Technology Corridor
Green Generation Feels the Squeeze
Green Generation Feels the Squeeze
Regulatory and market forces put the pressure on information technology to perform.
Technology isn't in the driver's seat at some energy companies, but it's not as if those companies have reverted to using typewriters, carbons and rotary dial phones. In fact, it's beyond dispute that information technology (IT), in particular, can improve business performance-and nothing is more important to energy companies right now. But with slashed budgets and collapsing credit ratings, how should energy companies spend their precious IT dollars?
Goodbye to All That?
Crisis Aftermath: Piecing Western Markets Together
Double Taxation Repeal: Fire or Ice?
Mining Gold From The Supply Chain
Utilities and vendors take a hard look at online procurement.
Feel like saving your company $50 million? That's the question Joseph Zelechoski, director of supply chain at PPL, has for those who haven't tried online supply chain management.
Giving Up the Corner Office
looks back at 2002's Golden Executive Parachutes. We wish them good luck on the golf course.
Doing It Without Chuck (who made do with a $33 million severance package)
"The real leaders are those that figure out how to get things done beyond what they could get done themselves."
Green With Envy: Rationalization and a $7.6 million severance package
The speculative electricity trading industry has a bad case of rigor mortis, but current efforts might breathe new life into the practice.
Trading is dead. At least that’s what some analysts are saying about the electricity markets. “Trading died with Enron on Dec. 2, 2001,” says Mark Williams, an energy risk management expert at Boston University. Whether trading is really dead or not, some signs of a rebirth are beginning to emerge.
A surprisingly timid effort for an industry on the brink.
The purpose for the Committee of Chief Risk Officers (CCRO) recommendations, as stated in the introduction to their 198-page opus, is "to provide guidance on new methods and tools to establish a strong foundation for future growth in this (merchant energy) industry." But the reality is that the recommendations, almost without exception, fail to provide strong leadership in the areas of past and potential future abuse.