IT

The CIO Forum: Budgets Byte Back

Chief tech officers discuss how they are using their data to beat the competitition.

CIOs from a traditional utility, a merchant generator, and an independent system operator tell how they stretched every penny to make their companies technologically savvy during tough economic times. They say data, not applications, ruled the roost this year—and will in the future

Financial Accounting: Beware of Unlucky 13

The application of FASB Statement No. 13 can result in unforeseen changes to the financial statements and, in turn, financial ratios of a utility.

The utility industry continues to be a fluid environment with significant deleveraging activities that affect various types of agreements and contracts, so companies should be cognizant of EITF 01-08 and the impact it could have on their financial statements and, in turn, their financial ratios.

 Mistake by the Lake

The blackout could doom deregulation, but why treat reliability and reform as either-or?

The Great Blackout of August 2003 may well spell the doom of deregulation as we know it for the electric industry. Yet I believe that reliability and a move to markets need not be mutually exclusive. Rather, they must march forward together, in step, for either to succeed.

Commission Watch

How far will FERC go to restore market confidence?

Commission Watch

How far will FERC go to restore market confidence?

 

Despite keen industry interest in FERC's proposed "rules of the road," aka new codes of conduct, it appears the industry will have to wait. FERC recently granted extensions for filings, and the commission will not gather all reply comments until Sept. 18. Filings so far point to differences over the proposals, especially in time frames for reporting bad behavior, appropriate monetary penalties, and defining to whom the rules apply.

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.

Frontlines

The ISO graples with the politics of scarity.

The ISO graples with the politics of scarity.

In regions that have embraced electric industry restructuring, such as New York, New England, and the mid-Atlantic states, where independent system operators (ISOs) have taken over and the standard market design (SMD) has grabbed a foothold over bulk power transactions, one fascinating question still dogs theorists and policymakers alike:

Is a power supply shortage really all that bad?

Technology Corridor

Virtual reality comes of age in the power industry.


Virtual reality comes of age in the power industry.

Technological breakthroughs in power generation, pollution control, waste management, renewable resource applications, and many similar areas are at the forefront of advances in developing, managing, and delivering public utility products. However, technology that is more often associated with computer games and Hollywood blockbusters is taking hold in the industry, and its impact may well be as great as any of the more well known technologies.

Business & Money

Lehman Brothers and others say upcoming rate cases and falling unregulated earnings mean some IOUs will have less to show for their effort.

Technology Corridor

Virtual reality comes of age in the power industry.


Virtual reality comes of age in the power industry.

Technological breakthroughs in power generation, pollution control, waste management, renewable resource applications, and many similar areas are at the forefront of advances in developing, managing, and delivering public utility products. However, technology that is more often associated with computer games and Hollywood blockbusters is taking hold in the industry, and its impact may well be as great as any of the more well known technologies.