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DPLs Corporate Vision and Mission - Case Study Example

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In the paper “DPL’s Corporate Vision and Mission” the author analyzes DPL’s strategic mission, which can be simply stated as “to be a reliable, efficient, profitable, and well-regarded investor-owned regional utility.” This mission consists of a few key fundamentals…
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DPLs Corporate Vision and Mission
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Download file to see previous pages ll on a power line in Indiana, tripping a 345 kilovolt (kV) transmission line that cut power in south-central Indiana, starting a chain reaction that caused an imbalance in the power transmission system.
By 12:53 p.m., First Energy (FE), another utility supplying power in Ohio, experienced lower frequencies in its power lines. Seven minutes later, at exactly 1:00 p.m., AEP’s Stuart Generating Unit experienced an upset. However, Indiana was able to solve its power problems by channeling part of the power in the grid to its territory, but this caused an imbalance back in Ohio, tripping FE’s Eastlake Unite No. 5, taking out 597 MW from the system. At 2:01 p.m., the system started going haywire and tripped Dayton Power and Light’s (DP&L) Stuart-Atlanta 345 kV line. Twenty-six minutes later, at 2:27 p.m., all hell broke loose as one by one transmission lines all over Ohio began giving up in trying to automatically control the flow of power.
All the machines and all the technology proved helpless, and in a little less than two hours, large swaths of the northeastern United States had no power. Among all the utility companies that tried to contain the trouble, DP&L was the last to fail and the first to recover. It was, and remains to this day, the smallest of the energy companies that supply power in Ohio. Its performance that day testifies to the company’s ability to tame the dangerous power of electricity. This paper attempts to explain why and how they did it.
The company that is known as DPL Incorporated (NYSE: DPL) or DPL Inc is a holding company that was established in 1985 as a regional electric energy and utility company. It has six wholly owned subsidiaries: Dayton Power & Light (DP&L), DPL Energy LLC (DPLE), DPL Energy Resources (DPLER), MVE Inc (MVEI), DPL Finance Company (DPFLC), and Miami Valley Insurance Company (MVIC). ...Download file to see next pagesRead More
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