Which utilities and states will be most affected by the new rules?
Regarding May's lengthy discussion by EPA officials on the Clean Air Interstate Rule: Which states, companies, and generating units will be most affected by the new rules?
The SEC denies approval of the AEP/CSW merger. What will that mean for industry consolidation?
What's wrong the Public Utility Holding Company Act of 1935 (PUHCA)? The 1935 act clearly did not contemplate a competitive marketplace for electricity. Legislation should be updated to reflect the prevailing energy economic climate.
Recent attrition raises the question: Consolidation or death spiral?
Despite some setbacks, the transco business might be ready to turn the corner toward a new phase of growth. Will the remaining barriers roll away and allow the industry to grow beyond three companies?
Environmental Emissions: The cost to power markets of the Clean Air Interstate Rule depends on the ability to trade mercury.
The decision to limit mercury provides cover for utilities reluctant to spend on controlling NOx and SO2, while boosting other companies
The CEO Power Forum: Not all utility CEOs are created equal...
Interviews by Richard Stavros
We talk with Cinergy’s James E. Rogers, DTE Energy’s Anthony F. Earley Jr., Constellation Energy’s Mayo A. Shattuck III, Xcel Energy’s Wayne H. Brunetti, FPL Group Inc.’s Lewis Hay III, and TXU’s C. John Wilder.
Financial buyers are snapping up power plants faster than at any time in history. The asset shift represents an interim step in a wholesale-market transformation.
A dam broke last year, releasing a wave that even now is spreading through the U.S. power industry. Deals that had been languishing on the auction block for months suddenly surged forward in 2004, and assets began changing ownership at a torrential pace. Understanding what this means for the power industry requires a long-term perspective on wholesale-market trends.
Electric M&A: The merger with PSE&G may herald a new industry structure, squarely at odds with regional markets.
The marriage between Exelon and PSEG would create the largest electric utility in the United States. The policy implications could loom even larger, however. Standing at risk is nothing less than FERC’s entire regulatory regime for approval of mergers and market-based rates.
Where Entergy leads, will Wal-Mart follow?
Everyone is talking about Entergy's move to form a single-company RTO-lite across its service territory in Arkansas, Mississippi and Louisiana.
Gas distributors tell how their business strategies are changing in response to issues such as higher gas prices, electric M&A, LNG, and gas pipeline development.
Does the push for liquefied natural gas raise more questions than it answers? Will natural-gas prices level off? Gas executives from Duke Energy, New Jersey Natural Gas, National Grid USA, Sempra Energy, and Southern Co. tackle the most pressing issues.
Sticking to the Knitting:
Dean C. Maschoff, Thomas F. Read, and R. John Dingle
Business & Money
Sticking to the Knitting:
A review of three years of post-Enron stock performance by electric utilities.
Immediately following the Enron collapse, investors dumped the stock of any electric power company that appeared to be pursuing non-traditional growth strategies. Any company that emphasized unregulated businesses-investments in overseas assets, merchant power plant development, and energy marketing and trading-was suspect.