Pension Plans May Slow Utility Growth in 2003
The economic downturn is increasing utility pension plan costs and liabilities.While 401(k) stock option plans have increasingly displaced traditional pension plans in corporate America, many mature firms like electric utilities are still administering sizeable pension plans that in the recent economic downturn could compromise future earnings, according to a report by investment bank CIBC World Markets (CIBC).
Who should have "green tag" ownership under power purchase agreements, the buyers or the sellers?
A legal controversy is brewing in the electric industry over who should reap the financial benefits of the green characteristics of power plants, under existing power purchase agreements (PPA).
October 15, 2001
Electricity demands enter security mix at nation's airports.
IPPs and other stakeholders long have called for standards, but this time, the FERC just might oblige.
"Certain transmission owners ... have impeded the interconnection process and, thereby, new generation construction."
"Many transmission providers also refuse to offer network transmission service to merchant generators ... ."