FERC

Enforcement Times Two

FERC and CFTC begin sharing information to target market manipulation in the energy industry.

Closer coordination between FERC and CFTC (and perhaps also with DOJ) will increase enforcement risk for energy industry traders.

Reliability vs. Resiliency

Prevent problems, or wait and respond when something happens?

FERC holds conference on electric reliability, asks about standards for resiliency – not just to prevent problems, but how to respond once they occur.

Waiting for the Next Polar Vortex

How recent events could prove a harbinger of winters to come.

The winter of 2013-14 offered up a perfect storm of natural gas price spikes and threats to electric reliability. Expect more of the same.

The Powhatan Matter

Market manipulation versus the right to make a profit.

Harvard professor Bill Hogan claims FERC is wrong to find market manipulation where traders simply make profits on market defects known to all.

Negawhat?

EPSA v. FERC: How the court went wrong on demand response.

The court’s ruling in EPSA v. FERC assigns a retail/wholesale dichotomy to demand response, but is that distinction even meaningful?

Scare Tactics

New England’s proposed capacity market reform would force generators to ‘Be There or Else.’

Facing worries about resource adequacy, ISO New England proposes changes that would penalize generators that fail to perform when needed -- for any reason. Market players say it can only work if the system operator allows for reasonable exceptions.

Reinventing the Grid

How to find a future that works.

The traditional central-station grid is evolving toward a more distributed architecture, accommodating a variety of resources spread out across the network. An open and thoughtful planning approach will allow an orderly transition to an integrated system – while fostering innovation among a wider range of industry players.

Invoice Enclosed

Having lost Entergy to MISO, the Southwest Power Pool seeks its pound of flesh.

Welcome to the age of RTO competition: region vs. region, grid vs. grid. It could well outdo the choice wars between retail energy suppliers that we thought were in our future.

Life in the Transco Age

The competitive transmission genie is out of the bottle.

FERC Orders 890 and 1000 have opened the doors to independent transcos, heralding an era of innovation to solve reliability and capacity problems.

Bundled against Change

Mississippi draws a line in the sand.

"We view the [Entergy-ITC] transaction [as] an attempt to extract excess value."-Mississippi PSC