Edison Awards
Oct 01 - Electric Perspectives
In recognition of innovation in expanding the markets for coal combustion products (CCPs), Wisconsin Energy Corporation, the parent company of We Energies, is the 2004 winner of the Edison Award, the electric power industry's highest honor.
As recently as 1980, We Energies discarded into landfills 95 percent of the
fly ash and bottom ash generated at its powerplants. To expand the market for
using CCPs, we researched, developed, and patented four reliable processes to
reburn recovered landfilled ash-eliminating the need to use scarce land for
additional (and expensive) fills while creating commercially-viable products.
Today, We Energies markets and uses 645,000 tons of CCPs per year, finding
productive uses for 98 percent of these materials-the highest rate in the
industry. These CCPs have been used extensively in pavement, structural fill,
and as a concrete aggregate in a variety of building projects-including
Milwaukee's Art Museum, Miller Park stadium, and Green Bay's Lambeau field.
"A hallmark of this industry is a spirit of innovation and
leadership," said EEF president Thomas R. Kuhn. "Wisconsin Energy
embodies these and other key traits, and we commend the company's management and
employees for their eagerness to chart a new course into the future."
Miller Park, Milwaukee, WI.
ScottishPower took top honors in the international category, due in large
part to strong operational performance in delivering improved customer service
while achieving excellent financial growth. The company had introduced a new
cappedprice product which protects customers against rate increases for the
duration of the contract. If rates decrease, however, the customer reaps the
cost savings. The initiative helped grow the company's customer base by more
than 600,000 over 12 months. ScottishPower also posted strong financial results
last year. The company showed an operating profit equivalent to $2.1 billion, a
6-percent increase over the same period in 2002 and 2003.
"Winning this prestigious award is a tremendous tribute to the hard work
of all our staff on both sides of the Atlantic," said the company's CEO,
Ian Russell. "We believe maintaining the highest level of customer service
is vital for business success."
At the conference, Wayne Brunetti, chairman and CEO of Xcel Energy was
elected chairman of EEI. Michael G. Morris, chairman, president, and CEO of
American Electric Power was elected first vice- chairman; and James E. Rogers,
chairman, president, and CEO of Cinergy, was elected second vice-chairman.
Copyright Edison Electric Institute Sep/Oct 2004