Indian Point

Business & Money

The economic downturn is increasing utility pension plan costs and liabilities.

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).

A Dynamic Mission: Protecting Utility Assets

State public service commissions are insisting that utilities adopt risk management programs, and are allowing less pass-through for those that don't.

Many electric utilities have been on high alert since Sept. 11 to protect the assets within their systems from cyber and physical attack. For instance, 21 U.S. nuclear reactors are located within five miles of an airport, but 96 percent of all U.S. reactors were designed without regard for the potential for impact from even a small aircraft.

The Rules of the Grid: Transmission Policy and Motives Gehind It

Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.


 

Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.

Dynegy's senior vice president Peter Esposito didn't think much about the celebrated mediation talks on forming a single, unified transmission grid for the Northeast U.S.

Mail

NYPA's CEO clarifies details of the Power Authority's auction of nukes to Entergy.


Mail




NYPA's CEO clarifies details of the Power Authority's auction of nukes to Entergy.

Several comments are in order concerning the analysis by Dan Donoghue and David Haarmeyer of the pending sale of the New York Power Authority's Indian Point 3 and James A. FitzPatrick nuclear power plants to Entergy Corp. (, June 15, 2000, p. 90).

News Digest

PUC Oversight: Panacea or New Problem?

News Digest


 

News Analysis

Entergy's Original Bid


News Analysis

 

NYPA's Nuke Auction: More at Stake Than Price?


 

News Digest

State PUCs

Electric Retail Choice. The Arkansas Public Service Commission has issued its final report on electric restructuring, citing a "broad" consensus favoring competition. It predicts immediate benefits for industrial customers, but warns that residential users likely will not see any quick rate cut. The PSC saw competition as consistent with action in neighboring states:

• Oklahoma. State law mandates retail choice by July 1, 2002.

• Mississippi. PSC plan would phase-in competition from 2001 to 2004.

• Missouri.