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PUR Guide 2012 Fully Updated Version

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coal

An Industry Transformed

By diving into today’s more diverse energy sector and embracing change, utilities stand to benefit over the long term. This is precisely why I am so excited about the future, even if I do occasionally look back wistfully on the past.
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"Today’s changes require open- mindedness …  a willingness to  let go of out-of-date-thinking." - Roy Palk
Author Bio: 

Roy Palk is senior energy advisor for the national law firm LeClairRyan, and works out of the firm’s office in Glen Allen, Virginia. Contact him at roy.palk@leclairryan.com.

Looking back on my 45 years in the energy sector.

The Old Drawing Board

PUCs are concerned that a rapid shutdown of coal-fired plants will start a full-tilt dash to gas—similar to the one that caused bankruptcies among independent power producers in the late 1990s and early 2000s. But this time around, ratepayers and not IPP investors will be stuck with the risk, if utilities rush to add all that new gas-fired capacity to rate base.

Category: 
Frontlines
Author Bio: 

Michael T. Burr is Fortnightly’s editor-in-chief. Email him at burr@pur.com

Portfolio planning in the age of gas.

Federal Feud

When Revolutionary War veteran Daniel Shays led an attack on the federal Springfield Armory in January 1787—the spark that ignited the federalist movement—he scarcely could’ve guessed that now, 225 years later, his spiritual descendants would still be fighting that very same battle.

Author Bio: 

Bruce W. Radford (radford@pur.com) is Fortnightly’s publisher, and Michael T. Burr (burr@pur.com) is the editor-in-chief.

The jurisdictional battle rages on, with FERC and EPA squaring off against the states.