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People (May 1, 2002)

Carol A. Isles is vice president and controller for CMS Energy Corp.'s natural gas pipeline unit, CMS Gas Transmission Co. The California ISO has named a new market surveillance committee. Dennis L. Haider, president of WBI Energy Services Inc., has been named executive vice president of business development and strategic planning for Utility Services Inc. and Montana-Dakota Utilities Co. And others ...
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RTOs: The Billion Dollar Advantage

ICF study shows the national benefits of RTOs are too large to be ignored.

Sixty billion dollars in benefits. Less than $6 billion in costs. In any business, those numbers mean just one thing: you've got a winner.
Byline: 

Lynne H. Church

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Talking with Trans-Elect's Bernie Schroeder

His company, he admits, is all about cherry picking.

We wanted to learn the latest on who’s buying, selling and churning assets in the transmission world. Trans-Elect president and COO Bernie Schroeder did not disappoint.
Byline: 

Lori A. Burkhart

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Utility Valuation: Shedding Light on the Black Box

Experts debate how energy companies should be valued in the wake of electric restructuring and Enron.

Credit downgrades, bankruptcy, and investor backlash against energy companies has exposed how inadequate the valuation of energy companies is. Experts debate just how to value the industry.
Byline: 

Richard Stavros

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The Fear Factor

Understanding power company volatility in the context of valuation theory.

A top CSFB investment banker analyzes how recent power sector volatility can be understood in the context of valuation theory.
Byline: 

Kevin Phillips

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Vertical Integration: Necessity or Distraction?

An analysis of the latest wave of unbundling, re-bundling, and convergence plays in the gas-power industries.

In any industry, companies must choose a portfolio of assets and businesses to own along a value chain. In doing so, they make an implicit trade-off between the benefits of focus and vertical integration.
Byline: 

Dan Gabaldon and Joe Quoyeser

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Three-Legged Stool

The smart money now treats transmission as a player. Just like generation. Just like load.

Over at the Federal Energy Regulatory Commission, new chairman Pat Wood has let it be known if he had been in charge, he would have postponed Order 2000.
Byline: 

Bruce W. Radford

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