Mark Twain once wrote: “A banker is a fellow who lends you his umbrella when the sun is shining and wants it back when it starts to rain.” If utility finance executives aren’t careful, they might...
Will Calpine's "Plan B" Restructuring Work?
The resource overbuild in the West complicates the company’s efforts.
Alberta and 1,500-MW Mohave Station assumed to be on cold standby, but not counted toward WECC reserve margin. Also, Global Energy refined the dependable capacity ratings of various units in the WECC, which resulted in lower total capacity relative to the fall 2005 forecast.