The recovering merchant sector leads earnings improvements in the third quarter.
Although total revenues were up by almost 5 percent for the third quarter of 2006 over Q3 2005, operating income and net income were up by 22.82 percent and 80 percent, respectively.
An analysis of current valuation trends explains why some assets command better values than most.
Average North America power-plant asset value is at $725/kW.1 Compared with our winter 2005-2006 analysis, this figure has barely changed; however, we have seen significant value movements based on region, fuel, and asset types.
NARUC President James Kerr seeks harmony among an unruly bunch of state regulators.
As NARUC president, James Yancey Kerr II brings a federalist philosophy that emphasizes state and local sovereignty—and consensus among state regulators.
(January 2007) PNGC Power promoted Tom Haymaker to vice president of power supply. Calpine Corp. announced that Larry B. Leverett joined the company as senior vice president, gas trading. ITC Holdings Corp. announced that William J. Museler has been appointed to its board of directors. Sierra Pacific Resources announced that William D. Rogers has been named to the new position of vice president, finance and risk, and Corporate Treasurer. And others...
The new transmission siting and permitting policies could be just as messy and unruly as the old ones.
The idea behind the NIETC is a noble one: to help facilitate the construction of badly needed transmission capacity to relieve congestion problems and improve reliability. In fact, the promotion of new infrastructure investment is at the heart of EPACT. But there’s just one problem. The new process for permitting and siting electric transmission under EPACT appears to be as flawed and contentious as it was pre-EPACT.
(December 2006) Charles A. King, California ISO: “Kicked Off and On Schedule” reasonably captures many of the implementation issues and stakeholder concerns surrounding the California Independent System Operator Market Redesign and Technology Upgrade program. However, I was somewhat disappointed that the article offered few details about the benefits MRTU will provide.
Infrastructure investment has been on a starvation diet. Here’s how to feed the need.
In October, the North American Electric Reliability Council (NERC) issued its first long-term reliability assessment report in its new role as the nation’s federally mandated reliability organization. The report found that under current trends the U.S. electric power system may not be able to meet customer demand in much of the country 10 years from now.
Investments in energy efficiency can be a growing revenue source. Strong programs, in conjunction with effective monitoring and verification, are the keys to success.
To turn efficiency investments into a growing revenue source, strong programs, in conjunction with effective monitoring and verification, are the keys to success.
How greenhouse gases and Best Available Control Technology could shape the regulatory landscape—and the environment.
Two cases involving traditional pollutants and climate change are before the court. In addition to questions about the EPA’s regulatory power, both cases raise critical threshold “jurisdictional” questions about the courts’ role in addressing these issues.
The industry must join a growing chorus in calling for new technology.
A growing movement to bring plug-in hybrid and all-electric cars to market has emerged, bolstered by the undeniable economic and national-security benefits that result from displacing gasoline with electricity. Also, our editor-at-large talks with Tesla Motors CEO Martin Eberhart.