People
People for October 2004
Positions filled at Peabody Energy, Wisconsin Public Service, Wisconsin Energy Corp., and others.
Allegheny Energy
People
People for September 2004
Filled positions at the California PUC, PG&E Corp., FERC, and others.
People
People for May 2004.
Positions filled at Southern Co., World Association of Nuclear Operators, Allegheny Energy, and others.
People
People for March 2004.
Positions filled at Allegheny Energy, Constellation NewEnergy, Xcel Energy, and others.
The Utility Sector: A Wall Street Takeover?
Financial players bring credit depth to energy markets, but will they play by the rules?
The center of gravity for energy marketing and trading is moving from Houston to Wall Street. Who’s in, who’s out, and who’s testing the waters?
People
New Oportunities:
People
New Oportunities:
Philip Carroll Jr. returned to ScottishPower as a non-executive director. According to the Comtex News Network, Carroll left ScottishPower earlier in 2003 to assist with the rebuilding of infrastructure in post-war Iraq.
Chesapeake Utilities hired Joe Steinmetz as its director of Internal Audit. Steinmetz served in the same position with Dover Downs Gaming & Entertainment Inc. and Dover Motorsports Inc. from 2001 to 2003 before being promoted to assisted controller.
People
New Positions:
People
New Positions:
Duke Energy Corp. appointed Paul Anderson as its chairman and CEO, succeeding Rick Priory, who will retire early next year. Anderson briefly worked for Duke after it merged with PanEnergy in 1997. He retired last year as managing director and CEO of BHP Billiton Ltd. in Australia.
Energy Secretary Spencer Abraham named Rosita O. Parkes chief information officer (CIO) at the Department of Energy. Parkes has served as CIO and deputy CIO at the Federal Emergency Management Agency.
People
New Positions:
People
New Positions:
The Nuclear Energy Institute elected Stephen R. Tritch and Mark F. McGettrick to its board of directors. Tritch is Westinghouse Electric Co. president and CEO, and McGettrick is president and CEO of generation at Dominion Energy.
Paul B. Vasington, former chairman of the Massachusetts Department of Telecommunications and Energy, joined the Analysis Group as vice president, based in the company's Boston office.
The Myth of the Transmission Deficit
The grid does not need a Marshall Plan for new investment.
The grid does not need a Marshall Plan for new investment.
We don't know what caused the Aug. 14 blackout, but somehow we know that our transmission system needs $50 billion to $100 billion in investment and upgrades. And utilities need higher returns to raise that kind of money. Talk about making lemonade out of lemons.
The reality is that we aren't short $50 billion or $100 billion in our transmission system. The study said to support that proposition just doesn't do the job.
The Finance Forum: Growth in a Back-to-Basics World
Thomas Fanning, executive vice president and CFO, Southern Co.
Interviews by
What next? That seems to be the question on every utility executive's mind. After two years of stomach-wrenching ratings downgrades, agonizing downward valuations, embarrassing accounting scandals, skyrocketing gas prices, and positively stubborn mild weather, or the "perfect storm," as many have called it, many believe the worst is now over.
But will the the recovery be worth the wait?