UtiliCorp United, Duke Energy and Enron have a lot in common,and it has a lot to do with how they “embrace and exploit change”rather than resist it, said Arthur Andersen’s Doug King yesterday.King, a partner in the London office, told attendees at the HoustonEnergy Symposium that the three companies have learned the samelessons, which have led to their present success.
Embrace
Articles from Embrace
Be Willing to Change, Lead, Say Utility Execs
Need a reason to embrace the future of the power industry? Howabout 10 reasons? Several U.S. utility executives last week offeredtheir upbeat take on the power generation and natural gas outlookfor the next five years, with El Paso Energy, Reliant Energy,Dynegy Inc. and Williams Energy Services giving a birds-eye view ofwhat’s ahead during a forum at PowerMart 2000 in Houston.
Be Willing to Change, Lead, Say Utility Execs
Need a reason to embrace the future of the power industry? Howabout 10 reasons? Several U.S. utility executives yesterday offeredtheir upbeat take on the power generation and natural gas outlookfor the next five years, with El Paso Energy, Reliant Energy,Dynegy Inc. and Williams Energy Services executives giving abirds-eye view of what’s ahead during an executive forum atPowerMart 2000 in Houston.
Energy Companies Find Expanded Revenue Through eBusiness
The speed at which energy companies embrace the Internet isexpected to accelerate for at least two more years, after whichcompanies that have aggressively invested in eBusiness will moveahead of competitors because of expanded revenue growthopportunities and reduced cost structures. At least that’s what anindustry survey by energy adviser Cap Gemini Ernst & Young U.S.LLC suggests.
Internet Savvy May Decide Your Future
The speed at which energy companies embrace the Internet isexpected to accelerate for at least two more years, after whichcompanies that have aggressively invested in eBusiness will moveahead of competitors because of expanded revenue growthopportunities and reduced cost structures. At least that’s what anindustry survey by energy adviser Cap Gemini Ernst & Young U.S.LLC suggests.
Michigan Utilities Embrace Electric Choice
Michigan’s two largest electric utilities – Consumers Energy,the principal subsidiary of CMS Energy, and Detroit Edison, theprincipal operating subsidiary of DTE Energy – plan to implementthe Michigan Public Service Commission’s (MPSC) electricrestructuring plan and offer electric customer choice this fall.The announcement follows the Michigan Supreme Court’s ruling onJune 29 establishing implementation of electric customer choice asa voluntary action undertaken at the discretion of utilities.