(October 2007) J. William Ichord joined Sempra Energy as vice president of government relations. DPL Inc. appointed Frank F. Gallaher to the boards of directors of DPL and The Dayton Power and Light Co. The board of directors of NiSource Inc. elected Deborah S. Coleman, executive vice president and COO of the National Urban League, to the NiSource board of directors. And others...
Some say the five-year love affair with the industry is at an end.
Jean Reaves Rollins and Richard Stavros
Analysts: Down on utilities. Is the party over? That’s the tough question posed in a research note by Wachovia equity research analyst Samuel Brothwell.
High power bills, with the lifting of rate freezes, give pause to politicians.
By Richard Stavros, Executive Editor
The Baltimore Sun recently carried a very poignant letter from one of its local readers— a letter that utility executives might well take to heart. Appearing under the title, “Energy Advice Cruel to Poorer Readers,” the letter took offense at an article that trivialized the effect of the huge increase in local electric bills (35 to 72 percent) expected this July with the lifting of a long-standing retail rate freeze.
(August 2005) President Bush nominated Joseph Kelliher to chairman of the Federal Energy Regulatory Commission. Xcel Energy named Richard C. (Dick) Kelly CEO. And others...
Interviews by Richard Stavros
THE CEO POWER FORUM
Not all utility CEOs are created equal...We take this to be self-evident after the bankruptcies, ratings downgrades, balance-sheet blowups, and financial debacles that took place in the industry in the last five years.
Those utility CEOs that kept the corporate ship sailing smoothly, growing their companies right through those turbulent times also evidenced this premise.
Did FERC's market power ruling go too far?
Richard Stavros
Frontlines
Did FERC's market power ruling go too far?
Will utility executives and proponents of electric competition mark July 8, 2004, as a dark day? That was the day the Federal Energy Regulatory Commission (FERC) said it would make no changes to the extremely contentious "interim" screen-the one it adopted back in April to measure market power in electric generation.
Electricity rates may be heading skyward sooner than we think.
Richard Stavros
Frontlines
Electricity rates may be heading skyward sooner than we think.
Are state regulators in danger of bringing about the thing they most fear-higher electricity rates? Critics charge that some regulators seem to be opening up the cookie jar, letting utilities have as they please with no supervision.
From reporting to trading, utilities try to meet new expectations.
Douglas W. Smith and Kyle W. Danish
From reporting to trading, utilities try to meet new expectations.
On the issue of global climate change, most utilities have devoted their attention to tracking developments in Washington, D.C., following the rising and falling fortunes of legislation that could result in federal greenhouse gas (GHG) reporting or regulatory requirements. For the most part, utilities have taken comfort in the resolutely anti-regulatory stance of the Bush administration on greenhouse gas emissions.
Vegetation that helps break down toxins debuts at manufactured gas plant site.
Jennifer Alvey
Vegetation that helps break down toxins debuts at manufactured gas plant site.
Planting swaths of rye grass and mulberry trees and sowing the soil with bacteria are hardly standard operating procedure when it comes to cleaning up manufactured gas plant sites. But if Bill Bogan has his way, it just might be.
Lehman Brothers and others say upcoming rate cases and falling unregulated earnings mean some IOUs will have less to show for their effort.
Richard Stavros
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