NSTAR appoints new president; Southern Company names new financial management team; BPA gets new administrator; plus management changes at AEP, Duke, ITC, ConEdison, GDF Suez, ERCOT, MISO, NARUC, and others.
Constellation sold gas assets in Alabama; Atlantic Power sold interests in three Florida cogeneration projects for $136 million; redeemed $150 million of preferred stock; plus debt issues by EdF, and Cheniere totaling $9.8 billion.
Distribution utilities could become an important source of renewable funding.
Distribution utilities are well positioned to provide tax equity for renewable projects, but some state laws prevent it. Tapping the potential will require progressive leadership by utility executives and regulators.
A 2013 retrospective on ‘Saving Gigabucks with Negawatts’ (1985)
Amory B. Lovins
The basic conclusion of “Saving Gigabucks with Negawatts”—that big thermal plants are obsolete—has proven true, as has its call for flexibility and strategic risk management. But the big issues now are no longer about marginal costs; they’re about the very nature of the electricity enterprise.
Independent microgrids are coming. Will franchised utilities fight them or foster them?
Sara C. Bronin and Paul R. McCary
Despite offering a range of benefits, microgrids are proving to be controversial—especially when non-utility owned microgrids seek to serve multiple customers. The biggest battles are taking place in the realm of public policy. But utilities that pursue collaboration rather than confrontation are finding interesting opportunities for profitable investment.
The transition to distributed generation calls for a new regulatory model.
Robert E. Curry Jr.
With the best of intentions, policymakers have encouraged the proliferation of distributed generation (DG) in various forms. Now, however, the trend toward DG is accelerating more rapidly than traditional utility ratemaking and business models are capable of managing. Failure to rationalize the regulatory framework will bring serious and costly disruption.
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