People
People for July 2004.
Positions filled at American Electric Power, Schneider Electric, Foster Wheeler Energy Limited, and others.
Entergy
Boardroom Directors: Caught in the Matrix
Building a system to evaluate the leadership's ability to meet corporate goals.
Discover your board’s unique strengths and weaknesses by developing a simple matrix chart — and addressing any gaps.
The New CEOs
Whether utility leaders come from law, engineering, or finance, one thing can be said: Many of the new CEOs have had diverse experiences.
Our annual CEO survey looks at six new utility leaders: Mike Morris of AEP, Robert McGehee of Progress Energy, Michael Chesser of Great Plains Energy, Gary Rainwater of Ameren Corp., Dennis Wraase of PEPCO, and Paul Anderson of Duke Energy.
Business & Money: Bringing Back The Greenbacks
A spate of proposed U.S. tax rule changes soon may open a window of opportunity for certain utilities.
The proposed Homeland Investment Act on Repatriation may soon open a window of opportunity for U.S. companies with unrepatriated foreign earnings. If passed, it potentially would allow U.S. utilities to bring money back into the country without harsh tax penalties, thereby freeing up capital to reinvest in assets here, pay down U.S. debt, or fund other liabilities.
People
People for May 2004.
Positions filled at Southern Co., World Association of Nuclear Operators, Allegheny Energy, and others.
People
People for April 2004.
Positions filled at the House Energy and Commerce Committee, Duke Energy, Entergy, and others.
Electric Reliability: The Merger Solution
Can economies of scale make the industry more stable?
Utility mergers create exceptional efficiencies, yielding average cost savings of approximately 5 to 10 percent of the combined company’s non-fuel operating expenses. These substantial untapped cost efficiencies could be harvested through more merger-friendly state regulatory policies that would enable utilities to retain these merger cost savings so long as a significant portion was channeled toward infrastructure investment.
The Talent Bubble
As Baby Boomers near retirement age, utilities face the challenge of preparing the next generation of leaders.
Many utilities are sounding alarm bells about an impending shortage of skilled personnel—even amid flat industry growth and high unemployment rates. Who will replace the retiring Baby Boomers?
Plants for Sale: Pricing the New Wave
Financial players and load-serving utilities are looking for power asset deals.
Approximately 60 generation asset sales have been announced in the past two years, and future transaction activity is likely to accelerate. Who are the players, and where might the available plants be located?
People
People for February 2004.
New opportunities at Duke Energy, Northeast Utilities, Progress Energy, and more.