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Leonard Hyman & William Tilles

Contributor since: 08 Dec 2015

Leonard Hyman & William Tilles

Leonard S. Hyman is an economist and financial analyst specializing in the energy sector. He headed utility equity research at a major brokerage house and has provided advice on industry organization, regulation, privatization, risk management  and finance to  investment bankers,  governments and private firms, including one effort to place nuclear fusion reactors on the moon. He is a Chartered Financial Analyst and author, co-author or editor of six books including  America’s Electric Utilities: Past, Present and Future and  Energy Risk Management: A Primer for the Utility Industry. 

You can find Leonard Hyman's lastest book Electricity Acts on Amazon 


William I. Tilles is a senior industry advisor and speaker on energy and finance. After starting his career at a bond rating agency, he turned to equities and headed utility equity research at two major brokerage houses and then became a portfolio manager investing in long/short global utility equities. For a time he ran the largest long/short utilities equity book in the world. Before going into finance, Mr. Tilles taught political science .

Latest articles from Leonard Hyman & William Tilles

  • South Carolina Authorities Fire Utility Commission

    Published 20 February 2018 | viewed 4,277 times

    This week, the South Carolina state House of Representatives, in a virtually unanimous vote, voted to fire all seven members of the state’s public utility…

  • Trump Proposes Sale Of Transmission Assets

    Published 15 February 2018 | viewed 8,830 times

    Hidden away in the Trump Administration’s long-awaited “Legislative Outline for Rebuilding Infrastructure in America” is the administration’s latest idea to raise some cash without raising…

  • Grid Batteries Will Hurt Wholesale Power Generators

    Published 12 February 2018 | viewed 10,684 times

    Last month, one of the largest and most significant electric utilities in the Midwest, American Electric Power (AEP), made a quiet announcement. We believe it…

  • Utility Sues Nuclear Energy Institute For Extortion

    Published 07 February 2018 | viewed 16,485 times

    We aren’t lawyers, but extortion sounds like a serious charge. NextEra Energy, parent of Florida Power and Light and owner of several nuclear power stations…

  • Three Quarters Of British People Want To Re-Nationalize Utilities

    Published 27 January 2018 | viewed 10,877 times

    According to a poll taken late last year, 77 percent of respondents in the UK wanted to re-nationalize all of Britain’s energy utilities. In addition,…

  • The UK May Renationalize Utilities

    Published 20 January 2018 | viewed 9,265 times

    Back in the heady days of Thatcherism, the British government sold just about all its commercial assets: the banks, steel company, airline, ports, and utilities.…

  • A Rare High-Profile Utility Takeover

    Published 10 January 2018 | viewed 7,452 times

    Dominion Energy, Virginia’s largest utility, announced a takeover of holding company SCANA. SCANA's principal operating subsidiary, South Carolina Electric & Gas, is the main privately…

  • Can The U.S. Compete In The Electric Car War?

    Published 03 January 2018 | viewed 17,170 times

    Recently, William Clay “Bill” Ford Jr., executive chairman of Ford Motor Co., said China was “at the heart” of the electric vehicle and the “mobility”…

  • Should The State Take Over Pacific Gas & Electric?

    Published 24 December 2017 | viewed 19,543 times

    First by poison (Aliso Canyon), then by gas explosion (San Bruno), and now by fires (Northern California). This is no joke. There’s an almost biblical…

  • Regulators Rescue Troubled Vogtle Nuclear Plant

    Published 23 December 2017 | viewed 7,397 times

    There’s a scene in that classic black and white boxing movie, Requiem for a Heavyweight. A hulking, groggy Anthony Quinn tries to stay on his…

  • South Carolina Governor Looks To Sell State Utility

    Published 21 December 2017 | viewed 5,737 times

    In one particularly harrowing scene in the movie the Shawshank Redemption, Tim Robbins asks the brutish prison guard whether he trusts his wife. A question…

  • Nuclear Power's Resurgence In The Middle East

    Published 18 December 2017 | viewed 20,113 times

    In his recent trip to Saudi Arabia, we have no doubt that US Energy Secretary Perry discussed that nations’ plans to embark on a 16…

  • Regulated Utilities Could See Big Changes

    Published 13 December 2017 | viewed 6,157 times

    What level of profit does a company need to attract financial capital? Intuitively, business people grasp the idea of tangible expenses such as salaries, rent,…

  • Is This The End Of Nuclear Power In The UK?

    Published 29 November 2017 | viewed 23,954 times

    The UK’s ambitious program to build more nuclear generating stations will begin with the massive Hinkley Point units. Yet, in a recent paper, Prof. Steve…

  • The Problem With U.S. Public Utility Regulation

    Published 27 November 2017 | viewed 11,528 times

    Electric utility regulation is back… Bond rating agency Moody's just released a study reviewing regulation worldwide. The report begins with “Prudent regulation key to mitigating…

  • Energy Majors Hit Hard By Climate Regulations

    Published 20 November 2017 | viewed 9,424 times

    They say that bad news come in threes. The headlines one day this past week certainly gave credence to that notion—at least for the fossil…

  • GE Looks To Divest Energy Assets As Turmoil Continues

    Published 13 November 2017 | viewed 11,493 times

    General Electric Corp., as part of a turnaround plan announced November 13, halved its common stock dividend, from $.24 to $.12. per quarter, a fifty…

  • Why Are The British Paying So Much For Energy?

    Published 02 November 2017 | viewed 14,690 times

    Early this year, British politicians upset by the UK's high electricity prices, commissioned a study, the Cost of Electricity Review. There is an irony here.…

  • Cars Are The Future Of Energy Storage

    Published 23 October 2017 | viewed 18,706 times

    A number of years ago, one of the smartest entrepreneurs in the electric industry (as evidenced by the timing of his sale of generating assets…

  • Kobe Steel Scandal Could Rattle Nuclear Industry

    Published 14 October 2017 | viewed 12,895 times

    Japan’s Kobe Steel has joined a rather unfortunate "club". That club's membership includes those Japanese companies recently racked by scandal and mismanagement. Kobe's management admitted…

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