Five electric utility chiefs are showing true leadership for their companies and for an entire industry.
Interviews by Richard Stavros
PUCs could face rate shock if feds push plans for an RTO signup bonus.
Phillip S. Cross
PUCs could face rate shock if feds push plans for an RTO signup bonus.
State PUCs will surely weigh in on the latest move by the Federal Energy Regulatory Commission (FERC) to work its will on the nation's electric transmission grid. In this case, the item in question concerns a policy statement proposed by FERC that would reward electric utilities for investing in new transmission upgrades and-more importantly-for joining up with a regional transmission organization (RTO).
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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.
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Judy Pensabene has joined the Republican staff of the Senate Energy and Natural Resources Committee as deputy chief counsel. She is returning to the committee, where she worked from 1990 to 1995, after serving as vice president of federal affairs at Constellation Energy Group.
Entergy announced that Peter P. Schneider has been hired as vice president of Nuclear Human Resources, a new position within the company. Schneider's prior experience includes stints at Human Resources Strategies and Solutions, Inc., Exelon, and PECO Energy.
How building capabilities for repeated M&A can increase shareholder value.
see Table 1
How building capabilities for repeated M&A can increase shareholder value.
Despite significant recent upheavals, the energy industry's long-term consolidation is likely to continue. Many companies appear to be moving towards, or have announced, consolidation strategies in their preferred areas of the industry. ()
Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.
Bruce W. Radford
Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.
Dynegy's senior vice president Peter Esposito didn't think much about the celebrated mediation talks on forming a single, unified transmission grid for the Northeast U.S.
FERC Docket No. ER01-2076-000, protest filed June 15, 2001.
Wall Street analysts favor the utilities whose leaders think like they do.
Bob Shields
FERC Docket No. EL01-38-000, filed Feb. 14, 2001
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