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Fortnightly Magazine - February 1 2003

Regulation No. 226: Perestroika for Russian Energy Investment

The Federal Energy Commission of Russia is set to restructure the country's energy rules and make opportunities for investment attractive.

The Federal Energy Commission of Russia is set to restructure the country's energy rules and make opportunities for investment attractive.

Potential investors in Russian energy will be particularly interested in Regulation 226, "On Price Formation Regarding Electric and Heat Energy." Enacted on April 2, 2002, this regulation, if implemented as fully presented, provides an attractive basis for the balance of interests between investors and consumers of Russian electricity called for by Federal Energy Commission of Russia (FEC) Chairman Geor

Byline: 
Patrick B. Seferovich
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Fusion Power: The Burning Issue

The Department of Energy is gambling on the wrong fusion approach and may needlessly burn up billions in taxpayer dollars in the process.

The Department of Energy is gambling on the wrong fusion approach and may needlessly burn up billions in taxpayer dollars in the process.

Fusion power research is at a crossroads. Continuing along the current path will almost certainly lead to major disappointment for one of the few long-term energy sources potentially available.

Byline: 
Robert L. Hirsch
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Frontlines

How Einstein discovered relativity, locational pricing, and participant-funded transmission.

Byline: 
Bruce W. Radford
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People

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

California Gov. Gray Davis named Michael Peevey president of the state's PUC, replacing Loretta Lynch. Lynch was expected to remain with the commission until the completion of her term, in January 2005. Peevey has served on the commission since March of 2002. He previously was president of Edison International. Davis also appointed Susan Kennedy commissioner, replacing Henry Duque.

Richard G. Newman, chairman and CEO of AECOM Technology Corp., joined the Sempra Energy board of directors.

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Perspective

Ontario's government has imposed substantial burdens on customers, with no benefits.

On the Brink: Avoiding a Canadian California

 

 

Ontario's government has imposed substantial burdens on customers, with no benefits.

On a recent trip through Toronto's Pearson International Airport, I was stopped by an immigration official who, upon learning my business, snapped, "Why would anyone hire a Yank to advise on the Ontario electricity sector?"

Byline: 
A.J. Goulding
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Commission Watch

FERC looks ahead to the new year as it wraps up loose ends from 2002.

FERC: SMD/Grid Issues Lead 2003 Agenda

 

 

Byline: 
Lori Burkhart
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Business & Money

A top investor explains what it would take for utilities to be included in one of the best-performing funds in the U.S.

Measuring Up to Jensen

 

 

A top investor explains what it would take for utilities to be included in one of the best-performing funds in the U.S.

Passing the standards for inclusion in the $1 billion plus Jensen Portfolio Fund is like being crowned the best-of-the-best in a given industry, analysts say.

Byline: 
Richard Stavros
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Off Peak

Energy scandals have made the industry the target of CBS prime-time morality soap operas and a movie.

As the Megawatt Turns

Energy scandals have made the industry the target of CBS prime-time morality soap operas and a movie.

One can only guess which energy company CBS-TV's "Touched by an Angel" was thinking of when it featured the character David Satterfield, an executive at "Dyna Energy." And the CBS movie, "The Crooked E: The Unshredded Truth about Enron," left no doubt about which company was being thought of.

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Competition Lost

U.S. companies' international strategies turn sour, as Europe faces a future with an oligopoly of power companies.

U.S. companies' international strategies turn sour, as Europe faces a future with an oligopoly of power companies.

While the European Union is pushing to give all industrial and commercial customers electric choice by 2004, giant incumbent European utilities are increasingly dominating power markets across Europe and the United Kingdom.

Byline: 
Jeff Stanfield
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