Deutsche Bank, long reliant on its investment bank to boost profits, now hopes for utility-like returns on equity of just 12% compared with the 20% it used to earn.The retreat also has a human cost.
Today, Mr. Gupta leads a team of four developers writing software for utilities like CenterPoint.
BILL BERKMAN, the chairman of Current, said the power-line system had advantages for utilities like Cinergy because it made their electric grids "intelligent".
Demand for generators has meant extra work for utilities like Con Edison, which has had a 50 percent jump since 2010 in the number of requests to inspect the natural gas lines that are being connected to newly installed standby units.
We also look for utilities, like FPL and Southern Company, with good regulated businesses coupled with a lot of low-cost production from nuclear or coal generation that can make money from selling electricity on the wholesale power grid.
Although financing needs remained sizable, particularly in the power and water sectors for utilities like Saudi Electric, issuers that could afford to wait had generally held back from tapping capital and bank markets, hoping that pricing conditions would improve, the S.&P.
People are wedded to their cards," he says, "while in Europe it's a widely-used mechanism to pay for utilities like gas and mobile phone bills".
Of course, how broad an install base something like that could support depends on whether or not Apple ever opens up access to its native SMS kernel for utilities like this.
Bitcoin is a relatively bare-bones blockchain system that requires layers of protocols to be built on top of it to make it a usable platform for utilities like smart contracts.
"It's a dangerous precedent to start taxing internet apps and websites using laws intended for utilities like water and electricity," said Netflix spokeswoman Anne Marie Squeo.
After two days of rioting set off by price increases for bread and utilities like electricity and water, the streets in Maputo, the capital of Mozambique, were largely calm on Friday.
