Dominion

People (February 2014)

Nick Akins becomes chairman of AEP board; Dominion names Diane Leopold president of Dominion Energy, and Robert Blue president of Virginia Power; Leila Vespoli becomes chief legal officer at FirstEnergy; PG&E promotes Gregg Lemler to v.p. of electric transmission; plus personnel changes at Consumers Energy, Xcel, Southern Nuclear, ITC, CenterPoint, and others.

Digest

Danish utility orders 582 MW of Siemens offshore wind turbines; Maui Electric contracts Greenlots and ABB for electric vehicle fast-charging system; U.S. Army Corps of Engineers contracts Eaton for alternative energy and conservation projects at army facilities; Southern Company and Turner Renewable Energy acquire SunEdison project in California; FERC approves Columbia Gas and Williams Partners pipeline expansion projects; plus contracts and announcements from Entergy, ITC Holdings, California ISO, PG&E, MidAmerican Transmission, Citizens Energy, CPS Energy, and others.

Power Breakfast

Fortnightly’s Executive Roundtable considers industry options and risks.

Fortnightly recently convened a group of senior operations executives from a variety of companies to discuss current trends in the U.S. power industry. Their comments reflect a mixed outlook on the industry’s transitionary changes.

People (January 2014)

Idaho Power names Darrel Anderson CEO, succeeding LaMont Keen, and also promotes Steven Keen to CFO and treasurer; DTE names Dave Meador vice chairman and chief administrative officer; former FCC Chairman William Kennard joins Duke Energy board of directors; plus executive appointments at Southern Company, Dominion, and others.

Williams Partners Receives FERC Approval for Transco Pipeline Expansion

Williams Partners received Federal Energy Regulatory Commission (FERC) approval to expand Transco, the nation’s largest natural gas pipeline system, to provide service to a new, gas-fired, power-generation plant in Virginia. The approximately $300 million Transco Virginia Southside Expansion is designed to provide 270,000 dekatherms per day (dth/d) of incremental transportation capacity in Virginia and North Carolina by September 2015.

Partnership, Not Preemption

How state-sponsored planning can fit with FERC’s capacity markets.

FERC-approved capacity markets and state-sponsored resource planning serve different needs. The one shouldn’t pre-empt the other.

Dominion Acquires Kyocera Solar Power Project

Dominion acquired a solar project in Somers, Ct., capable of producing approximately 5 MW of electricity from Kyocera for an undisclosed sum. Kyocera and CleanPath, a San Francisco-based clean-energy company, jointly developed the Somers project, which is expected to begin commercial operation within the 4th quarter of 2013. The Somers Solar Center will use Kyocera Solar’s photovoltaic technology. The electricity will go to Connecticut Light & Power under a 20-year PPA.

Digest

ComEd selects GE for 4 million smart meters; Duquesne contracts Itron for 625,000 smart meters; Consumers Energy plans 700-MW combined-cycle plant; Phoenix Solar contracts for 39-MW PV plant; NRG starts operation at two 20-MW PV plants in California; Edison files suit against Mitsubishi for SONGS defects; FirstEnergy plans 2 GW of coal-plant shutdowns; FERC approves PacifiCorp tie-in with Cal ISO; PSEG commissions EV-charging facilities; plus announcements and contracts involving Toshiba, Direct Energy, Alstom, and others.

The Fortnightly 40 Best Energy Companies

The dash to gas brings volatility in shareholder performance.

Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.

Making Friends with Solar DG

Better to compete from within than fight from afar.

Utilities should embrace distributed solar generation, offering O&M, aggregation, or marketing services, rather than lament a lost business model.