicles on the road and other electricity used are slated to increase exponentially, placing stress on the existing grid. Expanded transmission infrastructure will be necessary to support a fundamentally different energy economy anticipated. Read the WIRES press release here or check out the full report and all the details here. 

The new WIRES report prediction is good news for Irby Construction, a company that has a reputation a premier electric transmission contractor.