Financial players bring credit depth to energy markets, but will they play by the rules?
A review of which technologies and companies stand to win and lose as a result of the 2003 blackout.
How to benchmark return on equity (ROE) and depreciation expense in utility rate cases.
Financial experts discuss the ongoing recovery in the power industry, and whether better times will live up to investor expectations.
The industry requires new analytical tools to incorporate the realities of today's higher risk operating and investment environment into the equity allowance process.
The application of FASB Statement No. 13 can result in unforeseen changes to the financial statements and, in turn, financial ratios of a utility.
To the Editor:
I read your May 15, 2003, "Frontlines" column ("Grid Glut?") and have to respectfully take issue with a couple of your thoughts.
To the Editor:
I read your May 15, 2003, "Frontlines" column ("Grid Glut?") and have to respectfully take issue with a couple of your thoughts.
NRG's bankruptcy is challenging creditors' resolve to back merchants until power prices rebound.
A common complaint in the last few months by would-be buyers of merchant assets has been that all the choice power plants have been pledged as collateral to commercial banks in order to stave off bankruptcy. That's why not many transactions have taken place, merchant asset buyers say, as everything else in the market isn't worth the price being offered.