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Open-Access Chronicles: The Backstory Behind Electric Restructuring

Part 3: When Competition Turns to War

By September 1997, Philadelphia Electric Co. had outflanked key opponents and filed a proposed partial settlement with the Penn. PUC to allow the company to recover costs that might become stranded under a new law (enacted a year before) that had brought a measure of competition to the state’s electric utility industry. Then Enron went to work.
Byline: 

William Pentland

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FERC Approves Merger of Exelon and Pepco Holdings

Submitted by aburr on Wed, 2014-11-26 13:35

FERC approved the proposed merger of Exelon and Pepco Holdings. The companies announced their proposed merger on April 30. The combination of the companies will bring together Exelon's three electric and gas utilities - BGE, ComEd and PECO - and Pepco Holdings' (PHI's) three electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - to create the leading mid-Atlantic electric and gas utility.

Digest (June 2014)

Algonquin Power & Utilities enters partnership with Siemens Canada for 10 wind turbines expected to start operation early next year; Strata Solar installs nine utility-scale solar projects in North Carolina; Ontario Power Generation establishes agreement with Westinghouse to consider nuclear plant refurbishment, decommissioning and remediation; JinkoSolar successfully connects solar power plant in Jiangsu Province; El Paso Pipeline acquires 50 percent interest in Ruby Pipeline from Kinder Morgan
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Exelon to Acquire Pepco Holdings

Submitted by aburr on Tue, 2014-05-06 12:25

Exelon and Pepco Holdings signed a definitive agreement to combine the two companies in an all-cash transaction. The agreement, which has been unanimously approved by both companies’ boards of directors, brings together Exelon’s three electric and gas utilities – BGE, ComEd and PECO – and Pepco Holdings’ electric and gas utilities – Atlantic City Electric, Delmarva Power and Pepco – to create the leading Mid-Atlantic electric and gas utility.

Smart Grid at a Crossroads

Refining the business case for advanced  distribution investments.

As utilities plan their capital budgets for the next few years, investments in advanced distribution systems face an uncertain future. Customers question the value—and propriety—of some programs, while long-term strategic goals depend on seamless integration. What will be the path forward for smart grid technology?

Byline: 

Michael T. Burr

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Vendor Neutral

Calpine signs PPA with Public Service Company of Oklahoma; TransCanada and Ontario PowerAuthority agree to develop 900-MW gas-fired power plant; Panda selects Siemens to build combined-cycle plant; Progress Energy retires coal plants dating from 1923; Southern Company and Turner acquire 30-MW PV project; PSO begins smart meter pilot rollout; Southern California Edison contracts with Corix to install smart meters; Iberdrola USA hires Burns and McDonnell to review grid infrastructure. Plus contracts and announcements from Itron, eMeter, Echelon, Quanta Services, DNV, Metadigm, Landis+Gyr, and others.

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Vendor Neutral

(March 2012) DTE Energy awards contract to URS; Exelon and Constellation reach an agreement with Electricite de France; Dominion and Lockheed Martin enter a joint marketing and development alliance; plus deals involving Nissan North America, CenterPoint Energy Field Services, Honeywell, Silver Spring Networks, and others.

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People (November 2011)

Exelon and Constellation announce post-merger executive lineup; Xcel Energy names new CFO and general counsel; Organization of MISO States elects new officer; plus senior staff changes at FirstEnergy Nuclear Operating, American Electric Power, Alterra Power, and others.
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