Fortnightly Magazine - June 1 2002

CEO Power Forum: Leadership and Credibility in Uncertain Times

The leaders of the electric power industry greatly want to put a positive spin on the current state of affairs in their business.

Enron’s bankruptcy and California’s failed restructuring experience, as well as credit and shareholder concerns, are preventing senior executives from spending adequate time on developing new growth opportunities for their companies and lobbying for electric industry competition.
Byline: 

Mark Hand

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Alliant Energy: Pushing for a Coherent Policy

CEO Power Forum: Erroll B. Davis Jr., Chairman, President, and CEO of Alliant Energy

“I, personally, have always been, and I continue to be, for competition at every level. But I’m not spending a lot of personal time, energy, or political capital, pushing issues of retail choice at this point.”
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PSEG: N.J. Utility Rides Unregulated Wave to the Bank

CEO Power Forum: James Ferland, Chairman, President, and CEO of Public Service Enterprise Group

“We’re running our generation operations with about 40 percent fewer people than we had 10 years ago, and other parts of the country could benefit from similar kinds of competitive pressures.”
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Aquila: New-Look Company Still Bullish on Risk Management

CEO Power Forum: Robert Green, President and CEO of Aquila

“We want to see the framework for investment in transmission clarified so that we can attract capital to de-bottleneck the transmission grid and continue to restructure the transmission segment so there’s no discrimination and we can freely flow electrons across the grid to meet our clients’ requirements.”
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