Fortnightly Magazine - July 2004

Of Blackouts and Lawsuits

Class-action claims for widespread utility service interruptions are a growing trend.

Class-action claims for widespread utility service interruptions are a growing trend.

During the dog days of summer, a severe heat wave settles over the service territory of an electric utility. Electricity demand reaches an all-time peak as customers turn their air conditioners to the highest setting. Service interruptions occur throughout the utility's territory as high loads and low voltages cause breakers to trip, fuses to operate, transformers to overheat, and equipment to fail.

Byline: 
Gavin J. Rooney and Nicole Bearce Albano
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Acceding to Succeed

How joining the EU may transform the Central and Eastern European electricity sectors

How joining the EU may transform the Central and Eastern European electricity sectors

It is not coincidental that energy assets are for sale across Central and Eastern Europe the same year that 10 new countries join the European Union (EU). New member states had to demonstrate significant sector reforms to qualify for EU membership. These sectors have historically had miserable economic results due to artificially maintained low prices, poor and often corrupt management, and significant political interference.

Byline: 
Bridgett Neely and A.J. Goulding
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Transmission Investment: All Talk and Little Action

Except for local reinforcements and new generation interconnections, few transmission construction proposals are moving forward.

Except for local reinforcements and new generation interconnections, few transmission construction proposals are moving forward.

There's plenty of talk about transmission, says Theo Mullen. "But real action on transmission construction is scant," he adds. "Conferences and reports abound. Projects of all sizes are being proposed. But, except for local reinforcements and new generation interconnections, few transmission construction proposals are moving forward. The vast majority of larger projects are stalled for lack of financial commitment."1

Byline: 
Eric Hirst
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