Obtaining a position measurement in energy markets has become more complex and has increased financial risks for integrated utilities.
People for November 15, 2003
People
A review of which technologies and companies stand to win and lose as a result of the 2003 blackout.
Mishap, human error, and malice regularly crash the electric system. We have lurched from the Western economic power crisis of 1999-2000 to the Eastern reliability power crisis of 2003. Neither more studies nor more blackouts have changed what's been built-an excessive quantity of large generation plants dependent on relatively few major transmission lines. On its current course, the grid's inevitable destination is disaster.
Seemingly eco-friendly definitions can prevent adoption of renewable portfolio standards.
Seemingly eco-friendly definitions can prevent adoption of renewable portfolio standards.
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.
Two years after 9/11, the industry remains vulnerable.
Two years ago the utility industry, like everyone else in America, was blindsided by the terrorist attacks of 9/11. In the aftermath, the rush to secure the grid was on, and the caps on security spending came off-at least for a little while.
Two years later, where are we? Is the grid better protected from attack?
It is, but not by much, according to the experts Fortnightly consulted.
New Hires:
Progress Energy shareholders re-elected Edwin B. Borden, James E. Bostic Jr., David L. Burner, Richard L. Daugherty, and Richard A. Nunis as Class II directors of the company. They will serve three-year terms.
Maryland Gov. Robert L. Erlich Jr. named state delegate Kenneth D. Schisler chairman of the Maryland Public Service Commission. Schisler succeeds Catherine I. Riley.
New Hires:
Progress Energy shareholders re-elected Edwin B. Borden, James E. Bostic Jr., David L. Burner, Richard L. Daugherty, and Richard A. Nunis as Class II directors of the company. They will serve three-year terms.
Maryland Gov. Robert L. Erlich Jr. named state delegate Kenneth D. Schisler chairman of the Maryland Public Service Commission. Schisler succeeds Catherine I. Riley.