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Fortnightly Magazine - September 15 1996

Moler and Donald F. Santa, Jr. of the FERC on one hand, and Woychick, Smutny-Jones, and MIT Economics Professor Paul Joskow on the other:

Santa: "What should [we] look at to determine whether a plant really is must-run?"

Smutny-Jones: "Use generic engineering criteria, not unit-specific."

Moler: "How do we minimize the chunk of must-run units?"

Woychik: "The definition ... is not a matter for regulation. It should be decided by the ISO."

Moler: "Does everyone else agree on that?"

Joskow: "Yes. Engineers have to look at the system and then mutter all sorts of things the rest of us don't understand."



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