PPL Electric president steps down
Sipics, 58, headed the subsidiary of PPL Corp. that delivers electricity to 1.3 million Pennsylvania customers. He was responsible for storm response and repairing outages of all sorts.
William H. Spence, executive vice president and chief operating officer of PPL Corp., will replace Sipics while the company decides on a permanent successor.
"His (Sipics) exhaustive knowledge of both the company and the wider utility industry has been essential to the success of PPL, especially in the last decade," said James H. Miller, who last year succeeded Bill Hecht as chairman, president and CEO of PPL Corp.
Sipics joined PPL in 1970 as an engineer in the system planning department. In 1998, he became the first head of PPL's unregulated energy marketing subsidiary, which is now PPL EnergyPlus.
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Magnitude 5 quake strikes near Iran nuclear plant
DUBAI - A magnitude 5 earthquake struck southern Iran early Friday near the Islamic Republic's only nuclear power plant. There were no immediate reports of damage or injuries.
The quake hit Iran's Bushehr province at 5:23 a.m., according to the U.S. Geological Survey. It put the magnitude at 5.1 and the depth of the earthquake at 38 kilometres (24 miles).
Iranian state media did not immediately report on the quake. However, the Bushehr nuclear power plant was designed to withstand much stronger earthquakes.
A magnitude 5 earthquake can cause considerable damage.
Iran sits on major fault lines and is prone to near-daily earthquakes. In…