Electric Light & Power Articles, September 2002

Table of Contents

Features

Power security in a bottle: Who pays for the safety salve?

Since the tragedy of Sept. 11, 2001, the energy industry has examined security issues with a magnifying glass.

Industry News

National Grid weighs in on U.S. transmission market

National Grid USA's Nick Winser, senior vice president with responsibility for transmission strategy and development in the U.S., spoke with EL&P shortly after FERC issued its Notice of Proposed Rulemaking on standard market design.

New England implements attributes tracking system

As a result of an innovative new generation information system, retail suppliers of electricity in New England are now able to use tradable "certificates" representing the fuel source, emissions and other attributes of power.

On-site power gets down to business

Although the prices for natural gas, fuel oil and electricity are not as volatile as they were a year ago, and brownouts and blackouts haven't made the national headlines for months, corporate managers-from the facility manager on up to the CEO-are as interested as ever in managing energy expenditures and insuring power availability and reliability.

The sweet purr of the corporate engine: A look at the advantages of dashboards

Once a conservative and safe haven for investors, the energy industry is under scrutiny by analysts, media and politicians.

Opinion

Waiting in the wings

For many investors, balance sheets and financial statements of energy companies are now most suited for use as kindling as we approach the winter season.

Departments

News

News Briefs

Judge projects settlement: A judge with the Federal Energy Regulatory Commission (FERC) stated that he expects Williams and four other energy firms to settle the State of California's claim .

Ogling the significant assets of dispersed generation

As managers in today's energy business, do we have anything left to manage? Or are we merely custodians of a broken system?

Finance

More tax dollars likely earmarked to bolster utilities

Utilities continue to falter in the wake of debacles such as Pacific Gas and Electric (NYSE:PCG) and California Edison's ongoing implosions.

CFOs' finance reform hits IT, staffing, costs

Most CFOs of 265 large U.S.-based corporations indicate that, while accounting scandals and the recession are driving the transformation of financial departments, their departments may not be able to meet the challenge.

FINANCE BRIEFS

Southern Co.'s 2001 annual report recently won the "best of online annual reports" award in the 2002 International Annual Report Competition (ARC) Awards.

Transmission & Distribution

DISCO of the future may play more than one tune

It won't look a thing like Studio 54, but the DISCO of the future may still have a beat you can dance to.

GE, Power Engineers garner BPA contract

GE Industrial Systems, a unit of General Electric Company, and Power Engineers Inc. have secured a contract with the Bonneville Power Administration (BPA) for power capacity projects worth a total of $42 million.

T&D BRIEFS

RETX has been contracted by AES NewEnergy to provide its load response management system for the New England area.

Electric & Gas Trading

California proved hedging can be painful

The "California Crisis" may have disappeared from the front pages, but organizations that purchased forward contracts at high-water prices in the spring of 2001 continue to feel the pain.

In scandal's wake, traders stay afloat through image overhaul

The year 2002 could easily be remembered as the year of scandal for the energy trading industry, scandals that have left a perception that will forever alter the future of competition in energy trading.

E&GT Briefs

Aquila Inc. will exit the wholesale energy trading business by the end of this month, according to AP sources.

Info. Technology

AMR MVPs utilize technology to win the game

Utilities, employees, customers and shareholders need 'fixed network' AMR today.

Web alert: Time to get serious about energy conservation info

Many utility company Web sites are not very helpful to either residential or business customers seeking serious information about energy conservation.

IT/CS Briefs

The California service area of Sierra Pacific Power Co. has signed on for a five-year extension of their existing outsourcing contract with ORCOM.

Cleaning house: How technologies take equipment data management from pre-digital to post-virtual

Imagine bringing your car in to your mechanic for some much-needed repair and maintenance work.

Technology

Dynamic reactive power requirements, my friend, are blowin' in the wind

The development of wind energy has expanded very rapidly in the past five years. According to the American Wind Energy Association (www.AWEA.org), the amount of wind generation installed in the U.S. more than doubled between 1998 and 2001.

Tech Briefs

Foster Wheeler Power Group Inc. has been awarded additional business for selective catalytic reduction (SCR) installations under an existing business alliance with Cinergy Services Inc.

Management Methods

Don't let fears cramp your creativity

The more original an idea, the more open it is to criticism. There's a good reason for that. A fresh idea challenges the status quo and people tend to resist change.

Calendar Events

PennWell Confs. & Exhibitions (918/831-9160), www.powergenasia.com, Sun Tec City, Singapore

Industry Report

Financial rankings 2001: Inventory of black eyes & bruises

Not many investors will wax nostalgic about the overall financial state of energy companies in 2001.

Power Pointers

Primer on asset management

Superior asset management is a critical part of attaining maximum profitability.

This Issue


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Volume 80
Issue 9
September 2002