CFOs Speak Out: Enter the Mega Utility
Geoffrey S. Chatas, Executive VP and CFO, Progress Energy
Geoffrey S. Chatas, Executive VP and CFO, Progress Energy
John R. Biggar, Executive VP and CFO, PPL Corp.
Stephen I. Chazen, Senior Executive VP and CFO, Occidental Petroleum
Warren L. Robinson, Executive VP and CFO, MDU Resources
FERC has ruled, but compliance is another story.
Almost a year and a half has passed since FERC issued Order 745, declaring demand response to equal to power supplies in wholesale markets. Yet uncertainty surrounds the order’s implementation, and third-party aggregators are struggling to define their role.
Siemens produced the first batch of its new 75-meter B75 Quantum rotor blades. Xcel Energy awarded Outland Energy Services a long-term contract to provide operations and maintenance services at three Xcel Energy wind farms totaling 328 MW until 2017. Duke Energy Renewables and Sumitomo Corp. of America completed building the 131-MW Cimarron II wind project and began commercial operations in Gray County, Kansas. And others...
Learning lessons from PSE’s residential demand response pilot.
Utilities and regulators increasingly are considering direct control of residential load to help manage the grid. Evaluating the recent experience of one winter-peaking utility—Puget Sound Energy—provides insights into best practices for ramping up direct load control.