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PUR Guide 2012 Fully Updated Version

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Tennessee Valley Authority

An Industry Transformed

Byline: 

Roy Palk

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"Today’s changes require open- mindedness … a willingness to let go of out-of-date-thinking."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.

Category (Actual): 
Pricing
Coal
Natural Gas
Strategy & Planning

Looking back on my 45 years in the energy sector.

People (December 2012)

Magazine Volume: 
Fortnightly Magazine - December 2012

Tennessee Valley Authority named William D. Johnson president and CEO. Northeast Utilities appointed James W. Hunt as v.p. of regulatory affairs and community relations. Pepco Holdings Inc. promoted Donna J. Kinzel to v.p., treasurer and chief risk officer, Kevin M. McGowan to v.p., regulatory affairs, and O. Ray Bourland to v.p., public policy. And others...

Image: 
Jim Alberts
Jim Hunt
Bill Johnson
Patsy Nanbu
Ronald Jibson
Category: 
People
Category (Actual): 
People

Transactions (October 2012)

Magazine Volume: 
Fortnightly Magazine - October 2012

Exelon sells plants in Maryland and Cali; Mitsui buys into Viridity; Duke issues $1.2B; plus deals at TVA, Xcel, PG&E, etc. totaling $4.9B.

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Category: 
Transactions
Category (Actual): 
Transactions
Mergers & Acquisitions
Bonds / Debt Markets

Climate Exposure

Collecting on GHG Damage Claims
F. William Brownell and Curtis D. Porterfield
A state supreme court ruled last fall that damage resulting from climate change allegedly caused by power plant emissions was “reasonably foreseeable,” and therefore litigation expenses were not covered under a general liability insurance policy. The ruling creates an unworkable standard and raises questions about insurance coverage for climate-change liabilities.
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