Lead Economist of Power Energy and Water
Teri Viswanath is a lead economist in CoBank’s Knowledge Exchange Division, where she focuses on the energy industry, including the electric distribution, generation and transmission sectors, as well as the rural water industry. She develops market intelligence, strategic guidance and policy assessments on these key industries to inform CoBank and customer leadership decisions.
Before joining CoBank, Ms. Viswanath was director of corporate strategy for First Solar, where she led the market and competitive intelligence research for the organization including initiating long-term scenario planning to identify evolving market risks in order to manage future uncertainties. She previously held energy economist positions with S&P Global, BNP Paribas, Credit Suisse and Deutsche Bank and began her work in energy with Dynegy, as a power plant asset manager. In all, Ms. Viswanath has more than 20 years of expertise in energy economics, in addition to her early career experience in finance and the law.
Ms. Viswanath earned a bachelor’s degree in finance from Central Michigan University and a juris doctorate from Fordham University; she also studied at the University of Texas School of Law.
Anticipation of a return to normal is in the air. But for the economy and rural industries, there will be no going back to pre-COVID conditions.
The February 2021 winter storm and widespread power outages have raised new concerns about the future of grid resilience.
One of the more thought provoking sessions I attended at this year’s NRECA PowerXchange conference focused on how the events of 2020 will likely accelerate transformation for the U.S. electricity industry.
2021 has quickly altered the political and market landscape. And optimism, particularly about the second half of the year, is rising. But to get there, all of us must muddle through for a few months more.
The speed of the economic recovery will largely hinge on the availability, dissemination and reach of COVID-19 vaccines, pushing the expected burst of pent-up consumer demand into the latter half of 2021, according to a comprehensive year-ahead outlook report from CoBank’s Knowledge Exchange division.
With fuel competition unlikely to abate, there is little opportunity for a revival in the U.S. coal patch.
Many consequences of the COVID-19 pandemic for the U.S. power industry have been extreme – from demand destruction to more intense supply-side competition.
The coronavirus pandemic has now impacted all four quarters of 2020, and seemingly every aspect of life and business.
The accumulated effects of deferred maintenance may pose a future reliability risk should staffing shortages persist.
Summer-time air conditioning demand masked underlying electricity demand weakness associated with COVID-19. As temperatures begin to moderate, loads will once again soften.
While the long-term impacts of COVID-19 on the power sector remain unclear, belt tightening is a must and the industry has an opportunity now to adapt.
Over the past four months, every rural industry has grappled with how to adjust its business to remain relevant and sustainable in the pandemic. Agricultural supply chains have been massively disrupted and lost revenue. Water and power suppliers have adapted as commercial and industrial customers went dark and demand shifted to residential customers. And the communications industry is seizing a moment when home broadband access has become vividly essential, to help expand access to everyone, everywhere.