Fortnightly Magazine - May 15 2003
ISO's new ICAP scheme seen as subsidy for the gen sector.
Cash flow reporting is more susceptible to manipulation than investors imagined.
Financial results are the prism through which investors view performance in the world of business. Companies may have tens of thousands of employees supplying tangible goods and services to customers, but real and diverse activities are reduced to relatively few numbers when companies are valued.
How software controls can bridge the gap between wholesale market prices and consumer behavior.
As ideas go, a microgrid is nothing new. Think of steam pipes for district heating in older urban cores. But add a few software controls, and the possibilities grow.
For small to midsize utilities, the costs and burdens of being a stand-alone investor-owned utility merit considering the alternatives.
A pressing question for many utilities-particularly small to midsize utilities-is whether to remain a standalone publicly owned company at their current form and size. Do the benefits outweigh the costs?
The market speaks but we don't listen.
Will someone please tell me: Where is the proof that the electric utility industry needs more investment in electric transmission? Is it not possible that we already have enough miles of high-voltage line?
I can scarcely turn around but see a new conference or workshop on how to encourage the electric industry to invest more in transmission infrastructure. The Federal Energy Regulatory Commission (FERC) leads that charge, though as a regulator it ought to stay neutral.
President Bush named Dr. Nils J. Diaz chairman of the Nuclear Regulatory Commission (NRC), succeeding Richard A. Meserve. Diaz's current NRC term expires in 2006. Diaz also is professor-emeritus of Nuclear Engineering Sciences at the University of Florida.
Pantellos named Jim Neikirk president and CEO. Neikirk spent five years at Entergy Corp. as vice president and chief procurement officer.