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Fortnightly Magazine - December 2004

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.
Byline: 

Ron L. Lehr

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Roundtable: The Future Of Generation

Meeting tomorrow’s power needs will pose tough choices.

A group of executives and analysts tell Fortnightly that the outlook for generation is positive, because it has to be. But making generation work well—affordably, cleanly, and reliably—won’t be easy.
Byline: 

Michael T. Burr

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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.
Byline: 

Bruce Radford

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Utility Business Risk: A Reference

Business Versus Financial Risk: Debt is thought to be less risky than equity because debt holders have priority over equity holders as to: (1) distribution of assets in the case of dissolution of the company; and (2) distribution of earnings in the case of everyday operations.
Byline: 

Robert G. Rosenberg

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