Law & Lawyers

Perspective

The musings of a utility staffer-written in a spirit of respect for all those staffers who have come to terms with their innermost fears.


The musings of a utility staffer-written in a spirit of respect for all those staffers who have come to terms with their innermost fears.

I am an employee at what they call a "FERC jurisdictional utility." That means I also moonlight as a professional meeting-goer. But it's a good job. I do my small part to keep the electric transmission grid safe and reliable.

The Merchant Asset Fire Sale: Deal of the 21st Century?

Companies that were on a buying spree before 2001 are putting assets worth billions n the block


Companies that were on a buying spree before 2001 are putting assets worth billions n the block

A casual observer might expect that the industry's economic condition would produce a cornucopia of cheap assets for acquisitive companies . Eventually it might, but so far, it generally has not.

Caveat Emptor: Bottom Fishing With No Regrets

The pros and cons of waiting for the seller to declare bankruptcy.


The pros and cons of waiting for the seller to declare bankruptcy.

Sometimes a great opportunity is just too good to be true. Consider, for example, a purchase of distressed assets from one of the many energy companies now mired in well-publicized financial difficulties.

Frontlines

It's a law that only a mother could love.

It's a law that only a mother could love.

It's tough to write another word about repealing the Public Utility Holding Company Act (PUHCA), or the "35 Act," as it is also known, referring to its Depression-era origins. But like the Energizer bunny, this debate keeps on going and going.

It's almost 70 years later, and the issue has outlived several generations of utility executives, regulators, lawyers, bankers, academics, and a few magazine editors. Heck, it may outlive us all.

Feel-Good Electric Waste

Like diets that make us fat, efficiency is bad for the environment.

The last 30 years in America have seen great improvements in the energy efficiency of electric motors, appliances, and other end-use equipment. Think of compact fluorescents, ground-source heat pumps, and thermal window glazing. Add variable speed drives, chilled water AC, and high-pressure sodium street lighting. You name it, we've got it.

Technology Corridor

It's not just for enviros any more.


It's not just for enviros any more.

Green building. It's a trend that means newly constructed buildings consume 10 to 50 percent less energy than traditionally constructed buildings, yet cost only a small percentage more than standard construction. And it's a trend that is rapidly gaining a foothold with large residential and commercial builders. No wonder utilities of all sizes across the country are paying attention.