PPL Generation, LLC · Allentown, PA United States
Company Description
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This link will open in a new window In many parts of the US people are "talkin'" 'bout PPL G-g-g-generation. PPL Generation, a subsidiary of PPL Corporation , operates more than 40 power plants in northeastern and northwestern portions of the US. Not a discriminating power producer, PPL Generation utilizes a variety of fuels at its plants, including coal, natural gas, oil, uranium, water, and renewables (biogas, solar and wind). The independent power producer has more than 12,000 MW of generating capacity. PPL Generation output is marketed to wholesale customers by affiliate PPL EnergyPlus. To read the full description, subscribe now.
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Key PPL Generation, LLC Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 525 |
PPL Generation, LLC Executives
5 executives listed for PPL Generation, LLC's Allentown, PA location.
| Title | Name & Bio | Contact |
| President | William Spence | Network |
| SVP and Chief Nuclear Officer | Timothy Rausch | Network |
| VP and COO, PPL Montana | Pete Simonich | Network |
Competition
Competitive Landscape for PPL Generation, LLC
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top PPL Generation, LLC Competitors
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