FirstEnergy

People

New Positions:

People

New Positions:

AEP named John D. Harper vice president of general services. Harper has been with AEP since 2000, most recently as vice president of corporate technology development.

Paul M. Barbas joined the senior management at Chesapeake Service Co., taking on the role of president. He also becomes vice president of Chesapeake Utilities Corp. Barbas previously was executive vice president of Allegheny Power.

Business & Money

Sizable gains return to the market.

Business & Money

Sizable gains return to the market.

 

With an average appreciation of 18.9 percent since we last ran SNL Financial's dividend data , SNL's safe dividend picks appeared to do well for any market. However, like the fine golden years of the late '90s for all things technology, recent months have returned sizable gains to investors of energy stocks-not what one would expect from slow growth, dividend-paying electric and gas utilities that make up the majority of the SNL Energy universe.

Commission Watch

PJM would dictate grid expansion, even if not needed for reliability, and then push the cost of the upgrades on those who use them the most.


PJM would dictate grid expansion, even if not needed for reliability, and then push the cost of the upgrades on those who use them the most.

Chairman Pat Wood and his Federal Energy Regulatory Commission (FERC) may well have given up on attempts to impose a standard market design (SMD) on the electric utility industry, but that doesn't mean the nation's grid system operators won't try the same thing.

Commission Watch

While electric restructuring pauses, telecom pushes forward.

State PUCs Show Split Personality

 

 

While electric restructuring pauses, telecom pushes forward.

No matter which way they turn, state public utility commissions (PUCs) have their work cut out for them.

While federal policy-makers push ahead with wholesale market reforms in the electricity sector, many at the state level now call for a cautious approach to protect consumers.

Commission Watch

FERC looks ahead to the new year as it wraps up loose ends from 2002.

FERC: SMD/Grid Issues Lead 2003 Agenda

 

 

Competition Lost

U.S. companies' international strategies turn sour, as Europe faces a future with an oligopoly of power companies.

U.S. companies' international strategies turn sour, as Europe faces a future with an oligopoly of power companies.

While the European Union is pushing to give all industrial and commercial customers electric choice by 2004, giant incumbent European utilities are increasingly dominating power markets across Europe and the United Kingdom.

People

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The Association of Edison Illuminating Cos. (AEIC) elected new officers. Thomas Shockley III, vice chairman and chief operating officer of American Electric Power, was elected president of AEIC. Elected as first vice president was Peter Burg, chairman and CEO of FirstEnergy. Richard Grigg, president and COO of We Energies, was elected second vice president.

A Vision for Trasmission: How the RTOs Stand

And where the trouble spots lie in FERC's grid plan.


And where the trouble spots lie in FERC's grid plan.

The mood appeared calm on June 26 in Washington, D.C., at the regular bi-weekly meeting of the U.S. Federal Energy Regulatory Commission (FERC). Key officials from various regional transmission organizations (RTOs) had gathered before chairman Pat Wood and the other commissioners to brief them on progress over the past year in reforming wholesale electric markets, and on what the FERC might expect in the summer at hand.