Law & Lawyers

People (June 2013)

New Opportunities: FirstEnergy named James V. Fakult, formerly president, Maryland operations, as president, Jersey Central Power & Light (JCP&L). He succeeds Don Lynch, who retired. James A. Sears, director of operations services at Mon power, was promoted to president of Maryland operations, succeeding Fakult. In related organizational moves, Anthony Hurley, director of operations services at Toledo Edison, was promoted to v.p.

PPAs for DG

What every real property owner should know.

Financing has been scarce for distributed generation. But as opportunities expand, commercial frameworks are solidifying. Power purchase agreements are paving the way to a bright future for DG.

Transactions (June 2013)

Atlantic Power sells 800 MW of generating capacity in Florida and Texas; Goldman Sachs buys Imperial Valley project from FirstSolar; Duke acquires two solar plants in California; Southern Company and Turner Renewable Energy buy Campo Verde project; plus other deals and issues totaling more than $2 billion.

Investor Sequester

State complaints over FERC-granted equity returns could dry up funding for transmission expansion.

Perhaps sensing the weight of evidence allayed against them, transmission owners have thrown caution to the wind by openly and admittedly submitting an ROE analysis that doesn’t comport with FERC precedent.

Industry in Transition

Utility CEOs face disruptive trends.

Top executives at AEP, the California ISO, and El Paso Electric address key challenges and opportunities.

Profit and the New Normal

Delivering value in a zero-growth market.

Disruptive technologies and resource shifts are changing the utility business model. Market factors are driving companies toward four possible paths.

Reducing Rate Shocks

Original-cost ratemaking doesn’t suit the challenges facing utilities today.

Levelized rates can serve customers’ interests, while also accelerating capital investment and providing an economic stimulus to the economy.

Cost-Recovery for Pre-Approved Projects

Uncertainties remain, but recent cases provide guidance.

Levelized rates can serve customers’ interests, while also accelerating capital investment and providing an economic stimulus to the economy.

Digest

DOE funds B&W to develop and license small modular reactor technology; Panda awards 758-MW combined cycle contract to Bechtel; AEP picks Open Systems International to manage SPP and PJM generation assets; GDF Suez teams up with Viridity Energy for DR services; NRG and PJM go live with University of Delaware V2G project; Minnesota Power energizes new substation serving taconite mine; FP&L completes 4.5-million smart meter rollout; plus contracts and announcements from Duke, FirstSolar, Iberdrola, SRP, ABB, Elster, Siemens, and others.

Smarten Up Your OMS

White Paper - Advanced Distribution Management System (ADMS)

With the estimated annual cost of outages to be more than $150 billion in the United States alone, reduction of this significant economical impact is important. To help manage the grid during service interruptions, nearly every distribution utility uses an Outage Management System (OMS). The OMS is a valuable tool for cutting costs — both for the utility and its rate payers.