Home Tags ELP Volume 77 Issue 10
ELP Volume 77 Issue 10
Coastal Corp. elected Anthony W. Hall Jr. board director. Hall serves as Houston`s city attorney and has served as Metropolitan Transit Authority of Harris County chairman, elected twice to city council positions, and served in the Texas house of representatives.
The Department of Energy will provide $5 million of the $21 million EnerTech Environmental Inc., Atlanta, needs to build a process development facility for up to 100 tons/day to illustrate its SlurryCarb process, which converts organic wastes into E-Fuel, a low-sulfur fuel supplement.
Plug Power Inc. filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. Plug Power designs and develops on-site electricity generation systems using fuel cells for residential applications.
Atangle of brush and tall tree limbs greets the Baltimore Gas & Electric (BG&E) forestry contract crew as it arrives to clear a suburban right-of-way (ROW).
The top 10 investor-owned utility holding companies sold about 28 percent of the electricity sold by U.S. utilities in 1998 (See Table 8, "IOU holding companies-25 largest generators").
In reference to your commentary about the American utility market, all I can say is, "It`s the market, moron!" For years REGULATED utilities-and Con Edison of New York is one of them-have had to justify all the building of all new transmission & distribution to their respective PUCs. All the while being limited to what return could be received on their investment.
Your commentary was perfect! The same goes for ComEd as for ConEd. Both neglected their first duty: to keep the lights on and AC humming. I hope this served as a wake-up call to the industry, just as the TMI-2 accident did 10 years ago. The problem then was (and in the power distribution part of the business still is) that top management gets preoccupied with the glamourous new areas and pays for "new ventures" by trimming the budgets of the "old and routine" parts of the enterprise, doing the m