Edison Electric Institute

Positions filled at Southern Co., Mirant, MISO, and others.

In 2003, just over 1.4 GW of unregulated generating capacity was converted into rate-based assets. At least another 5.6 GW will be converted soon. What supply procurement practices are appropriate in today’s power market?

New metering dramatically expands utilities’ data-handling requirements. Stepping up internal facilities for analyzing this data lets utilities experiment with different price signals and incentives. By gauging the effect on overall load and on grid constraints, utilities can maximize the return on existing transmission assets and reduce the need for new investment. Just as important, utilities can use the new data to develop regulated and competitive products for specific customer niches. This is more than a profit opportunity. It is also part of a utility’s public obligation.

The possibility that energy legislation drafted last year won't pass in 2004 has created a power vacuum. Who now is czar of electric utility reliability?

Pity the poor Federal Energy Regulatory Commission. With its market crusade out of favor, and transmission reform suddenly suspect after the Aug. 14 blackout, it could use a new agenda. Indeed, FERC this past July had proposed a new set of standards for the connection of small- and micro-sized power plants units to regional transmission networks, or even to radial or local distribution lines operating at low voltages.

New legislation and bigger power lines won’t solve the immediate problem for the grid: the threat of failure. Energy providers must begin thinking of reliability in terms of days rather than years, and they must roll out programs and enhance technology now to protect assets, as well as customers.

Do we really need to invest $50 billion to $100 billion in the U.S. transmission system? The industry says yes, but the evidence says otherwise.

How do you value an investor-owned utility? Ever since the Enron debacle, the credit crisis and the economic downturn, many in the investment community say that there exists a need for utilities to better communicate their business vision and corporate model — particularly now that the economy is headed into an economic upswing and utilities will have to compete with higher-yielding financial instruments such as U.S. treasuries, or competing equities with higher-paying dividends.