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Fortnightly Magazine - September 15 2003

Technology Corridor

How effective are federal energy efficiency regulations?
Edward Reid and Lynne Kiesling

Technology Corridor

How effective are federal energy efficiency regulations?

 

New buildings must meet federal energy efficiency guidelines, which have historically used site-energy measurements as the metric for building energy consumption. Using site-energy measurements, though, ends up favoring the use of electricity from the grid, rather than using electricity produced on site.

The Blackout of 2003: Why We Fell Into The Heart of darkness

The road to the current reliability crisis is paved with four decades of bad policy decisions.
John O. Sillin

The road to the current reliability crisis is paved with four decades of bad policy decisions.

 

The technical causes of the great Northeast blackout of August 2003 are coming into focus. For reasons yet unknown as of press time, transmission lines in northern Ohio were lost to the grid, and within seconds 50 million people in the United States and Canada were without power. Soon we will no doubt know the specific reasons for the blackout, and technical corrections and improvements will be made.

CROs: Defending the Faith

"Back-to-basics" strategies challenge enterprise-risk philosophies.
Michael T. Burr

"Back-to-basics" strategies challenge enterprise-risk philosophies.

 

Nearly a year ago, cover story announced the rise of the chief risk officer (CRO). "Utility senior management is becoming positively enamored with the office of the CRO," we said. "Fully 40 percent of America's CROs work for utilities and energy companies."

Resource Planning After the Crash

How to update yesterday's IRP model to account for tomorrow's risk profile.
Gary Vicinus, Mike Gettings, Art Holland, Tom La Berge, Ruben Moreno

How to update yesterday's IRP model to account for tomorrow's risk profile.

 

The process we know today as integrated resource planning (IRP) got its start back in the 1980s, when regulators first came to grips with nuclear plant cost overruns and urged utilities in effect to hedge that risk-to give equal weight to conservation, "negawatts," and demand-side management (DSM) as sources of new electric capacity.

Cyber Security: A "Virtual" Reality

Two years after 9/11, the industry remains vulnerable.
Jennifer Alvey

Two years after 9/11, the industry remains vulnerable.

 

Two years ago the utility industry, like everyone else in America, was blindsided by the terrorist attacks of 9/11. In the aftermath, the rush to secure the grid was on, and the caps on security spending came off-at least for a little while.

Two years later, where are we? Is the grid better protected from attack?

It is, but not by much, according to the experts Fortnightly consulted.

Frontlines

The Northeast Blackout goes political.
Richard Stavros

Frontlines

The Northeast Blackout goes political.

Nearly a year ago, cover story announced the rise of the chief risk officer (CRO). "Utility senior management is becoming positively enamored with the office of the CRO," we said. "Fully 40 percent of America's CROs work for utilities and energy companies."

People

New Positions:
We welcome submissions to People, especially those accompanied by a high-resolution color photograph. E-mail to: photos@pur.com

People

New Positions:

AEP named John D. Harper vice president of general services. Harper has been with AEP since 2000, most recently as vice president of corporate technology development.

Paul M. Barbas joined the senior management at Chesapeake Service Co., taking on the role of president. He also becomes vice president of Chesapeake Utilities Corp. Barbas previously was executive vice president of Allegheny Power.

Perspective

Proper authority and market monitoring and mitigation could make the system work.
Robert C. McDiarmid and N. Beth Emery

Perspective

Proper authority and market monitoring and mitigation could make the system work.

 

In the last few years we have watched appalled as the western U.S. electricity markets collapsed, taking with them the solvency and viability of several very large participants, including the California Power Exchange (PX).

Commission Watch

How far will FERC go to restore market confidence?
Lori A. Burkhart

Commission Watch

How far will FERC go to restore market confidence?

 

Despite keen industry interest in FERC's proposed "rules of the road," aka new codes of conduct, it appears the industry will have to wait. FERC recently granted extensions for filings, and the commission will not gather all reply comments until Sept. 18. Filings so far point to differences over the proposals, especially in time frames for reporting bad behavior, appropriate monetary penalties, and defining to whom the rules apply.

Business & Money

Is the industry on the verge of a new consolidation wave? Should it be?
George Bilicic

Business & Money

Is the industry on the verge of a new consolidation wave? Should it be?

 

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