FERC v. Ohio
Will the Feds weigh in on the great Buckeye brawl?
Ohio ratepayers could prosper if natural gas prices rise in the next few years, boosting revenues when the utilities resell into PJM markets.
Ohio Edison
Regulatory Roundup
2004 FERC roundup: Path 15 Upgrade; Gas Bypass Pipeline; Power Line Communications; Gen Station Power Needs; ISO Retail Service; Renewable Energy Portfolios; Gas Supply Risk; Fuel Cost Hedging; Utility Supply Solicitations; Provider of Last Resort; Coal Seam Gas; Deceptive Marketing Practices; Renewable Portfolio Standards.
People (June 2013)
New Opportunities: FirstEnergy named James V. Fakult, formerly president, Maryland operations, as president, Jersey Central Power & Light (JCP&L). He succeeds Don Lynch, who retired. James A. Sears, director of operations services at Mon power, was promoted to president of Maryland operations, succeeding Fakult. In related organizational moves, Anthony Hurley, director of operations services at Toledo Edison, was promoted to v.p.
People (November 2012)
Westinghouse Electric names former Progress Energy Executive as president and CEO. FirstEnergy makes numerous executive changes and appointments; Pepco hires new general counsel; plus executive appointments and announcements at AEP, PPL, PG&E, ITC Holdings, Dominion, EPRI, SEIA, and others.
People (April 2012)
Anne R. Pramaggiore became president and CEO of ComEd, following the retirement of Frank M. Clark, chairman and CEO since 2005. Pramaggiore joined ComEd in 1998 and most recently held the position of president and COO. In addition, ComEd named Tracie Morris v.p. of human resources. Morris previously served as v.p. of human resources for DeVry Inc.
People (March 2011)
First Energy subsidiaries get new executives; Constellation names new treasurer, finance v.p., and CIO; Puget Energy gets new general counsel; plus senior staff changes at Dominion, Georgia Power, Parsons, California Energy Commission, Washington Utilities and Transportation Commission, and others.
People
(November 2007) Pacific Gas and Electric Co. elected William D. Arndt to the newly established post of vice president, project management and program office. Calpine Corp. promoted Zamir Rauf to treasurer and senior vice president of finance. FirstEnergy Corp. named William D. Byrd director of rate strategy, vice president and chief risk officer. The U.S. Nuclear Regulatory Commission assigned David Dumbacher as senior resident inspector at the Callaway nuclear plant, near Fulton, Mo. And others...
PJM/Midwest Market: Two Rival Groups Battle Over Grid Pricing
Should transmission owners get paid extra for distance and voltage?
While the Midwest now appears set on competitive bidding for the electricity commodity, taking from PJM such tried-and-true elements as locational marginal pricing, financial transmission rights, and a day-ahead market with a security-constrained dispatch, the region remains split over the pricing of transmission.
Generation Roundtable: Power Flux
Generators struggle to plan for the future as they cope with an unstable present.
In a roundtable discussion, generation experts explain how environmental regulations, industry restructuring, investor confidence, and the bottom line are affecting their decision-making.
Utility Money Pools: Cause for a Downgrade?
FERC's ruling on cash management programs will introduce new transparency into how utilities manage their cash.
On Oct. 22, FERC ruled that FERC-regulated entities must file their cash management agreements with the commission and notify the commission when their proprietary capital ratio drops below 30 percent, and when it subsequently returns to or exceeds 30 percent. FERC’s ruling comes in response to analysis that found “severe record keeping deficiencies” by some FERC-regulated entities. This problem has led credit rating agencies like Fitch Ratings to warn that consolidated cash management accounts and failure to document fund transfers among affiliated companies as intercompany loans could be factors contributing to a U.S. bankruptcy court’s decision to consolidate a solvent company in the bankruptcy proceeding of its affiliate.