Calendar of Events

2013 Deloitte Energy Conference
May 21, 2013 to May 22, 2013 | Washington, DC
Distribution Automation & Grid Modernization
May 21, 2013 to May 22, 2013 | Charlotte, North Carolina
5th Annual Managing Regulatory Compliance for Electric Utilities
May 21, 2013 to May 23, 2013 | Atlanta, GA
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Public Utilities Reports

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Dominion

Transactions

(March)

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People

New Opportunities: Ben Fowke, chairman, president and CEO of Xcel Energy, was named to a committee composed of CEOs from the utility and nuclear industries that will receive regular briefings from the FBI, National Security Agency, Department of Energy, and Department of Homeland Security to begin cooperative efforts on cybersecurity issues.

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Digest

TVA moving ahead with Babcock & Wilcox mPower small modular reactor; Bechtel begins refueling and uprate work at Xcel's Monticello plant; NRG starts operations at 66-MW PV facility; NIST starts developing cybersecurity framework under presidential order; BPA to upgrade HVDC converter station; PacifiCorp working with CAISO to create real-time energy market; Cupertino Electric to install 230-kV line for 200-MW PV plant; plus contracts and announcements from Alstom, Siemens, Echelon, EPRI, Sempra, and others.

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Build to Order

Engineers and constructors adapt to serve an industry in transition.

Michael T. Burr

From gas pipelines to PV arrays, the nation’s contractors are seeing growth in utility infrastructure. Fortnightly talks with executives at engineering and construction firms to learn what kinds of projects are moving forward, where they’re located, and what lies over the horizon.

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Transactions

February was a quiet month for debt issues, with asset sales and equity issues dominating the market. Deals by NextEra, Sempra, SRP, Dominion, TransCanada, and others totaled at least $2.4 billion.

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People

Southern Company makes changes in operations and power subsidiaries; Michael Chesser to leave KCPL board; Dynegy names new e.v.p.; Rolando Pablos resigns from Texas PUC; In Memoriam: Kris R. Nielsen.

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North Carolina Approves Dominion Rate Base Expansion

Upon review of Dominion North Carolina Power’s petition for $63.66 million in additional revenues, the North Carolina Utilities Commission authorized the utility to increase its nonfuel base rates by $36.44 million. The commission rejected the company’s recommended ROE of 11.25 percent in favor of a 10.2-percent ROE instead.

Dominion to Build PV Project in Georgia

Dominion acquired a solar energy development project from Smart Energy Capital and Jacoby Development. The Azalea facility, planned near Augusta in east-central Georgia, is expected to produce approximately 7.7 MW (AC) using photovoltaic technology. Dominion plans to select a contractor and oversee the construction of the project, which is expected to sell power to Cobb Electric Membership Corp. under a 25-year agreement, starting in December 2013. Financial details weren’t disclosed.

People

Sempra board names Debra Reed chairman; Entergy utilities and FENOC appoint new CEOs; Rep. Heath Shuler becomes Duke’s federal affairs v.p.; Dominion gets new CIO; NARUC names new officers; plus executive appointments at Constellation, ITC Holdings, Gas Technology Institute, and others.

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Digest

(January 2013) Dominion Virginia Power contracts Alstom for HRSGs at 1,300-MW Brunswick County station; Entergy acquires KGen plants; San Diego Gas & Electric installs new outage management system; ChargePoint enters reseller agreement with Service Solutions; Saft to install battery storage project at High Wind project in Saskatchewan; NRG’s eVgo finalizes plans for California charging network; plus contracts and announcements from ABB, ADT, Elster, Itron, ElectroIndustries, Opower, Panasonic, FirstEnergy, PacifiCorp, and others.

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