Why electricity is good—and more is better.
A century of electrification shows clearly that more electricity—and cheaper electricity—enhances public health, raises living standards and also improves the environment. Conversely, higher prices harm businesses and families, with a disproportionate impact on low-income households. Public welfare goals are best served by public policies that make electricity more accessible and affordable to the masses—not less.
Part 1 of a 2-part article explores new technologies most likely to influence competitive success.
When fighter pilots list the advantages of one combat aircraft over another, they do not speak primarily of speed. Rather, they refer to the ability of one aircraft to “turn inside” another, to negate other aspects of performance with a superior turning radius. For the utility industry, fundamental changes in technology, markets, or regulatory requirements can “turn inside” the ability of companies to respond, as long-lived investments and choice of fuels lock them into their strategic choices for decades. This article proposes ways for utility leaders to understand strategic risk better and manage it more effectively.
(December 2006) Michael Heyeck was named senior vice president of transmission at American Electric Power Co. Duke Energy announced that Jim Stanley would lead its Indiana utility as president. ITC Transmission, a subsidiary of ITC Holdings, hired Frances (Francie) Brown as director, state governmental affairs. Edward (Ted) J. Mooney and Jesse H. Ruiz were appointed to ComEd’s board of directors. And others.
New Hires:
The North American Electric Reliability Council (NERC) promoted Dave Nevius to senior vice president; David Cook to vice president and general counsel; and Don Benjamin to vice president. Nevius has been a vice president at NERC since 1986; Cook has been NERC's general counsel since 1999; and Benjamin has been director of operations since 1985.
Ameren Corp. named Martin J. Lyons vice president. Lyons has been the company's controller since joining Ameren in October 2001.
Cinergy Corp. named Sherrie N. Rutherford vice president of special projects for Cinergy Services Inc. Rutherford formerly served as vice president and general counsel for the pipeline group and trading operations, and associate general counsel for Reliant Energy Wholesale Group.
Philip R. Sharp, a former Indiana Congressman, will serve as advisor on consumer choice and energy deregulation at Columbia Energy Group. Sharp is a lecturer in public policy at Harvard University's John F. Kennedy School of Government and a member of the U.S. Secretary of Energy's Advisory Board.