Electric Light & Power celebrates 80 years as top industry publication

Tulsa, OK, May 13, 2002 — Electric Light & Power, published by PennWell Corporation, is commemorating its 80th anniversary this year as a source of business news for electric industry executives and management.

The May 2002 issue of Electric Light & Power will feature a special commemorative section that features industry highlights from each decade beginning with the 1920s, when utility futures (and most homes) were bright as electricity sparked across this country, forever changing the American way of life. Through it all, Electric Light & Power was there, serving as an information resource, reporting and analyzing industry news, and offering a forum for utility executives to learn more about issues that affect the industry most.

In May, Electric Light & Power, will feature the latest insights from CEOs in an Electric & Gas Executive Roundtable. Allen Franklin, Southern Co., Thomas Capps, Dominion, and William McCormick, CMS Energy, will comment on the fallout from California, Enron, and more…including expert predictions, promises and potential threats for the future. They will address transmission, acquisitions, profitability, capital expenditures, and new business models.

While the promise of liquidity seemingly justified the high market capitalization of exchanges, the recent downward spiral of the NASDAQ brings the challenges of creating and maintaining liquidity to the forefront. In the May issue, Electric Light & Power addresses industry-specific characteristics that may impede or facilitate the achievement of liquidity; plus what core competencies might enable market players to build liquidity better and faster than the competition.

Electric Light & Power takes a look at the energy sector’s 1Q stock performance, post-Enron. See which companies are the strong contenders and weak links among today’s utility stocks.

The telecom downturn has hit hard for electric utilities and other energy companies who ventured into telecom in the late 1990s. This issue, Electric Light & Power surveys their chances for survival as the industry attempts to recover.

Does CRM deliver on its promises? The Gartner Group estimated that more than 80 percent of CRM implementations fail to achieve their full objectives. Electric Light & Power explores CRM’s track record in energy companies-successes and shortfalls.

Mechanical inlet chilling may be a technology worth revisiting to maximize operating efficiencies of combined cycle turbines. After all, inlet cooling applications for green-field projects vary between $100-175/kW, and for existing sites from $200-250/kW. Compare that to $400-$600/kW for new generation sources. Electric Light & Power takes a look at the business case in support of this technology.

Each month, Electric Light & Power provides insight into industry news, financial and regulatory issues and reviews technology, information systems and electric and gas trading trends. This single source provides a broad view of the electric utility industry, with in-depth analysis of key business issues and regular interviews with industry leaders. Visit http://www.elp.com for daily industry news updates, conference information and access to archived issues, 1999 to current, of Electric Light and Power.


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