DOE

People

People for September 2003.

New positions at Mirant, Chesapeake Utilities, Mid-Atlantic Conference of Regulatory Utilities Commissioners, and others.

The Carbon Conundrum

Technology exists to sequester carbon-but will utilities ever buy in?

Is carbon sequestration part of the vision of inexpensive, secure power? The current economics of capturing carbon don’t lend themselves to an affirmative answer, but projects backed by federal dollars could provide crucial information.

Butterfly Nets and Crystal Balls

Forecasters seem at odds over timing for recovery of power prices and earnings.

Certainly, the future outlook of the industry looks uncertain, at best. Exelon CEO John W. Rowe told Fortnightly recently, “if you can see two to five years ahead [you’re] doing pretty well.” Given the discord in industry forecasts, by that standard we could do worse.

People

New Positions:

New Positions:

Dynegy Inc. named Holli C. Nichols its senior vice president and corporate controller. Nichols joined Dynegy in 2000 after working for PricewaterhouseCoopers LLP.

Southern Co. Executive Vice President Leonard J. Haynes was installed as chairman of the board and chief executive officer of the North American Energy Standards Board, succeeding Bill Boswell.