FERC races to impose NERC’s new rules, raising howls of protest in the process.
Bruce W. Radford
After pleading with Congress for so many years, and then at last winning the requisite legislative authority to impose mandatory and enforceable standards for electric reliability, to replace its legacy system of voluntary compliance, NERC finds itself at a curious juncture. It wants to slow the transition.
The intelligent-grid vision is becoming clearer as utilities take incremental steps toward a brighter future.
Michael T. Burr
Building the intelligent grid will require less technical innovation than it does strategic innovation—a characteristic not typically ascribed to U.S. regulated utilities. But the utility culture is changing—by necessity, if not by choice.
Can the upward swing in global power infrastructure investment be sustained?
Daniel I. Blanchard
The current recovery in global power-sector investment is being driven not only by rising demand for power, but also by the huge levels of liquidity in global financial markets. How long will the current up-cycle last?
The era of polemics about electric competition is nearly over. It’s time to compare the relative performance of competition and traditional regulation as these two established models operate side-by-side.
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