(September 2011) Walgreens to install eVgo charging stations at 800 sites; Siemens and eMeter team up in Maryland; Glasgow muni installs Elster meters; ABB completes Mincom acquisition; JDSU acquires Quanta-Sol PV technology; Survalent installs SCADA system at tidal power project; PECO selects Telvent; plus announcements and contracts involving Trilliant, Sensus, S&C Electric, Navigant, Ernst & Young, PSE&G, Portland General Electric and others.
Smart metering is coming of age. Is the utility world ready for it?
Some states, including Illinois, Oregon, Pennsylvania, and Texas, have been considering smart-metering questions as part of rate cases and resource-planning discussions. Other states, such as Kentucky, Louisiana, Ohio, and Virginia, have initiated EPACT Section 1252 inquiries separately from other proceedings. The tenor of the discussion also varies from state to state, with high-cost power states generally more attracted to AMI than low-cost states are.
A rash of rate hikes around the country could have utilities facing a public-relations disaster.
Constellation Energy CEO Mayo Shattuck has complained that he and the utility have unfairly been demonized in the public and in the press. In one interview with a Maryland paper, Shattuck showed distress over the verbal abuse his executives had received from angry ratepayers. And who can blame him?
Sales prices for power generation assets in the United States during the past two years have climbed to unprecedented levels. This trend should continue. More than 20,000 megawatts of generation assets have been sold, with another 20,000 MW announced. During the next five years, it is expected that 70,000 to 140,000 MW will change hands. We have seen only the beginning of a massive redistribution of generation assets - from regulated utilities to unregulated marketers and plant operators.
In fact, the prices we've seen for generation assets may turn out to be bargains.