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Fortnightly Magazine - February 15 2003

FERC's Market Design: The End of a 'Noble Dream'

How state opposition cowed the feds and turned a powerful rule into just a set of talking points.
Bruce W. Radford

How state opposition cowed the feds and turned a powerful rule into just a set of talking points.

A funny thing happened on the way to a standard market design (SMD). What began as a full-fledged rulemaking-with the Federal Energy Regulatory Commission (FERC) giving instructions and imposing deadlines on the electric utility industry-now has degenerated into little more than a set of talking points.

Talk about cold feet.

Fossil Fuel Politics: How the New Congress Might Change the Mix

How the New Congress Might Change the Mix
Donald F. Santa Jr. and Ryan L. Flynn

Fossil Fuel Politics

 

 

How the New Congress Might Change the Mix

The 108th Congress will very likely resurrect the comprehensive energy and environmental legislation introduced in the 107th Congress, again raising questions about the effectiveness of market intervention in the area of electric generation.

Frontlines

Carrots haven't worked. FERC needs to get tough on backing its SMD vision.
Richard Stavros

People

New Hires:
We welcome submissions to People, especially those accompanied by a Color Photograph. Send to:

New Hires:

DPL Inc. named James V. Mahoney president of DPL Energy LLC. Mahoney has been with EarthFirst Technologies since 2001.

The board of directors of Piedmont Natural Gas elected Kim R. Cocklin senior vice president and general counsel. Cocklin's previous experience includes time as senior vice president at Williams Gas Pipeline and senior vice president and general counsel at Texas Gas Transmission Corp.

Benchmarks

Stephen Piper

Western Markets: An Investor's Minefield

 

Commission Watch

While electric restructuring pauses, telecom pushes forward.
Phillip S. Cross

State PUCs Show Split Personality

 

 

While electric restructuring pauses, telecom pushes forward.

No matter which way they turn, state public utility commissions (PUCs) have their work cut out for them.

While federal policy-makers push ahead with wholesale market reforms in the electricity sector, many at the state level now call for a cautious approach to protect consumers.

Business & Money

Today's volatile markets upset the discounted cash flow model, and others.
Jonathan A. Lesser

DCF Utility Valuation: Still the Gold Standard?

 

 

Technology Corridor

Communications platforms, ruggedness, software, and other factors all play a part in your purchase choice.
Carl J. Levesque

Field Service Computers: Consider the Variables-and the Benefits

 

 

Communications platforms, ruggedness, software, and other factors all play a part in your purchase choice.

When a utility considers equipping its field service work force with computers, the decision-making process often starts with software-not with questions about the ruggedness of the utility's field device, or whether the company should go with a Panasonic or an Itronix laptop.

Off Peak

Arthur O'Donnell

A One-Sided Conversation with Ken Lay of Enron

By (with thanks and apologies to Bob Newhart)

"Ken Lay, please... Oh, Ken, hello, you answer your own phone these days? ... No, I'm not a telemarketer, or a creditor... OR a reporter. Please don't insult me, Ken. This is Bob, your attorney.