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The Man Who Would Be King

Exelon Chairman, President, and CEO John W. Rowe, on the proposed merger that would create the largest utility in the United States.

Exelon CEO John W. Rowe would head the largest utility in the industry, if a proposed merger with PSEG goes through. By creating a $40 billion market-capitalization utility, the newly formed company would be 60 percent larger than its nearest market-cap peer, and would have total assets of approximately $79 billion, with almost $25 billion in annual revenues and $3.2 billion in annual net income.
Byline: 

Richard Stavros

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A Day in the Life of Transmission Congestion

A forecast for California on Aug. 16, 2006

Transmission congestion affects both the cost and the efficiency of the power grid. Global Energy's Market Analytics LMP along with PowerWorld Corp.'s OPF Simulator and Energy Visual's graphical interface solution provides a richly textured visual representation of Global Energy's forecast of transmission congestion in California for Aug. 16, 2006.
Byline: 

Gary L. Hunt and Richard Lauckhart

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People

FERC Chairman Pat Wood III said he would leave the commission at the conclusion of his term of office June 30. Wood is the longest-serving appointee of George W. Bush, who as governor of Texas in 1995 appointed him to the Texas PUC. And others...
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A New Solid South

Where Entergy leads, will Wal-Mart follow?

Everyone is talking about Entergy's move to form a single-company RTO-lite across its service territory in Arkansas, Mississippi and Louisiana.
Byline: 

Richard Stavros

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Spot-Market Clearing

Solving the electricity credit malaise.

A monthly billing cycle results in exposures of up to 60 days’ settlement. Participant default is likely, and the potential loss from such an event is significant. Spot-market clearing can solve these problems.
Byline: 

Todd W. Bessemer and Francis X. Shields

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The EPA Speaks Out: The Clean Air Interstate Rule Explained

The Environmental Protection Agency reviews how the multi-pollutant control concept is to work.

Currently, 132 areas do not meet the new National Ambient Air Quality Standards for fine particles or ozone, affecting some 160 million people, or 57 percent of the U.S. population. What efforts are under way by the EPA to bring these areas into compliance?

Byline: 

Misha Adamantiades, Linda Chappell, and Sam Napolitano

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Fulfilling the Value Proposition

The Next M&A Wave: If mergers are once again a potential strategy for accomplishing growth objectives, the previous round of transactions offer several lessons.

The industry stands at an inflection point regarding consolidation. But this time, it is less likely to retreat from more and larger combinations. What’s driving renewed interest in mergers and acquisitions?
Byline: 

Tom Flaherty and Bill Kemp

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Distributed Generation: Hastening Genco Obsolescence?

DER: This final installment of Oak Ridge National Laboratory's series on distributed energy resources investigates efficiency, the environment, and generation displacement.

Do distributed energy resources result in more pollution, or less? Our final installment of the series from Oak Ridge National Laboratory answers the question.
Byline: 

S. W. Hadley, T. K. Stovall

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Windpower: Beyond Boom and Bust

Windpower is caught in a vicious cycle of Washington politics. Escaping the cycle will require visionary leadership in Congress and the utility industry.

With the Production Tax Credit subject to the whims of a fickle Congress, U.S. windpower remains in an ongoing state of uncertainty. Will the United States embrace the technology?
Byline: 

Michael T. Burr

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