Commission

The 40 Best Energy Companies

Will 2007 be remembered as the year of the turnaround? Several new CEOs with bold transformation programs took top spots in our third annual ranking.

(September 2007) Consistent performance over time is the Holy Grail of corporate management, and a focus of many of the executives who made this year’s ranking. Who returned to the list, and who fell off? And more important, why?

Tilting to Windward

As if carbon control were a fait accompli, gen developers skew the queue toward renewable projects, driving new policy on transmission pricing.

Now at last, in a region other than California, we can see clearly that renewable mandates and fears of carbon taxes have influenced the power-plant development cycle. Moreover, this effect is helping to drive policy proposals for the pricing of transmission service and the recovery of costs for grid upgrades deemed necessary to bring the new plants on line.

The Best Little Nodal Market in Texas

Sweating the details for 2009.

The Electric Reliability Council of Texas (ERCOT) introduced wholesale market competition in 1996, following the organizational change of ERCOT from a pure reliability council to an independent system operator (ISO) the same year. This makes ERCOT one of the earliest adopters of competitive electric markets. Stakeholders and regulators in ERCOT are trying to work out the details of implementing this market.

People

(September 2007) DPL Inc. promoted Bryce Nickel to vice president of transmission and distribution operations. DPL also announced the promotion of Kevin Hall to director, transmission and distribution engineering. MDU Resources Group Inc. promoted Cynthia J. Norland, assistant vice president of administration, to vice president of administration. Portland General Electric Co. named Jay Dudley vice president, general counsel, and compliance officer. And others...

ISO/RTO Markets: Building a Common IT Platform

Independent system operators and regional transmission organizations recognize the value in having a common IT architecture.

In today’s modern business environment, standards for products and services have become common—and expected—practice. The time is right for creating a common language among the critical software tools needed to deliver a reliable, competitively priced supply of electricity through today’s integrated power grids and wholesale market structures.

Another Side to Decoupling: Share the Gain, Not the Pain

The New Jersey Board of Public Utilities finds incentive programs may be a better way.

New Jersey regulators say they have found a way to achieve conservation objectives while maintaining efficient operations, all without placing additional risk on consumers. How did they do it?

Transmission Line-Siting Under EPACT: Shortcut or Short Circuit?

The 2005 Act, designed to streamline projects, may fall short of that goal.

The Energy Policy Act of 2005 was supposed to streamline the siting process and provide a federal “trump card” for projects delayed at the local level, but it is far from clear whether these goals have been, or will be, achieved.

Cyber Standards: FERC Asserts Its Authority

NERC’s first critical-infrastructure standard is now enforceable. But cyber rules await approval.

Cyber standards proposed by the North American Electric Reliability Corp. are in limbo this summer, although the Federal Energy Regulatory Commission anticipates taking action on them soon. Once approved, however, how will the two organizations work together to enforce compliance?

Energy Reform: A Legislative Washout?

Congress is shifting U.S. energy policies toward green alternatives. Is the new direction temporary or permanent?

Fundamental questions about fuel supply, efficiency standards, and environmental performance have splintered Republicans and Democrats into warring factions. As a result, the only proposals legislators can agree upon seem to be watered down half-measures.

California vs. Oregon

An expiring 40-year-old contract rocks the Pacific AC Intertie.

PacifiCorp informed FERC, PG&E, and the state of California that it would not renew the contract upon its long-anticipated expiration date of July 31, 2007. Instead, it would take back full ownership of its transmission-line rights and sell the available capacity into the open market under its own tariff at today’s going rate.