PPL CEO Interviewed
We went to Allentown and talked with Bill Spence.
What are the most exciting things happening at PPL? What were the biggest challenges in that journey? Were there some tough challenges you had to get through?
PPL
Open-Access Chronicles: The Backstory Behind Electric Restructuring
Part 2: The Art of the Deal
By 1997, Peco employed some 21 registered lobbyists in Pennsylvania, almost more than any other single company: to push through favorable bills to restructure the state’s electricity marketplace.
Open-Access Chronicles: The Backstory Behind Electric Restructuring
Part 1: Sharks, Whales and Minnows
In 1995, the pitched battle that played out between Peco and PPL became the functional equivalent of an advertising blitz in support of electricity restructuring, and planted the seeds for Enron to get involved in utility regulation.
Digest (November 2014)
Siemens will provide the grid connection for an offshore wind farm off the coast of the U.K.; ABB will supply gas-insulated switchgear for substations in New Jersey; A team from the Microgrid Institute will design, simulate, and test microgrid control systems for two Maryland suburbs; Plus solar power developments by Xcel Energy, SunEdison, ReneSola, and Duke Energy; and others…
The Fortnightly 40 Best Energy Companies
The industry’s transformation has begun. Should the F40 transform too?
(September 2014) Our annual ranking of shareholder performance tracks the long-term returns of leading utilities. But can it predict success in a transformed energy market?
Transactions (August 2014)
Wisconsin Energy to acquire Integrys in a transaction valued at $9.1 billion; Dominion to acquire the CID Solar Project from EDF Renewable Energy; Landis+Gyr to acquire GRIDiant Corp.; PPL Corporation and Riverstone Holdings LLC to merge merchant power generation businesses into a new company Talen Energy Corporation; plus debt offerings totaling $1.5 billion.
PPL, Riverstone to Form One of the Nation's Largest Independent Power Producers
Submitted by aburr on Thu, 2014-06-19 17:34PPL Corporation and Riverstone Holdings LLC announced a definitive agreement to combine their merchant power generation businesses into a new stand-alone, publicly traded independent power producer. The new company, which will own and operate 15,320 MW of generating capacity, will be called Talen Energy Corporation.
The Fortnightly 40 Best Energy Companies
The dash to gas brings volatility in shareholder performance.
Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.
People (June 2013)
New Opportunities: FirstEnergy named James V. Fakult, formerly president, Maryland operations, as president, Jersey Central Power & Light (JCP&L). He succeeds Don Lynch, who retired. James A. Sears, director of operations services at Mon power, was promoted to president of Maryland operations, succeeding Fakult. In related organizational moves, Anthony Hurley, director of operations services at Toledo Edison, was promoted to v.p.
People (November 2012)
Westinghouse Electric names former Progress Energy Executive as president and CEO. FirstEnergy makes numerous executive changes and appointments; Pepco hires new general counsel; plus executive appointments and announcements at AEP, PPL, PG&E, ITC Holdings, Dominion, EPRI, SEIA, and others.