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ISO New England named Paul Liepe manager of customer service and training. Liepe works closely with the ISO staff to identify, develop and deliver training programs on the ISO`s market system project. Liepe was most recently an independent consultant working with the National Utility Association.
The California Independent Systems Operator (Cal-ISO) is revamping the state`s ancillary services markets in hopes of lifting price caps on reserve power. If the comprehensive redesign is successful, the Cal-ISO will raise its current $250 per MW cap to $750 per MW by next summer and then higher later, said new CEO Terry Winter.
The focus for most of the U.S. power industry is on divestiture, consolidation and-perhaps most impor- tantly-cost containment. Rethinking capital allocation is integral in the wake of restructuring initiatives and their continued push to competition. The variables factored into a company`s business strategies are now weighted differently, or are new ones not previously considered. The balance of future risk and reward tradeoffs depends on variables such as regulated assets vs. non-regulated ass
ISO New England selected Philip J. Pellegrino as its new president and CEO, effective upon Robert E. Charpentier`s retirement Jan. 31. Pellegrino`s most recent position was senior vice president of New York Power Authority`s transmission business unit.
As deregulation of the electric utility industry proceeds across the United States, a broad range of challenges face today`s utilities. The realities of competition are new to formerly regulated businesses and with that reality comes the need to streamline processes and increase operating efficiencies. Gone are the days when rate increases were practically pro forma and could be structured to cover new projects and new technologies. The need for information is paramount--especially information a