Policy and technology changes are re-shaping the utility business model.
A once-in-a-lifetime confluence of forces is re-shaping the business models of America’s electric utilities. Rising costs, combined with technological advancements and shifts in regulatory policy, are putting unprecedented pressure on companies that depend on market conditions. Those that adapt to the new realities will be better positioned for success in the future.
A prerequisite for sustained nuclear renaissance.
The nuclear renaissance requires safety as its central focus. Industry vigilance at all levels is key to accident prevention, but only favorable public opinion will allow the industry to realize its enormous potential.
DPL Inc. promoted Daniel McCabe to chief administrative officer and senior v.p., from senior v.p. Ameren Corp. announced that Thomas R. Voss will succeed Gary L. Rainwater as president and CEO effective May 1, with Rainwater remaining in the role of executive chairman. Pepco Holdings Inc. (PHI) announced that Joseph M. Rigby is president and CEO. And others...
Hawaiian Electric Industries named James A. Ajello senior financial v.p., treasurer and CFO. Black Hills Corp. selected Robert A. Myers as senior v.p. of human resources. Constellation Energy appointed Carim V. Khouzami as executive director, investor relations. And others...
Building reactors requires new federal commitment.
Several key barriers prevent the construction of a new U.S. nuclear power fleet. These barriers must be overcome to prevent a power-shortfall emergency.
Utilities that have new nuclear plants on the drawing board are involved in a host of strategies designed to address water issues. For some, these focus primarily on location. For others, technology is a key.
With new plants pending, cooling requires serious thought.
Cooling water shortages might force nuclear project developers to get creative.
A clear and present need for nuclear energy expansion.
Addressing climate change will require extending the life of today’s nuclear fleet and laying the foundation for new plants.
Economic uncertainties raise doubts about utility returns.
(November 2008) Economic uncertainties are raising doubts over utility returns. Will regulators feel the need to consider broader economic effects when engaging in ratemaking? While reporting on this year’s rate cases, the author provides insight on what to expect as stock prices fall.
A clear and present need for nuclear energy expansion.
The new administration might be our last, best hope for recapturing America’s technological and economic superiority. The time has come to institute an “Apollo Project” level of effort to convert to a carbon-free energy infrastructure while tossing aside the business-as-usual model. The future lies in nuclear power.