(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...
Joseph Bowring, PJM Market Monitor: ”Pondering PJM's Energy Price Run-Up” by Howard Spinner of the Virginia State Corporation Commission staff raises the question of whether the observed increase in PJM average system prices in the second half of 2005 was the result of fuel-price increases and increased loads, or the result of market power. The results reported in the Spinner article are incorrect; see PJM Energy Prices—2005: Response to Howard M. Spinner Paper.”
Putting natural-gas price volatility into hurricane-season perspective.
The natural-gas and oil price run-up since hurricanes Katrina and Rita has subsided somewhat following a warmer than usual winter, record natural-gas storage levels, and successful conservation instituted by many gas and electric utilities in recent months. However, new sources of supply concern—such as occurred in Europe with accusations of gas-supply withholding between former Cold War adversaries—have rekindled calls for greater diversity of supply across Europe.