Nevada Delays Merger
The Nevada Public Service Commission (PSC) has postponed further hearings indefinitely on the proposed merger between Sierra Pacific Power Co. (SPP) and Washington Water Power Co. (WWP).
Boston Edison Hits Pay Dirt with Call Options
Boston Edison Co. (BE), the first investor-owned electric utility in the nation to issue a request for proposals to secure options for buying wholesale electricity, now has received bids for more than 4,300 megawatts, with some offers for 1998 priced between three and four cents per kilowatt-hour.
S.F. Bay Area Cities Join Forces
Municipalities in the San Francisco Bay area are joining together to form an electric buying group in anticipation of the deregulation of the California electric market. The group, the Association of Bay Area Governments (ABAG), will flex its collective buying power first in natural gas.
People
Peter B. Lilly has been named president and COO of Peabody Holding Co. Peabody is the world's largest private producer and marketer of coal. Lilly will continue to report to Irl F. Englehardt, Peabody Holding's chairman and CEO. Englehardt was recently named v.p. of Hanson Industries' energy group.The board of directors of The Dayton Power & Light Co. has elected Arthur G. Meyer treasurer.
IES Utilities, Inc. has named James E. Hoffman executive v.p. of customer service and energy delivery.
Frontlines
A couple weeks ago, on a beautiful Sunday morning, I picked up my briefcase and wandered down to the Potomac river shoreline to catch up on my summer reading list. There, on the Virginia side, gazing across the river at the Lincoln Memorial, Washington Monument, and Capitol dome, I gathered strength to tackle a foot-high mound of paper.
Barbarians at the City Gate
In the wake of Federal Energy Regulatory Commission (FERC) Order 636, gas marketing entrepreneurs gained unprecedented opportunities to compete for noncore, industrial loads. That market has matured.
Burnertip and Beyond
Erroll B. Davis, Jr.
President & CEO
Wisconsin Power & Light Co.
WP&L advocates that the following steps be taken to create a level playing field for merchants entering the retail market:
s Distribution rates should be fully unbundled from retail sales tariff rates.
The Pipeline Business
Stephen P. Reynolds
President & CEO
Pacific Gas Transmission Co.
Standardization has been an issue in every industry since the beginning of the Machine Age. As products continue to evolve, we need something like GISB to help find a prudent and appropriate level of standardization.
Marketers and Brokers
Erroll B.
Gas-Fired Generation
Stephen P. ReynoldsPresident & CEO
Pacific Gas Transmission Co.
Two or three years ago, gas-fired generation was hailed as a cure-all for everything that ailed the natural gas industry.