Progress Energy

People (September 2009)

NiSource named M. Carol Fox as president of Columbia Gas of Pennsylvania (CPA) and Columbia Gas of Maryland (CMD). TECO Energy promoted Gordon L. Gillette to president for both Tampa Electric and Peoples Gas. American Transmission elected Michael Hofbauer v.p., CFO and treasurer from interim CFO. Consolidated Edison promoted Robert Muccilo to v.p. and controller. And others...

People (August 2009)

Duke Energy named Lynn J. Good group executive and CFO, replacing David L. Hauser, who left Duke to become chairman and CEO of FairPoint Communications. Pepco Holdings named Anthony J. Kamerick as senior v.p. and CFO. And others...

People (June 2009)

Dominion named Paul E. Ruppert as senior v.p.-Dominion Transmission. ITC Holdings Corp. appointed Edward M. Rahill to president of ITC Grid Development. Ameren Corp. promoted Karen Foss to senior v.p., communications and brand management, from v.p., public relations at Missouri subsidiary, AmerenUE.

NV Energy appointed Punam Mathur as v.p. of human resources.

Five Nuclear Challenges

Building reactors requires new federal commitment.

Several key barriers prevent the construction of a new U.S. nuclear power fleet. These barriers must be overcome to prevent a power-shortfall emergency.

2008 Regulators Forum: Putting Efficiency First

New rate structures prioritize conservation, but will customers buy it?

As saving energy becomes a policy priority, utility commissioners struggle to reconcile traditional revenue models with smart metering and smart pricing. Unlocking conservation potential will depend on transforming passive ratepayers into smart consumers. Fortnightly hosts a roundtable discussion with commissioners from six states.

RPS Race

As green mandates tighten, utilities scramble to comply.

Mandatory renewable portfolio standards are becoming the norm. But after low-hanging green fruits are harvested, renewable power might get scarce. Many utilities will struggle to meet RPS requirements until lawmakers create stable federal policies and a national market for green credits.

Debt Renaissance

Eye-popping nuclear costs portend rising leverage.

(July 2008) When Progress Energy announced in March 2008 that the expected cost had tripled for its proposed two-unit, 2,200-MW nuclear plant in Levy County, Fla., the company called on the state’s highest-ranking proponent of nuclear energy to blunt negative reaction to the news.

EV Resurrection

Chelsea Sexton is one of the country’s leading plug-in vehicle advocates. She led protests against GM’s decision to scrap thousands of EV-1s, and appeared in the Oscar-nominated film Who Killed the Electric Car? She formed advocacy group Plug-In America, and led the creation of the Automotive X PRIZE in 2005. Fortnightly caught up with Sexton in June to discuss the electric vehicle market, and utilities’ role in developing it.

2008 CEO Forum: Conservation Compact

Utilities test new models to encourage investments in efficiency and conservation.

The industry is struggling to reconcile legacy business models with emerging green priorities. CEOs at Green Mountain Power, Progress Energy, IDACORP, Pepco Holdings, and Reliant Energy explain their perspectives on financing investments in conservation and efficiency.

Policies Get Smart

State and federal incentives push utilities to invest in grid intelligence.

State and federal incentives provide the carrot for utilities to invest in grid intelligence. But regulatory and technological incentives are not enough without customer participation. Smart-grid policies will succeed only by focusing on customer needs and benefits.