F. William Payne - Utility and independent power: concept for a new millennium

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title	:	Utility and Independent Power : Concept for a New Millennium
author	:	Payne, F. William
publisher	:	The Fairmont Press
isbn10 | asin	:	0881732672
print isbn13	:	9780881732672
ebook isbn13	:	9780585016450
language	:	English
subject	Electric utilities--United States.
publication date	:	1997
lcc	:	HD9685.U5U875 1997eb
ddc	:	333.793/2/0973
subject	:	Electric utilities--United States.

Page iii Utility and Independent Power: Concept for a New Millennium F. William Payne, Editor Published by THE FAIRMONT PRESS, INC. 700 Indian Trail Lilburn, GA 30247

Page iv Library of Congress Cataloging-in-Publication Data Utility and independent power : concept for a new millennium / F. William Payne, editor. p. cm. Includes index. ISBN 0-88173-267-2 1. Electric utilitiesUnited States. I. Payne, F. William, 1924-. HD9685.U5U875 1997 333.793'2'0973dc21 97-7709 CIP Utility and Independent Power : Concept for a New Millennium Edited by F. William Payne. 1997 by The Fairmont Press, Inc. All rights reserved. No part of this publication may. be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Published by The Fairmont Press Inc. 700 Indian Trail Lilburn, GA 30247 Printed in the United States of America 10 9 8 7 6 5 4 3 2 1 ISBN 0-88173-267-2 FP ISBN 0-13-645573-5 PH While every effort is made to provide dependable information, the publisher, authors, and editors cannot be held responsible for any errors or omissions. Distributed by Prentice Hall PTR Prentice-Hall, Inc. A Simon & Schuster Company Upper Saddle River, NJ 07458 Prentice-Hall International (UK) Limited, London Prentice-Hall of Australia Pry. Limited, Sydney Prentice-Hall Canada Inc., Toronto Prentice-Hall Hispanoamericana, S.A., Mexico Prentice-Hall of India Private Limited, New Delhi Prentice-Hall of Japan, Inc., Tokyo Simon & Schuster Asia Pte. Ltd., Singapore Editora Prentice-Hall do Brasil, Ltda., Rio de Janeiro

Page v Dedication Working to reform and revitalize the electric utility is an exhilarat ing experienceat least, for those who are resilient, creative, realistic. For those who are not, it's an unnerving and often brutal process. There is a great adventure afoot. As it proceeds, you can observe a sharpening, an increased intensity, a vigorous expansion in the abilities of those who are bringing this transformation about. Neanderthals are passe. A great "democratization" process is taking place, and the IQ level of all participants is being pressured upwards, to new heights. The authors of this book are one proof. We dedicate it to them... to you, the readers who seek their advice... and to all who are busily ham mering out a new industry, as we report on it in Utility and Independent Power: Concept for a New Millennium.

Page vii TABLE OF CONTENTS Section 1: Strategies for Change Chapter 1 From the Utility Business to the Power Business Leonard S. Hyman, President, Private Sector Advisors, Inc. Managing Director, Fulcrum International, Ltd. 5 Chapter 2 Northeast States' Vision of a Competitive Utility System Arthur Maurice, Vice President, New Jersey Business & Industry Association 15 Chapter 3 Rebuilding the Electric Business on a New Foundation James M. Piepmeier, President, James M. Piepmeier & Co.; David C. Jermain, President, David O. Jermain and Associates; Terry L. Egnor, President, MicroGrid, Inc. 39 Chapter 4 The Future Power IndustryDefining the Boundaries Richard J. Rudden, President, R.J. Rudden Associates, Inc. 51 Chapter 5 How Utilities View the Future: A Self-Analysis Larry B. Barrett, Barrett Consulting Associates, Inc. 61 Chapter 6 Electric Power Competition and the Economic Doctrine of Contestable Markets Ransome E. Owan, Senior Energy Analyst, University of Pennsylvania 69 Chapter 7 Providing Open Transmission Access and Services: The Role of Regional Transmission Associations Prem K. Bahl, Utilities Consultant, Arizona Corporation Commission 79 Chapter 8 The Competitive Power Market: How Profitable Will It Be? Richard J. Rudden, President, R.J. Rudden Associates, Inc. 91

Page viii Section 2: The Customer Viewpoint Chapter 9 Blueprint for Customer Choice: ELCON's Road Map for the Utility Transition John Hughes, Director, Technical Affairs The Electricity Consumers Resource Council 103 Chapter 10 What Will Customers Want From the Competitive Market Place? George McFadden, Senior Energy Manager, Praxair

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