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Technology Stocks : Year 2000 (Y2K) Embedded Systems & Infrastructure Problem
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To: C.K. Houston who wrote (322)4/25/1998 6:57:00 AM
From: John Mansfield  Read Replies (2) of 618
 
ARC: Utilities Slow to React on Y2K Compliance

April 14, 1998

Electric power utilities have been slow to address Year 2000 (Y2K)
issues in their facilities and problems continue to emerge. Many
utilities have been slow to react to automation experts' urgings that
they start to test their system's Y2K compliance capabilities. The
problem has become so urgent that US Securities & Exchange
Commission Chairman Arthur Levitt issued a letter to power utilities
last December urging them to address their Y2K issues.

Some utilities, including Hawaiian Electric, Consolidated Edison, and
Boston Edison, are at the forefront of Y2K-related activities in the
industry. Hawaiian Electric recently tested their energy
management system for Y2K compliance only to learn that the
entire system froze. Luckily Hawaiian Electric has two years to
solve these problems. Con Edison plans to spend more than $15
million on Y2K specialists to bring their system to compliance.
Boston Edison has identified ten problem areas that are being
corrected in preparation for the millennium. Utility companies
worried about the future of their automation systems in the year
2000 will benefit from the Y2K Discussion List sponsored by ARC

arcweb.com
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