Calendar of Events

Sep 29, 2014 to Oct 03, 2014 | Michigan State University, Lansing MI
Oct 01, 2014 to Oct 03, 2014 | Washington, DC
Oct 06, 2014 to Oct 08, 2014 | Los Angeles, CA

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Public Utilities Reports

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New Jersey

People

New Positions:
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People

New Positions:

Mirant's board of directors elected Robert N. Dangremond as its chief restructuring officer, following the company's Chapter 11 filing in mid-July. Dangremond is a principal with AlixPartners LLC.

Beth W. Cooper was appointed corporate treasurer of Chesapeake Utilities Corp., headquartered in Dover, Del. Cooper moves from the role of assistant treasurer for the utility.

People

New Positions:
We welcome submissions to People, especially those accompanied by a Color Photograph. Send to:

New Positions:

The Allegheny Energy Inc. board of directors named Florida Power & Light Co. President Paul Evanson its new chairman, replacing the retiring Alan J. Noia. Allegheny's interim president, Jay Pifer, assumed the duties of COO at Allegheny. Evanson had been with Florida Power and Light since 1992. He will be replaced temporarily by Lew Hay, chairman and CEO of FPL Group, until a permanent replacement is found.

Gas Pipelines Do the Safety Dance

The industry responds to FERC's new safety regulations.
Lori A. Burkhart

The industry responds to FERC's new safety regulations.

Utility companies are scrambling to understand and comply with the Pipeline Safety Improvement Act of 2002, which became law in December 2002. According to Daphne Magnuson, director of public relations at the American Gas Association (AGA), the act will require member companies to make significant changes during the next 10 years in how they operate.

Business & Money

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

Business & Money

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

Face-Off: The Renaissance of Nuclear Power

Nuclear power is on the verge of an extraordinary expansion.
John Sillin

Perspective

Emotions have run high in the SMD/RTO debate. It's time for cooler heads to prevail.
W. Scott Miller III

Business & Money

In a "like kind exchange" transaction, the IRS permits a seller to defer taxes on its inherent gain on assets being sold.
Thomas V. Glynn and J. Michael Parish

In a "like kind exchange" transaction, the IRS permits a seller to defer taxes on its inherent gain on assets being sold.

The utility community is starting to experiment with a "like kind exchange" (LKE)-a type of tax-advantaged asset acquisition and disposition transaction used extensively in connection with commercial real estate and various types of personal property, but which heretofore has not achieved widespread acceptance in the utility industry.

Commission Watch

FERC faces a growing chorus of rebellion on earnings incentives.
Phillip S. Cross and Bruce W. Radford

FERC faces a growing chorus of rebellion on earnings incentives.

"If I may say, today, we the states are the chosen ones." That was Virginia utility commissioner Hullihen ("Hulli") W. Moore, speaking on the phone in January with Federal Energy Regulatory Commission (FERC) Chairman Pat Wood and other federal and state regulators, trying to untangle the business of transmission reform.

In Search of... Transmission Capitalists

Facing a cash crunch, transmission owners look for new funding sources.
Elliot Roseman and Paul De Martini

 

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