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.
Rising expectations in the Dog Days of summer.
Yet another sweltering summer is causing its share of outages and supply problems, with predictable backlash from customers and policy makers. And with the advances we’ve seen in recent years, perhaps again we should be asking whether we’re adequately focused on our most critical mission: keeping the power on.
El Paso Electric announced that Thomas V. Shockley was appointed the company’s permanent CEO. Hector R. Puente was promoted to senior v.p. and COO. Duke Energy named Clark Gillespy president of the company’s South Carolina service region. Gillespy replaces Catherine Heigel who became vice president, general counsel and corporate secretary at American Transmission Co. Ameren promoted Richard J. Mark to chairman, president, and CEO of Ameren Illinois. And others...
(August 2012)