Fortnightly Magazine - April 15 2002
Moving Gas to Generate Power: An Encore for Hrehor/Sytsma
While responsive to the operational requirements of the particular systems, several new pipeline services enable generators to react more promptly to spiking electric demand.
Michel Marcoux
Catch A Wave!
The solution to California's crisis may have been lapping at the beach.
Utility Valuation: Shedding Light on the Black Box
Experts debate how energy companies should be valued in the wake of electric restructuring and Enron.
Richard Stavros
The Fear Factor
Understanding power company volatility in the context of valuation theory.
Kevin Phillips
Vertical Integration: Necessity or Distraction?
An analysis of the latest wave of unbundling, re-bundling, and convergence plays in the gas-power industries.
Dan Gabaldon and Joe Quoyeser
A Hope, A Wing, and A Prayer: Toward a Standard Market Design for RTOs
On the virtues and vices of ICAP, ACAP, FTRs, hubs, flowgates, DAMs, and gaming.
Bruce W. Radford
Repeatable M&A: Creating a Value Chain Reaction
How building capabilities for repeated M&A can increase shareholder value.
Michael Bier and Mark Ciolek
M&A 2002: The Need for Strategic Clarity
Three-Legged Stool
The smart money now treats transmission as a player. Just like generation. Just like load.
Bruce W. Radford