Calendar of Events

Sep 08, 2014 to Sep 10, 2014 | Chicago, IL
Sep 29, 2014 to Oct 03, 2014 | Michigan State University, Lansing MI
Oct 01, 2014 to Oct 03, 2014 | Washington, DC

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Public Utilities Reports

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GE

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BYLINE
Michael T. Burr

BYLINE

As a former independent power producer, George Lagassa is sympathetic to the woes of the merchant power industry. Until just a few years ago, he held the license to a micro-hydro qualifying facility (QF) in New Hampshire, so he understands what it takes to compete in a regulated-franchise industry. Yet, as the principal of Mainstream Appraisals in North Hampton, N.H., Lagassa is also a dedicated pragmatist. He sees the industry's consolidation trend as a sort of correction in the U.S. power market.

People

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We welcome submissions to People, especially those accompanied by a high-resolution color photograph. E-mail to: photos@pur.com

People

New Opportunities:

Duke Energy made several changes to its executive leadership. Dick Blackburn said he would retire as the company's executive vice president, general counsel, and chief administrative officer. He had been with the company since 1997. Duke also named Bill Easter chairman, president, and CEO of Duke Energy Field Services, replacing Jim Mogg, who moves up to group vice president and chief development officer for Duke Energy.

Plants for Sale: Pricing the New Wave

Financial players and load-serving utilities are looking for power asset deals.
David Haarmeyer, Mark Griffith, and Grant Thain

Financial players and load-serving utilities are looking for power asset deals.

Despite talk of wide bid-ask spreads in the past two tumultuous years, some 60 sales of generation assets have been announced. These sales cover more than 22 GW of capacity, valued on a cash-and-debt basis at approximately $11 billion. A wide variety of buyers and sellers have participated in the sales activity, with a pronounced entry by financial players (investment banks and private equity firms) and load-serving entities (LSEs) looking for capacity to serve their load.

Perspective

New realities demand new direction from utilities.
Timothy F. Sutherland and Gary Vicinus

Perspective

New realities demand new direction from utilities.

 

Business & Money

Is the industry on the verge of a new consolidation wave? Should it be?
George Bilicic

Business & Money

Is the industry on the verge of a new consolidation wave? Should it be?

 

Benchmarks

The 50 hertz market is poised for growth as the 60 hertz market levels off.
Arnold Leitner

Benchmarks

The 50 hertz market is poised for growth as the 60 hertz market levels off.

 

The savvy traveler considers three things when taking electronic equipment abroad: the voltage of the outlet, the type of plug needed, and the power frequency of the destination country. Builders of power plants and their suppliers, however, need concern themselves only with the latter of the three.

Letters to the Editor

Fortnightly

Letters to the Editor

To the Editor:

Frontlines

Bankruptcy may not be better for ratepayers.
Richard Stavros

Frontlines

Bankruptcy may not be better for ratepayers.

Frontlines

The ISO graples with the politics of scarity.
Bruce W. Radford

The ISO graples with the politics of scarity.

In regions that have embraced electric industry restructuring, such as New York, New England, and the mid-Atlantic states, where independent system operators (ISOs) have taken over and the standard market design (SMD) has grabbed a foothold over bulk power transactions, one fascinating question still dogs theorists and policymakers alike:

Is a power supply shortage really all that bad?

Off Peak

School plays teach efficiency, creativity, and self-confidence.
Mark Fryburg

School plays teach efficiency, creativity, and self-confidence.

Bumbling Melvin Markham is a hero. He just doesn't know it. As the central character in an innovative school play, Melvin learns that everyone can save energy and the environment.

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