Pacific Gas and Electric

People

(August 2006) Patricia Chadwick, president of Ravengate Partners LLC, has been elected to the board of directors of Wisconsin Energy Corp. Pacific Gas and Electric Co. elected Sanford L. Hartman as vice president and managing director, Law, and Brian K. Cherry as vice president, regulatory relations. Jessie J. Knight Jr. was named to the newly created position of executive vice president of external affairs for Sempra Energy. And others...

Long-Term Transmission Rights: A High-Stakes Debate

The absence of long-term transmission rights could exclude potential competition—and cause higher electricity costs.

Power-industry restructuring redistributed financial uncertainties that discourage generation investment and ultimately raise the price of electricity to consumers.

Encore for Negawatts?

Congress renews PURPA’s call for conservation and load management, but the world has changed since the 1970s.

The “N-word” in the title first appeared in this journal more than 20 years ago, courtesy of the celebrated environmentalist Amory Lovins and his widely quoted piece, “Saving Gigabucks with Negawatts” (Fortnightly, 1985). Scroll forward a few decades. With restructuring of wholesale electric markets at FERC, plus formation of regional transmission organizations and independent system operators, the game was changed.

Natural-Gas Procurement: A Hard Look at Incentive Mechanisms

Better designs are needed to realize the goal of lower-cost gas.

A gas procurement incentive mechanism that provides strong incentives for a broad range of procurement-related costs and revenues, using a benchmark that is both exogenous and adaptive to external circumstances, can benefit consumers.

The CIO Forum: The Changing Face of Energy I.T.

Budgets are expected to increase, even as new IT challenges present themselves.

In our annual technology forum, we talk with tech/information specialists at four companies: Patricia Lawicki at PG&E; Ken Fell at the New York ISO; Mark C. Williamson at American Transmission Co.; and John Seral at GE Energy.

People

PPL Corp. named C. Joseph Hopf, vice president of energy trading for Goldman Sachs in New York, as PPL's lead energy marketing executive. PG&E Corp. elected President and CEO Peter A. Darbee to the additional position of chairman of the boards of directors for the corporation and its utility unit, Pacific Gas and Electric Co. Executive Vice President and COO Thomas B. King was elected the utility's president and CEO, as well as a member of the Pacific Gas and Electric Co. board of directors. Also, PG&E Corp. and its utility unit, Pacific Gas and Electric Co., made seven new appointments at the officer level. And others...

People

(August 2005) President Bush nominated Joseph Kelliher to chairman of the Federal Energy Regulatory Commission. Xcel Energy named Richard C. (Dick) Kelly CEO. And others...

An Expensive Experiment? RTO Dollars and Sense

Financial data raises doubts about whether deregulation benefits outweigh costs.

This year, U.S. electricity consumers will spend more than $1 billion financing the operation of six RTOs. RTO costs have nearly doubled since 2001. Restructuring the energy industry was more costly and more risky than anticipated, and reasonable estimates of RTO costs outweigh nearly all of the benefits anticipated.

Backed By Wind

The need for additional generation to compensate for wind variations is disappearing.

Utility-based studies have laid to rest the concern that a wind plant needs to be backed up with an equal amount of dispatchable generation. Even at moderate penetrations, ancillary services to back up new wind power need not be more than is required of a system as a whole.

State Regulators: Driven By Reliability

Can natural gas supply keep up with demand for power?

STATE REGULATORS:

Can natural gas supply keep up with demand for power?

Interviews

Things are looking up for the energy industry, but tough issues remain. Regulators-forced to grapple with the mismatch between volatile natural-gas prices and years of building gas-fired power plants-have learned a thing or two. They now insist on new rate schemes and risk-management methods while promoting the use of liquefied natural gas.