(August 2007) Atmos Energy Corp. announced that John Paris has assumed duties as president of the company’s Mid-Tex Division. ISO New England Inc. elected two new board members: Roberta S. Brown, president of Sassafras River Associates LLC, and Richard E. Kessel, president and CEO of Environmental Power Corp.The board of directors of Public Service Enterprise Group named Richard J. Swift as its presiding director. And others...
Sam Newell, Frank Felder, and Johannes Pfeifenberger
When summer heat waves cause electric demand to peak, they also often cause wholesale electricity prices to rise substantially above their average levels. However, since most electricity customers face retail rates that do not reflect this movement in wholesale market prices, they do not modify their consumption patterns, causing a significant drop in economic efficiency. The Energy Policy Act of 2005 calls upon states and utilities to evaluate and implement DR programs to mitigate this problem.
Some recent utility rate proceedings cast doubt on new ROE models and “risk adders.”
Our annual return on equity (ROE) survey broadly shows a continuing decline in the level of debate over issues specific to restructuring of the electric market. It also reveals a subtle shift back to investor requirements and overall business risks faced by regulated companies.
Not in all cases, or for all stakeholders. Here’s why.
Prescott Hartshorne and James Coyne
The industry perceives substantial benefits from consolidating. But what is the track record? Does the regulatory and strategic landscape suggest these mergers are beneficial?
How Exelon uses its human resources department as a strategic weapon.
What sort of leadership does today's utility need for the future? How does the culture need to change? Who should be hired from within the industry? Who should be hired from outside the industry? Exelon has sought to answer all of these questions, using human resources as a strategic advantage.
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.
The industry continues to debate the costs and technology of automated meter reading, even as some regulators insist on immediate implementation.
Lori A. Burkhart and Richard Stavros
The industry continues to debate the costs and technology of automated meter reading, even as some regulators insist on immediate implementation.
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.
New Positions:
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New Positions:
Allegheny Energy named David C. Benson its interim executive vice president, assuming the responsibilities of Allegheny Energy Supply President Michael P. Morrell, who will make use of the company's early retirement option program. Benson has been with Allegheny Energy for 25 years.
Cleco Corp. appointed Stephen M. Carter vice president of regulated generation. Carter earlier served as superintendent of Dolet Hills power station.
Nuclear power is on the verge of an extraordinary expansion.
John Sillin
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