Oncor

Cyber Attack! - Defining 'Critical Assets'

ERCOT utilities approach CIP compliance from varying perspectives

As proposed by the North American Electric Reliability Corp., the new critical infrastructure protection (CIP) standards charge utilities with identifying their own critical assets and related cyber systems. This approach allows great flexibility for utilities to apply the CIP standards to their particular situations. This will help ensure that their efforts focus on securing critical assets, rather than on complying with an overly prescriptive set of mandates that might or might not yield a secure grid.

Texas Ring Fence

TXU’s buyout structure creates a potential model for utility M&A and refinancing deals

2007 was a big year for TXU Corp., as it went private in the largest leveraged buyout in history. To sweeten the deal for environmentalists and regulators, TXU made structural and financial concessions. Now TXU’s ring-fencing structure might become a template for future utility M&A and refinancing deals.

People

(June 2007) The Nuclear Regulatory Commission announced the selection of Darren B. Ash as CIO and deputy executive director for information services. The Westar Energy Inc. board of directors announced that William Moore will succeed CEO James Haines. Energen Corp. shareholders re-elected five members to the diversified energy company’s board of directors. The Electric Power Supply Association announced the addition of Conrad Lass to EPSA’s senior staff as vice president of legislative affairs. And others...

People

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Judy Pensabene has joined the Republican staff of the Senate Energy and Natural Resources Committee as deputy chief counsel. She is returning to the committee, where she worked from 1990 to 1995, after serving as vice president of federal affairs at Constellation Energy Group.

Entergy announced that Peter P. Schneider has been hired as vice president of Nuclear Human Resources, a new position within the company. Schneider's prior experience includes stints at Human Resources Strategies and Solutions, Inc., Exelon, and PECO Energy.