Fortnightly Magazine - October 2006

The Nation's Grid Chiefs: On The Future of Markets

Exclusive interviews with the CEOs of five regional transmission systems.

Exclusive interviews with CEOs at five regional independent transmission system operators: Phil Harris, at PJM; Gordon van Welie, at ISO New England; Yakout Monsour, at the California ISO; Graham Edwards, at MISO; and Mark Lynch, at the New York ISO.

A Capital Problem: Financing the Next Big Build

As rate disallowances become more commonplace and capital requirements expand, infrastructure development will come with a higher price tag.

As the industry’s regulatory risks and capital requirements expand, financing will come with a higher price tag—and another cost pressure in the ratemaking process.

M&A Value Creation: Combating the "Winner's Curse"

Significant value waits to be unlocked through consolidation, but conventional approaches have been inadequate.

Can consolidation create sustainable long-term value, or will it prove seductive but, ultimately, disappointing to shareholders, employees, customers, and management alike?

Stay Online With Partial Discharge Testing

How to maintain continuous power supply while measuring for weak spots.

Failures in medium-voltage power cables and their components cause a large proportion of annual power service interruptions, especially in high-density urban areas. Locating and repairing weak areas in cables at an early stage can improve the reliability of the energy supply considerably. Partial discharge testing is a proven condition assessment/test methodology.

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