Keywords

Public Utilities Reports

PUR Guide 2012 Fully Updated Version

Available NOW!
PUR Guide

This comprehensive self-study certification course is designed to teach the novice or pro everything they need to understand and succeed in every phase of the public utilities business.

Order Now

Fortnightly Magazine - June 2007

2007 CEO Forum: Greenhouse Gauntlet

Tackling climate change is a monumental challenge. Power-company CEOs discuss long-range plans for a climate-friendly energy economy.

Michael T. Burr

Seven CEOs—from Exelon, Great Plains Energy, National Grid, NRG Energy, Duke Energy, FPL Group, Great River Energy—explain how global warming is affecting their customers, shareholders, and employees.

Clean Air Rules: A New Roadmap for the Power Sector

How new market-based regulations fit with today’s programs.

Sam Napolitano, Melanie LaCount, James O. Lee, Beth Murray, Mary Shellabarger, and Sam Waltzer

What do the Clean Air Interstate Rule, the Clean Air Mercury Rule, and the Clean Air Visibility Rule require of the power sector? Authors from the Environmental Protection Agency review implementation progress.

Carbon Costs: The Coming Battle

Where are prices going, and where have they been?

Caroline Gentry and Jamie Webster

The Supreme Court’s recent decision empowering the Environmental Protection Agency to regulate carbon dioxide shifted momentum toward a mandatory program to cap greenhouse-gas emissions. Eventually, there will be huge implications for power generation.

Restructuring Revisited

What we can learn from retail-rate increases in restructured and non-restructured states.

J.P. Pfeifenberger, G.N. Basheda, and A.C. Schumacher

Significant rate increases in many retail-access states have regulators and policy-makers asking whether customer choice and utility restructuring have failed, and what they can do about these rate increases.

Viewpoint: In Defense of Markets

The latest resistance to deregulation is built on a foundation of lies.

Todd W. Bessemer and Francis X. Shields

A motley assortment of naysayers and recalcitrants continue to oppose competitive electricity markets around the world. But the alternative to markets is centralized command economics—a discredited concept that deserves to be consigned to the dustbin of history.

Highlighting Interoperability

A decision-maker’s checklist provide a starting point—but not an end-point.

Alison Silverstein and Richard Schomberg

Recent predictions suggest that the U.S. electric industry will invest $300 billion in new transmission and distribution (T&D) facilities (including advanced meters) over the next decade, and $400 billion in new power plants over the next 25 years to meet forecasted demand growth. If we start now, we can build interoperability principles and capabilities into those investments and hasten the improvements in reliability, costs, innovation and value that interoperability can deliver.

Letters to the Editor

John S. Ferguson: I concur with Mark Williams’ assessment that the proposed KKR/TPG acquisition of TXU through a leveraged buyout (LBO) may “have negative consequences for Texas customers,” which he indicates as being a consequence of the nature of an LBO. I think it is more likely a consequence of the nature of the restructuring imposed by the Texas Legislature.

Stephen L. Teichler and Ilia Levitine: We take it with good humor that Scott Strauss and Jeffrey Schwartz used our report on the 9th Circuit’s recent Mobile-Sierra decisions as a foil to the grand argument that courts should return to the “statutory roots” in their interpretation of Mobile-Sierra.

A Primer on the PIM Framework

How enterprise risk management practices impact the Standard & Poor’s rating process.

Terry Pratt

About a year ago, Standard & Poor’s expanded the methodology used to review and assess the enterprise risk management practices of U.S. energy firms with trading desks. The methodology, known as the PIM framework, focuses on the three aspects of policies, infrastructure, and methodology, and produces a comprehensive evaluation of a firm’s risk management. The importance of each of these aspects in a company’s risk culture, and our opinion of its risk management quality, will depend on that company’s size, complexity, and range of risk.

A Climate Emergency?

Capacity shortages from global warming should be the real cause for alarm.

Richard Stavros, Executive Editor

Suppose the experts are wrong about climate change. Suppose they’ve underestimated the impact of global warming. Of course, to longtime readers of Public Utilities Fortnightly, the idea that a warming climate might force adjustments in utility resource plans is nothing new.

People

(June 2007) The Nuclear Regulatory Commission announced the selection of Darren B. Ash as CIO and deputy executive director for information services. The Westar Energy Inc. board of directors announced that William Moore will succeed CEO James Haines. Energen Corp. shareholders re-elected five members to the diversified energy company’s board of directors. The Electric Power Supply Association announced the addition of Conrad Lass to EPSA’s senior staff as vice president of legislative affairs. And others...

Pages