EnergyBiz Magazine — May / June 2005

OUR TAKE

Report To Our Readers [PDF]

It wasn't long after launching EnergyBiz that we confirmed the magazine was making a positive impact on the industry. Shortly after the second issue mailed in January, Bruce Carpenter, Portland General Electric general manager of residential and business services, held a copy aloft as he addressed a large audience at Distributech. It is a must read, he said, illuminating many major issues facing energy companies.

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FEATURED

Catching Wind [PDF]

Wind power, which currently generates less than 1 percent of the electricity used domestically, is being more seriously considered as an energy source by utilities across the United States these days.

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Breaking Grid Gridlock [PDF]

The power grid, the skeletal system of America’s economy, has grown old and arthritic. What must be done to rejuvenate it is largely known. What is lacking, however, is the business will and legal and regulatory framework to trigger long-deferred, vital investments in power transmission — or so say a broad swath of leaders in the electricity industry surveyed by Energ yBiz in recent weeks.

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Articles Within This Feature

 

Power Trading Rebuilds [PDF]

Throwing his hands down in disgust, Eric Bolling turned away from the hurly-burly of the natural gas pit on the floor of the New York Mercantile Exchange (NYMEX) in lower Manhattan. A few minutes later, the independent energy trader sat down in the spectator’s gallery above the trading floor, watching the clusters of arm-waving, finger fluttering, card-flinging traders.

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Articles Within This Feature

 

Xcel's Fowke: The Demands of Financial Leadership [PDF]

A top-notch utility chief financial officer must be a strategic thinker adept at risk management and a skilled communicator. So says Ben Fowke, vice president and chief financial officer of Xcel Energy.

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LEGAL EAGLE

Feds Seek Jump in Hydro Rates [PDF]

Let market forces determine energy rates. End federal subsidies. The Department of Energy (DOE) is determined to end any hydroelectric subsidies that keep market rates low and artificially drive down energy prices. As expected, a DOE proposal to change the rates charged by the Bonneville Power Administration (BPA), Western Area Power Administration and Southeastern Power Administration, is facing concerted opposition. A powerful group of public utility commissioners, trade and consumers groups and politicians — mostly from the Northwest — is vowing to squelch the proposal before it gains momentum and end prospective rate hikes.

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Form a Mutual Utility [PDF]

The idea is simple: Let the customers own their utility. Let each and every one of them be an equity owner in the company they rely on for electricity.

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In Support of a Customer-Owned, Regional Utility [PDF]

The fate of Portland General Electric is linked to Oregon’s economic future. In fact, ensuring that the ownership of PGE has goals aligned with its customers and communities may be the most important economic development strategy of this decade.

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Content continues below ↓
 
LEGAL EAGLE

In Support of a Customer-Owned, Regional Utility [PDF]

The fate of Portland General Electric is linked to Oregon’s economic future. In fact, ensuring that the ownership of PGE has goals aligned with its customers and communities may be the most important economic development strategy of this decade.

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ENERGY BUSINESS

Dealing With an Aging Workforce: A New Vision For HR [PDF]

The graying of the American workforce is not a new phenomenon, but it does seem to be getting a lot more attention lately. As EnergyBiz documented in its inaugural edition, the electric and natural gas utility industry is going to see upwards of 45 percent of its workforce reach retirement age within the next six to seven years. This can mean only one thing. Already in the process of reshaping itself after the demise of the energy trading and marketing business and swift movement away from energy deregulation, our industry faces yet another serious challenge.

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Managing An Aging Technical Workforce [PDF]

Utilities are pursuing speculative activities to satisfy financial demands. As these companies move into other businesses, leaders have placed less importance on developing the technically skilled workforces needed to build and operate power delivery systems. Yet, highly loaded systems and increasingly sophisticated systems and technology are demanding expertise. In addition, increasing capital investment in the power delivery industry, following years of cost reduction measures, calls for the wisdom and technical experience of highly capable workers.

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Powering The Third World [PDF]

There are between 1.4 and 1.6 billion people in the world that are not connected to the global village because they lack safe, reliable, and efficient power. The International Energy Agency (IEA) expects electricity demand to double between 2000 and 2030, estimating that roughly $10 trillion worth of new investment will be needed globally over the same period — more than half of which will be needed in developing countries.

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TECHNOLOGY FRONTIER

The Promise of IGCC - Innovations in Extracting Power from Coal [PDF]

As one of the leading coal consumers in the United States, Cinergy Corp. understands the importance of utilizing coal well into the future. We burn approximately 25 to 30 million tons per year to generate electricity — and we’re not alone.

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Soaking up the Sun - Canadian Heating Project Takes Shape [PDF]

The average Canadian home produces approximately 6 to 7 tons of greenhouse gas (GHG) emissions per year. Thanks to the Okotoks Solar District Heating Project; however, 52 houses located in the Drake Landing Solar Community in Okotoks, Alberta, will be an exception to this rule.

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Using Coal Strategically - Providing Petroleum Products and Power [PDF]

To move beyond current energy constraints, we will need to think beyond the dots in the next 20 years. Rapidly growing demand in Asia, coupled with the nation’s shrinking geological reserve base, is building up enormous pressure in the fuel and power markets and driving up oil and gas prices.

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METRICS

Energy Boards Get Proactive [PDF]

The effects of regulation designed to eliminate the offenses of a few have reverberated throughout boardrooms of energy companies around the world, making change inevitable for all.

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INTRODUCING

Rising Constellation - Shattuck Charts a New Course [PDF]

Mayo Shattuck III, the chairman, president and chief executive officer of Constellation Energy Group stands for a new generation of leadership in the power industry. He is one of more than two dozen CEOs to rise to the upper reaches or utility management since the dawn of this century.

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FINAL TAKE

China's Power Plans - Pursuing Market Reforms, Foreign Investors [PDF]

Since the era of reform and opening up started in China, the system underlying the power industry has experienced a series of reforms. The investment system for the power industry with the government as the sole source of funding has been transformed. New policies have spurred power investment by diversified investors, and competition. As a result, China’s power industry is scaling new heights.

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