Regulation & Policy

When Texas Seceded, Its Grid That Is

Judge Cudahy’s Second Alamo Article

PUF reviews Judge Richard Cudahy’s famous 1995 article on the so-called Midnight Connection that led to the disconnection of the Texas grid from the eastern and western grids. Even more relevant today given the ERCOT meltdown.

Uncertainty in Wake of Executive Order 13920 and Biden Administration

The Waiting Game

As President Biden begins his first few weeks in office, many within the power sector wonder how his administration will address key concerns related to securing the nation's bulk-power system.

The previous administration issued several executive orders relating to cybersecurity, including Executive Order 13920, a directive that was issued on May 1, 2020 to address security threats to the bulk-power system in the United States.

Gas Ban as Confiscation of Property

Reconsider Compensation Policy

The gas utility investor is put in a different position with electrification than under all prior stranded cost experience where the enterprise continues in business.

NARUC Annual Meeting's Panel on ESG

Environmental, Social and Governance issues

Jim Kerr outlines how investor-owned companies, and Southern Company specifically, are responding to ESG issues with transparency and real environmental, social, and governance progress.

Time to Put the Kibosh on Pancaking Section 206 ROE Complaints 

FERC Must Act

This article critiques FERC's rationale for entertaining pancaked complaints; describes as background the FPA bias favoring existing rates; and explains, in light of Emera Maine insights, the inability of pancaked complaints against the same ROE to support either the establishment of new ROEs or the refund of revenues collected under past, superseded ROEs.