People

Secretary of Energy Bill Richardson has selected Daniel M. Adamson as deputy assistant secretary for utility technologies, Office of Energy Efficiency and Renewable Energy. Adamson had served as special assistant, Office of the Secretary since 1994.

News Analysis

Rising projections, with few expenditures to date, paint an uncertain picture.

"In almost all cases, companies will have material events and changes requiring updated year 2000 disclosure in each quarterly and annual report filed with us."

That was the general mandate suggested by the Securities and Exchange Commission last summer in its interpretive release on the disclosure requirements for the Y2K issue.

Mail

IER's Bradley calls global warming a red herring, warns of "open-ended journey" paved with cash.

There is an even bigger problem for California than the $3 billion alleged cost of meeting the Kyoto Protocol (see "Knocked out by Kyoto Protocol?" Public Utilities Fortnightly, Oct. 1, 1998). Kyoto does virtually nothing to stabilize climate.

Special Report

EPA inventory opens generators to scrutiny, especially if they burn coal.

Hazardous emissions are one thing. Damaging publicity is something else-especially in the point-and-click world of Internet access.

In the coming year, the fuels that utilities choose to generate electricity will fall under a stronger media microscope. That's when coal- and oil-fired electricity generators must begin reporting information about their accumulated releases of toxic chemicals for 1998.

Off Peak

Trade groups carry clout with members, could emerge as next energy aggregators.

Electric utility restructuring has finally arrived as an A-list topic at many mainstream trade associations. According to a new study by the Second Opinion market research firm, energy deregulation is one of the top three issues of concern to groups as disparate as the Chemical Manufacturers Association and the Retail Merchants Association of New Hampshire.

That could foretell a new wave of competition for retail energy.

10 Innovators to Watch in 1999

These executives are energizing the power business with their persistence, ideas and pure gut instincts.

What is an innovator? Must he, or she, be an inventor? Or merely an idea-prone CEO with a knack for building a string of successful companies? Or could an innovator be both a scientist and CEO?

In this first-ever feature, Fortnightly has chosen innovators from all segments of the energy business.

Reforming California: Reflections on the Morning After

With few regrets, a regulator steps down from the PUC, still touting his brand of electric competition.

I'm proud to have been an author of the first chapter of a book still being written.

Today's electric industry is more competitive, more reliable, more efficient, and more dynamic than it was six years ago when I joined the California Public Utilities Commission. However, the future of the industry has not been set. The steps taken over the next several years will determine the outcome of electric competition.

Solar Mandate? Like it or Not, Consumers Pay

States earmark millions to fund solar projects via system benefits charges.

Making solar power a realistic choice for electric consumers is a burgeoning issue for state utility regulators. As part of electric restructuring, regulators are trying to finance the costs of solar installations.

Key to delivering commercial, on-grid solar power to new markets are state efforts, partnered with other government and industry actions. So far, the system benefits charge, or SBC, is the primary short-term incentive to develop solar, wind, biomass and other renewable resources.

Frontlines

Shaky merger policy finds the FERC at war with itself.

"IN HIS DELIGHTFUL ARTICLE, "THE FOLKLORE OF Deregulation," published this summer in the Yale Journal on Regulation, federal judge Richard Cudahy notes the ethereal nature of "virtual electricity." This new product, he explains,"exists only as a blip on a computer screen and will never give one a shock." "Reality," he notes, has "retreated to the money part of the system."

We could use a dose of that reality in looking at electric utility mergers.