Law & Lawyers

Transactions (February 2013)

NRG completes Gen-On acquisition; Dominion invests in midstream gas development; NextEra buys Cimarron I PV plant; People's Natural Gas acquires Equitable Gas; plus other other M&A and bond deals, together totaling $6.7 billion.

IT-OT Convergence

Breaking down silos to achieve a more enabled workforce and more informed stakeholders.

Operations are finally getting together with IT. As a result, utilities will be able to achieve a range of business goals&emdash;and serve customers better.

Busting the Transmission Trusts

Creative destruction is coming, and it can’t be stopped.

With Order 1000, FERC shows it’s willing to blow up uncompetitive structures, as with trustbusting under Teddy Roosevelt, and the more recent Bell breakup.

NERC on a Wire

The reliability organization struggles with reforms, as FERC hovers.

NERC’s reliability oversight is bogged down on two fronts—standard-setting and compliance oversight. Progress depends on improving unwieldy process.

Preventing Tomorrow's Blackouts

Why transmission planners and protection engineers need to work more closely together.

Recent outages show the importance of proper transmission system design. As the grid becomes more complex, reliability requires tighter coordination.

'Resilience'

A new watchword for the industry and its regulators.

If the concept of resilience—including cyber and physical security—had been baked into the industry’s culture from the beginning, the energy grid might look a lot different from what it does today.

Learning from the States

Energy strategy outside the Beltway.

National policymakers will find allies in state legislators who are focused on how to improve the environment and maintain service reliability.

People (March 2013)

NSTAR appoints new president; Southern Company names new financial management team; BPA gets new administrator; plus management changes at AEP, Duke, ITC, ConEdison, GDF Suez, ERCOT, MISO, NARUC, and others.

Transactions (March 2013)

Constellation sold gas assets in Alabama; Atlantic Power sold interests in three Florida cogeneration projects for $136 million; redeemed $150 million of preferred stock; plus debt issues by EdF, and Cheniere totaling $9.8 billion.

Regulated Tax Equity Finance

Distribution utilities could become an important source of renewable funding.

Distribution utilities are well positioned to provide tax equity for renewable projects, but some state laws prevent it. Tapping the potential will require progressive leadership by utility executives and regulators.