Electricity & Natural Gas Business: Understanding It! (2003) (Electric & Natural Gas Business, 3) [Hardcover]

Robert E. Willett (Author)

Book Description

ISBN-10: 1930578024 | ISBN-13: 978-1930578029 | Publication Date: March 15, 2003

If you’re interested in electric and natural gas utilities—and anybody who turns on a light or tries to save and invest should be— you can benefit from Electricity and Natural Gas Business: Understanding It! Big dividends are at your fingertips, all in one place, in 21 chapters with 23 tables, 85 figures, 9 appendices. You’ll discover how easy it is to make a bundle through this quick-reference book with its extensive outline, all-embracing index, and handy list of acronyms.

The strategies you can make from this book should help you gain total security. You won’t lose any more sleep over today’s skyrocketing electric and natural gas prices. There’ll be no more guesswork about power interruption, scandal, and investor panic. You can protect your investments, saving yourself needless worry.

Because this information is exclusive to us, you’ll join a very select group. Our 26 veteran authors will give you a private, behind-the-scenes look at industry workings, putting you in on the direction that the industry’s most-respected minds feel it is heading. Readership generally includes the crème de la crème of environmentalists; attorneys; gas and power executives, analysts, buyers, and suppliers; regulators; economists; financial analysts; activists; and others.

Here’s what you get:

• Standard market design (the revolutionary approach to the electric market): 4 chapters that are your guarantee of best SMD strategies

• Industry outlook: 4 chapters that can mean money in the bank from new opportunities

• Gas supply and production: 3 chapters that give you growth potential in some supply arenas and protect your investment in others

• International: 3 chapters that can make you a million internationally or make international business ventures no sweat.

• Federal and state oversight: 7 chapters (5 federal) that make doing business with regulators easier than ever before and give you defense against surprises

Editorial Reviews

Review

"A worthwhile learning experience, even for the hardened veterans of the legal and restructuring battles of the 1980s and 1990s!" -- John Olson, senior vice president, Sanders Morris Harris, Houston, also Institutional Investor "All-American Analyst" for natural gas, appearing in April 2001 Pipeline and Gas Journal

"Contains some useful and thought-provoking material!" -- — Jonathan D. Schneider, Energy Bar Journal (Fall 2002)

"Even the keenest industry watcher will find it a source of many interesting and useful chapters!" -- --Christopher J. Barr, of the Energy Practice Group of the law firm of Morgan, Lewis & Bockius LLP, Washington, D.C., reviewing in Energy Bar Journal (Spring/Summer 2001).

"It has a lot of useful information in it!" -- —Pat Wood III, chairman, Federal Energy Regulatory Commission (June 2002)

"Of interest to the upstream industry!" -- Oil & Gas International (On-line energy news service)

"Very good book that covers all aspects of the natural gas and electricity sectors in one volume!" -- —Neil Atkinson, Journal of Energy Literature 8, no. 2 (December 2002), 106.

For those in the US, these books are ideal. For those [companies] in the US and internationally, they’re very useful. -- Power Economics, June 2003

From the Publisher

There is absolutely no doubt in anyone’s mind that as far as the industry’s finances went, the year 2002 for power and gas was truly horrible, and the bad times may not be over yet. This crash is so ironic: the eighteen-year gas bubble is over: prices are soaring. It would seem superficially that steadily rising gas and power prices and power demand should be pushing the industry to prosperity.

The dismal-science facts here are certainly one developing chain of events that continues to focus the attention of all in the industry. However, there is another, this one more positive (in the eyes of some), or at least a less calamitous so far, and this time regulatory: the Federal Energy Regulatory Commission’s standard market design initiative.

Thus, one of my goals this year was to provide two focus sections, rather than one, for each of these major areas of concern and development. Accordingly, we have separate, multichapter sections for the SMD and industry disintegration.

I also wanted to do a few more things:

• Continue to fold in the effects and outlook for competing energy forms. This year it is coal gasification, analyzed by the estimable Bob Means.

• Provide some analysis of the pipeline proposals concerning gas from Prudhoe Bay to the Lower Forty-Eight. David Dismukes and others have done this through an analysis that contains some surprises.

• Provide an international section that is of general use to all international players, rather than by only those interested in discrete geographic areas.

• Give the status of federal efforts toward physical security. This is written by Rick Smead.

• Provide reader’s aids like a list of abbreviations and an index.

As in all years, there are some areas that I would very much have liked to cover, but these will be covered in future editions or have been covered in recent editions. I am grateful that our publics are recognizing this expanse of coverage and are frequently buying the volumes as a set for complete coverage.

I never cease to be amazed by the thoroughness and general level of excellence of the pieces that I am provided by the many true professionals whose work I am very proud to be associated with. I could go on another two pages naming names. However, this year I just have to put in a special word for Don Santa, now executive vice president of the Interstate Natural Gas Association of America. He was a partner with the law firm of Troutman Sanders when he (and about four associates) put together what started as a chapter on federal electric regulation and ended up to be four chapters—very valuable, thorough analysis by some people in a position to know. At my request, he and his staff even went back and added forward-looking analysis throughout those pieces.

I also want to put in a word for Mark Cooper (although I imagine right now many industry readers want to put words at him), a contrarian concerning most regulatory initiatives. Thanks to this kind of viewpoint, we are able to keep this series balanced and thus give it credibility.

See all Editorial Reviews

Product Details

• Hardcover: 496 pages
• Publisher: Financial Communications Co (March 15, 2003)
• Language: English
• ISBN-10: 1930578024
• ISBN-13: 978-1930578029
• Product Dimensions: 11.3 x 8.6 x 1.4 inches
• Shipping Weight: 3.6 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #6,374,660 in Books (See Top 100 in Books)