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Progress Energy

The New CEOs

Whether utility leaders come from law, engineering, or finance, one thing can be said: Many of the new CEOs have had diverse experiences.

Our annual CEO survey looks at six new utility leaders: Mike Morris of AEP, Robert McGehee of Progress Energy, Michael Chesser of Great Plains Energy, Gary Rainwater of Ameren Corp., Dennis Wraase of PEPCO, and Paul Anderson of Duke Energy.
Byline: 

Richard Stavros

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People

People for May 2004.

Positions filled at Southern Co., World Association of Nuclear Operators, Allegheny Energy, and others.
Byline: 

PUF

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People

People for April 2004.

Positions filled at the House Energy and Commerce Committee, Duke Energy, Entergy, and others.
Byline: 

PUF

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Electric Reliability: The Merger Solution

Can economies of scale make the industry more stable?

Utility mergers create exceptional efficiencies, yielding average cost savings of approximately 5 to 10 percent of the combined company’s non-fuel operating expenses. These substantial untapped cost efficiencies could be harvested through more merger-friendly state regulatory policies that would enable utilities to retain these merger cost savings so long as a significant portion was channeled toward infrastructure investment.
Byline: 

George W. Bilicic And Ian C. Connor

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People

People for February 2004.

New opportunities at Duke Energy, Northeast Utilities, Progress Energy, and more.
Byline: 

PUF

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Energy Trading: What's Your Position?

Obtaining a position measurement in energy markets has become more complex and has increased financial risks for integrated utilities.

"What's your position?" The answer to that simple question in today's energy markets is anything but simple. In fact, answering this question may be the single most difficult challenge faced by a fully integrated energy firm in its efforts to manage risk.
Byline: 

Peter Armstrong

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People

People for November 15, 2003

New opportunities at Duke Energy, the Department of Energy, Progress Energy, and others.
Byline: 

PUF

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People

People for October 15, 2003.

New positions at Great Plains Energy Inc., Wisconsin Energy Corp., Independent Energy Producers of Maine, and others.
Byline: 

PUF

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People

New Positions:

People

New Positions:

The Pennsylvania Public Utility Commission (PUC) appointed Thomas A. Leach to a two-year term on its Consumers Advisory Council. Leach is the business manager and financial secretary of Local Union 126, International Brotherhood of Electrical Workers.

Byline: 
We welcome submissions to People, especially those accompanied by a high-resolution color photograph. E-mail to: photos@pur.com
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