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Western Electricity Coordinating Council

Western Power Markets: Ready for A Wild Ride

IOUs take action, but other overriding forces will affect prices in the near term.

The new capacity brought on line in 2003 and 2004 likely will not drive down market prices but may well provide a measure of reliability to the market, possibly counteracting some of the usual price volatility seen in low hydro years. This is good news for the wholesale power business, and it signals that the industry is beginning to claw its way back from the near-death experience of the past few years.
Byline: 

Gary L. Hunt and Jon Ecker

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People

People for May 2004.

Positions filled at Southern Co., World Association of Nuclear Operators, Allegheny Energy, and others.
Byline: 

PUF

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The Generation Glut: When Will It End?

An analysis of the timing, location, and mix of new capacity additions that may be needed in the future.

An analysis of the timing, location, and mix of new capacity additions that may be needed in the future.
Byline: 

Stephen T. Marron & John H. Wile

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People

People for March 2004.

Positions filled at Allegheny Energy, Constellation NewEnergy, Xcel Energy, and others.
Byline: 

PUF

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Plants for Sale: Pricing the New Wave

Financial players and load-serving utilities are looking for power asset deals.

Approximately 60 generation asset sales have been announced in the past two years, and future transaction activity is likely to accelerate. Who are the players, and where might the available plants be located?
Byline: 

David Haarmeyer, Mark Griffith, and Grant Thain

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People

New Positions:

New Positions:

Virginia's State Corporation Commission (SCC) named Howard M. Spinner as director of its Division of Economics and Finance, replacing Richard J. Williams. Williams is retiring after 22 years with the commission. Spinner has been with the SCC since 1998.

The Western Electricity Coordinating Council board of directors elected Jack L. King as its chair and Ronald D. Nunnally and Tim Newton as vice chairs.

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People

New Hires:

New Hires:

DPL Inc. named James V. Mahoney president of DPL Energy LLC. Mahoney has been with EarthFirst Technologies since 2001.

The board of directors of Piedmont Natural Gas elected Kim R. Cocklin senior vice president and general counsel. Cocklin's previous experience includes time as senior vice president at Williams Gas Pipeline and senior vice president and general counsel at Texas Gas Transmission Corp.

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