The New Gas Wisdom
Unconventional gas sources put a ceiling on future prices.
Unconventional gas and LNG are changing the outlook for future gas prices.
Return of
2007 Finance Roundtable: Pricing Regulatory Risk
Despite a favorable outlook for utility finance, cost pressures are straining rate structures.
Utilities are bringing monumental capital-expenditure plans before rate regulators just as they’re dealing with a barrage of rising costs—for fuel and other commodities, as well as labor, pension-fund obligations, and interest payments. Ten energy-finance luminaries elaborate on the industry’s fortunes.
Winners and Losers: Utility Strategy and Shareholder Return
Diversified companies lead (and the globals lag) over the past five years.
The unbundling of services and companies in the electricity and natural gas industries have created unprecedented opportunities to reinvent the traditional integrated utility model, with a broader array of attendant risks and rewards. But this past year was clearly one of retrenchment and strategic soul searching, allowing an opportunity to re-examine the sector for winning business formulas.
Frontlines: Sticker Shock
Electricity rates may be heading skyward sooner than we think.
Even in regulated states, balancing shareholder interest against ratepayer interest is still more art than science. A fact that utilities will always dread, as long as there are rate cases.
A Financial Postmortem: Ten Years of Electricity Restructuring
A decade of restructuring has not affected the financial integrity of the average regulated utility.
Ideological bias, economic principles, success of previous deregulation, inordinate greed, and political expediency fueled the movement for electricity deregulation. The authorities, however, never deregulated. They chose to restructure.