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: "[We are] focusing on running efficient utilities in growing states that have favorable regulatory environments so that you have the opportunity to earn that kind of 12 to 13 percent return on equity on the utility business."

CFOs Speak Out: Growing Overseas

John R. Biggar, Executive VP and CFO, PPL Corp.

John R. Biggar, Executive VP and CFO, PPL Corp.: "We are satisfied with the level of investment in international properties, which are essentially all electricity distribution businesses."

CFOs Speak Out: Utilities: Not Interested

Stephen I. Chazen, Senior Executive VP and CFO, Occidental Petroleum

Stephen I. Chazen, Senior Executive VP and CFO, Occidental Petroleum: "I think the skills of a utility management are different than the skills of an oil management… I don't think those are related industries. I don't think the skill of selling electricity to someone's house is really the same as the skill of an oil company."

CFOs Speak Out: Making Convergence Work

Warren L. Robinson, Executive VP and CFO, MDU Resources

Warren L. Robinson, Executive VP and CFO, MDU Resources: "In the 1920s we discovered some oil and gas. ... In the mid-1980s, we really broke it out and started to develop oil and gas fields outside our region."

Making Demand More Dynamic

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.

Vendor Neutral

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...

Directly Controlling the Winter Peak

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.