EIA notes utility merger trend

The US Energy Information Administration has reported that many investor-owned electric utilities (IOUs) have merged with other utilities to improve their positions in the new, more competitive electric power industry.It said, over the past 3 years, IOUs have completed 22 mergers. By the end of 2000, another 25 pending mergers are likely to be completed."One consequence of this trend is the increasing concentration of power plant ownership. By the end of 2000, the 10 largest IOUs will own approximately 51% of all IOU-owned power production capacity [up from 36% in 1992], and the 20 largest IOUs will own approximately 73% [up from about 56% in 1992]."EIA said many electric utilities are co...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected