Vertical Integration: Necessity or Distraction?
An analysis of the latest wave of unbundling, re-bundling, and convergence plays in the gas-power industries.
An analysis of the latest wave of unbundling, re-bundling, and convergence plays in the gas-power industries.
Experts debate how energy companies should be valued in the wake of electric restructuring and Enron.
Debt + secret triggers = another Enron.
Energy traders and risk managers reengineered their business dealings to manage against unexpected political and financial risks posed by California and Enron in 2001.
El Paso Corp. announced that Britton White Jr. has retired as executive vice president and general counsel. He was appointed to this position after El Paso acquired Tenneco Energy in 1996. Peggy A. Heeg has been named as his replacement. Heeg previously served as senior vice president and deputy general counsel. She joined Tenneco Energy in 1990 and became vice president and associate general counsel for regulated pipelines for El Paso after the merger. El Paso also announced the retirement of David A. Arledge from its board of directors.
Frontlines
The Brink of Ruin?
New England puts a price on electric reliability, but some say the charge looks more like a tax.
High profit potential will attract new power plants, forcing prices down and stranding the state's long-term electricity purchases.
Let's consider three questions crucial to California's energy crisis and its plans for solution.