Setting a New Tone
Leading strategic change in the utility C-suite.
Changing corporate strategy is more difficult for utilities than for companies in many industries. Success calls for leadership on seven fronts.
Leading strategic change in the utility C-suite.
Changing corporate strategy is more difficult for utilities than for companies in many industries. Success calls for leadership on seven fronts.
(January 2013) Dominion Virginia Power contracts Alstom for HRSGs at 1,300-MW Brunswick County station; Entergy acquires KGen plants; San Diego Gas & Electric installs new outage management system; ChargePoint enters reseller agreement with Service Solutions; Saft to install battery storage project at High Wind project in Saskatchewan; NRG’s eVgo finalizes plans for California charging network; plus contracts and announcements from ABB, ADT, Elster, Itron, ElectroIndustries, Opower, Panasonic, FirstEnergy, PacifiCorp, and others.
Latin America and the Caribbean are making great strides in their development of renewable energy. This creates a real business opportunity for bankers and investors to get in early and to invest in the solid assets and sustainable revenue streams offered by these clean technologies. The 3rd Renewable Energy Finance Forum - Latin America and Caribbean (REFF-LAC) will allow project developers to me
Entergy Mississippi to spin off its transmission business to ITC; Calpine acquires Bosque Power merchant plant in Texas; WPS acquires Fox Energy plant; E.On buys interest in Magic Valley wind farm; plus bond issues by Nstar, Western Mass. Electric, Texas Eastern Transmission, Alabama Power, and NSP totaling $1.55 billion.
ConEd, public safety, and the regulatory response.
Last summer’s union lockout at Consolidated Edison raised novel legal and regulatory questions that remain unresolved. Organized labor can strike, and management can respond, but do state utility commissions have authority to end a lockout that threatens service?