Fortnightly Magazine - May 15 2003
Perspective
It is hard tyo foresee abandoning the discounted cash flow method relied upon so heavily for the past couple of decades.
In the Feb. 15, 2003, edition of , Jonathan Lesser says that regulators need to rethink the traditional discounted cash flow (DCF) method for finding the cost of capital, or "at the very least, regulators should no longer rely solely on the DCF to set allowed returns."
Benchmarks
New York Throws a Curve
ISO's new ICAP scheme seen as subsidy for the gen sector.
Bruce W. Radford
Business & Money
Cash flow reporting is more susceptible to manipulation than investors imagined.
Financial results are the prism through which investors view performance in the world of business. Companies may have tens of thousands of employees supplying tangible goods and services to customers, but real and diverse activities are reduced to relatively few numbers when companies are valued.
Technology Corridor
How software controls can bridge the gap between wholesale market prices and consumer behavior.
As ideas go, a microgrid is nothing new. Think of steam pipes for district heating in older urban cores. But add a few software controls, and the possibilities grow.
The CEO Power Forum: The Best of the Best
Size Matters: Consider teh Alternatives
For small to midsize utilities, the costs and burdens of being a stand-alone investor-owned utility merit considering the alternatives.
A pressing question for many utilities-particularly small to midsize utilities-is whether to remain a standalone publicly owned company at their current form and size. Do the benefits outweigh the costs?