Anyone who thought our industry was sitting idly-by waiting for energy legislation has another guess coming. Just read the profiles in the Class of 2005 where public-private partnerships abound.
* David Walker, president of Bechtel Fossil Power leads, "through the knowledge of technologies" gained within the Bechtel organization throughout his 30 plus year career, "...to improve the quality of life..."
* GE Energy's mission is to leverage its portfolio. Jim Suciu, president of Global Sales, oversees growth as a member of GE's Corporate Council led by Jeff Immelt.
* Dividend payments increased in 55 percent of the EEI index companies and outperformed in 04, S&P and Dow Jones,
Tom Kuhn, EEI president said. Passage of energy legislation is EEI's priority for 2005.
* Capgemini and TXU formed Capgemini Energy to provide business process outsourcing (BPO) and information technology (IT) solutions. CEO Bob Pryor boasts a 98.5% performance increase in 2004.
* NuStart's mission is to significantly reduce the time to market for a new nuclear plant, Marilyn Kray, NuStart's elected president said. DOE is matching funding.
* Fifty-eight percent of worldwide installations of gas turbines under 10 megawatts are branded Kawasaki units. Hiro Matsumura, America's president sees a market for the L 20 A class for LNG.
* CEO David Petratis likes the market access Schneider's multi-brand products provide within North America. He is developing a new micro-segmentation strategy to take advantage of new markets.
* PIC added O&M solutions to its portfolio of offerings. Facilities under PIC's opertional control have an average availability of 98.14% and dispatch/peak at 99.23% said Sergio Picon, PIC president.
* Itron's proprietary technology provides over 3,000 utilities worldwide the knowledge they need to optimize energy assets. CEO Nosbaum said the Schlumberger acquisition now provides a seamless integration.
* Lothar Herrmann oversees Siemens Power Generation assets in China where electricity growth is 15.8 percent in the 30 provinces. Siemens owns over 12 joint ventures in power generation and distribution.
* CEO Phil Harris has grown PJM billings from $1 billion annually in 1998 to $1 billion monthly in 2004. PJM was the first RTO to implement a process to maintain reliability.
* Dr. Marc Horvay laments the HRSG industry boom to bust cycle and projects the impact of LNG, IGCC and Methane Hydrate on a new growth market. Methane Hydrate deposits exceed carbon sources.
* Dr. Richard Sandor advocates a cap and trade system to monitor smoke stock emissions. A market-based solution to environmental problems is the mission of the CCX members.
Advancing the benefits of globalization in emerging
markets is the challenge CEO Bob Hart relates. Globeleq has invested $2
billion and is seeking to more than double operating capacity.
* MTU's Bernd Kessler wants to expand the company's competence from engine experts to supporting customers needs in software and controls. He envisions a 24/7, one-stop shop.
* n the U.S., project and asset-based financing stands as the future of energy market growth. In 2004 nearly $3 billion has been raised by private equity
John Buehler of EIF said.
* Larry Kellerman discusses five business practices that have Òdone us wrong.Ó He offers a customer driven, back to basics business model at Goldman Sachs.
* Survival fears are distant memories to NRG's David Crain. He sees real opportunities in re-powering and will only acquire assets that are immediately accretive to earnings.
* R.W. Beck's CEO, Nicholas Guarriello's concern is the aging coal fleet. He sees coal accounting for 112,000 megawatts or 32 percent of new capacity.
* Solar's Richard Brent can achieve neutrality between the utilities and distributed generation (DG) customers by creating DG Zones and by eliminating disincentives to DG developers.
We are equally proud of our Classes of 2000--2004 alumni and will be adding, "Alumni News" starting with the March-April issue.