Williams

Williams’ Transco Seeks FERC Approval for Pipeline Expansion to Serve New York City

Williams’ Transco filed an application with FERC for the New York Bay Expansion Project to deliver additional natural gas to New York City in time for the 2017/2018 heating season. The New York Bay Expansion is designed to deliver an additional 115,000 dekatherms a day of natural gas into National Grid's distribution system through the Rockaway Delivery Lateral and the Narrows meter station.

Digest (July 2014)

Austin Energy awards Recurrent Energy a contract for Texas' largest solar power plant; Indianapolis Power & Light receives approval from IURC to invest $600 million in gas turbine power station; Tucson Electric Power to purchase solar power from Avalon Solar Project; Xcel Energy and SunPower sign a PPA for a 50-MW solar plant in Colorado; American Electric Power plans to replace existing wire on transmission line running from Ohio to West Virginia; Midcontinent ISO amends its tariff to allow for short-term variations in net load requirements; FERC approves ISO New England's "Pay-for-Performance" plan.

The Ultimate CEOs: Constellation Energy’s Mayo A. Shattuck III

The CEO Power Forum: Not all utility CEOs are created equal...

"Goldman Sachs built the platform. They came from a world of conventional procedures and compliance, and an understanding of rule sets. Almost every other wholesale platform built in Houston and run by cowboys got out of control."

The Fortnightly 40 Best Energy Companies

The dash to gas brings volatility in shareholder performance.

Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.

People (May 2012)

Lewis “Lew” Hay III intends to retire from NextEra Energy at the end of 2013 as part of a planned leadership succession process. Hay will serve as executive chairman from July 1, 2012, until his retirement, and James L. Robo, currently president and CEO of NextEra Energy, will succeed Hay as CEO, effective July 1.

The Power of Motivation

Discerning what utility employees consider important.

Despite high unemployment rates in many industries, utilities are finding T&D technicians and engineers are in short supply. This situation is likely to deteriorate as Baby Boom-era workers continue retiring. Attracting and retaining qualified professionals depends on understanding what motivates—and de-motivates—employees on the front lines of the smart grid revolution.

Climate Exposure

A state supreme court ruled last fall that damage resulting from climate change allegedly caused by power plant emissions was “reasonably foreseeable,” and therefore litigation expenses were not covered under a general liability insurance policy. The ruling creates an unworkable standard and raises questions about insurance coverage for climate-change liabilities.

While the policyholder was left adrift by Steadfast, the climate change insurance ship certainly hasn’t sailed.

On Sept. 16, 2011, the Supreme Court of Virginia became the highest state court in the country to rule on the issue of insurance coverage for climate-change claims under a general liability policy. In AES Corp. v. Steadfast Ins.

Killer App

Distribution management at the smart grid frontier.

The hype over smart grid has become focused on the idea of “advanced distribution management systems” (ADMS). But so far, few utilities have implemented ADMS beyond pilots and incremental tests. Fortnightly analyzes the technology trends and profiles examples of true ADMS in action.

Cap-Ex Conundrum

Does slow and steady still win the race?

When a capital-intensive industry enters an asset-building cycle, many companies will operate in the red for a few years or more. That’s not necessarily a bad thing, as cap-ex investments represent growth for shareholders. The devil is in the details, however, and companies facing a large slug of environmental compliance investments might produce disappointing returns over the next few years.

Vendor Neutral

(July 2011) Williams Partners L.P. expands Transco transmission lines; Google to provide fiber optic Internet service for Kansas City, Mo.; Constellation Energy picks Lynxspring Inc.; plus contracts and developments involving Servidyne, EnerNOC, Siemens Energy and others.