Exelon Chairman, President, and CEO John W. Rowe, on the proposed merger that would create the largest utility in the United States.
Richard Stavros
Perspective
Exelon Chairman, President, and CEO John W. Rowe, on the proposed merger that would create the largest utility in the United States.
There are utility chief executive officers (CEOs) and then there is utility chief executive officer, or the captain of all captains.
ROUNDTABLE
Michael T. Burr
ROUNDTABLE
Meeting tomorrow's power needs will pose tough choices
"I have seen the future, and it doesn't work."
Journalist Robert Fulford wasn't thinking about the power-generation industry when he coined this oft-quoted expression. But he almost could have been.
A spate of proposed U.S. tax rule changes soon may open a window of opportunity for certain utilities.
Todd M. Landau, Tadd A. Fowler, and Craig King
Business & Money
A spate of proposed U.S. tax rule changes soon may open a window of opportunity for certain utilities.
In the mid-1990s, before the rise of the Internet and the fall of Enron changed the calculus of business investing and the regulatory landscape, the historically staid U.S. utility industry began to be viewed as a "growth play." This triggered a global buying spree that led U.S. companies to invest tens of billions of dollars in electricity generation and distribution businesses all over the world.
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Persistent economic and political issues continue to prevent the expansion of nuclear power.
Michael T. Burr
The economic downturn is increasing utility pension plan costs and liabilities.
Richard Stavros
Pension Plans May Slow Utility Growth in 2003
The economic downturn is increasing utility pension plan costs and liabilities.
While 401(k) stock option plans have increasingly displaced traditional pension plans in corporate America, many mature firms like electric utilities are still administering sizeable pension plans that in the recent economic downturn could compromise future earnings, according to a report by investment bank CIBC World Markets (CIBC).
Gas-fired power is king today, but fuel diversity needs and new technologies may open the door for nuclear and coal.
Lori A. Burkhart
By Lori A. Burkhart
Gas-fired power is king today, but fuel diversity needs and new technologies may open the door for nuclear and coal.
The nation's demand for electricity is expected to grow by over 40 percent in the next 20 years, according to the Energy Information Administration (EIA). Meeting that need will require a great number of new generating plants. The burning question is, what will fuel these new plants?
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