Fortnightly Magazine - August 2004

MISO: Building The Perfect Beast

Seams, holes, and historic precedent challenge the Midwest ISO's evolution.

Seams, holes, and historic precedent challenge the Midwest ISO's evolution.

In a single sentence, Bill Smith of the Organization of MISO States (OMS) summarizes prevailing concerns about the new-and-improved Midwest ISO: "When it starts, it has to work."

Byline: 
Michael T. Burr
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Profit Without Costs

An analysis of participant funding in natural gas and electricity markets.

An analysis of participant funding in natural gas and electricity markets.

Of all the issues in the energy industry, no matter how technically or scientifically complex, none is more important than fairness. Price spikes, contract reformation, market manipulation-all hot-button issues during the last four years-revolve around a core value held by practitioners and regulators alike: Are the prices that exist in the marketplace just and reasonable?

Byline: 
Curt Hébert Jr.
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