Like a physician with her stethoscope at the outset of a check-up, astute shareholders and directors should use the level and trend of a utility’s market-to-book ratio (MtB) as one of the first...
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.