The CEO Forum: The Ultimate CEOs: J. Wayne Leonard

CEO, Entergy

“I think it is my job as a leader to make sure that our values are always lived up to even when [they] conflict necessarily with our vision. That is what people look for at the end of the day. A leader’s role above all else is to make sure the truth is respected.”

Mending Our Broken Capacity Markets

The ability to provide reliable capacity is becoming both riskier and more costly to society and investors alike.

The ability to provide reliable capacity is becoming both riskier and more costly to society and investors alike.

Do Utility Mergers Deliver?

Not in all cases, or for all stakeholders. Here’s why.

The industry perceives substantial benefits from consolidating. But what is the track record? Does the regulatory and strategic landscape suggest these mergers are beneficial?

The New Art of Plant Acquisition

Forget the mega merger as a means to acquire new power plants. FERC’s new rules may offer a better path.

Forget the mega merger as a means to acquire new power plants. FERC’s new rules may offer a better path.

Pondering PJM's Energy Price Run-Up

Does inappropriate market power explain the increase during late 2005?

Beginning around June 2005, prices in the PJM day-ahead locational market pricing energy markets and real-time pricing markets rose precipitously. Based on publicly available information, our study concludes that these price increases are not fully explained by higher loads and higher commodity fuel prices. Could higher energy prices be the result of the inappropriate exercise of market power rather than the appropriate result of market dynamics operating in the presence of scarcity?

Wind and the Environment: The EPA's Tech Divide

Does the Clean Air Act require the agency to consider the most low-emission coal plant technologies in permitting new plants?

Why doesn’t its interpretation of the Clean Air Act consider the most low-emission coal plant technologies?

In the Mainstream: Wind Turbines Take Off

New technologies are helping windpower mature as a viable power supply choice for utilities.

Few people understand how to ride shifting winds better than Jim Dehlsen does. Dehlsen founded Zond Energy Systems 25 years ago, and steered the company through a series of major changes and challenges—the oil-price collapse of the 1980s; ambivalent energy policies, with on-again, off-again production tax credits; and the sale of controlling interests in Zond to Enron in the late 1990s. Should it come as any surprise, then, that Dehlsen still is bullish on windpower’s prospects?

Utilities Get "Defense"-ive

How cutting-edge military technologies can help solve some of the industry’s most critical issues.

Whether it’s an aging workforce, the impact of competitive markets, or an outdated transmission system, today’s energy and utility organizations are facing a whole new set of challenges. What many people in the industry don’t realize is that the utility sector is not the first to face these kinds of issues. The U.S. military is dealing with, or has dealt with, a strikingly similar set of problems in recent years.

Warming to the Crisis

Kyoto countries miss their targets, but scientists say climate change was already unstoppable.

Hollywood and the media are way ahead of the politicians when it comes to the greenhouse effect and global warming. But even as utilities try to be good corporate citizens and help devise a federal or national plan, the question remains as to whether the domestic economy can achieve even a modest reduction in CO2 releases—enough to put even a small dent in current predictions of global climate change.

People

(May 2006) Kinder Morgan Inc. named Steve Kean executive vice president and COO, and Larry Pierce was named vice president, corporate communications. MidAmerican Energy Holdings Co. completed the purchase of PacifiCorp from ScottishPower and announced new staffing. Progress Energy named Jeffrey J. Lyash president and CEO of Progress Energy Florida. Westar Energy Inc. announced several changes in leadership. And others...