Calendar of Events

Sep 29, 2014 to Oct 03, 2014 | Michigan State University, Lansing MI
Oct 01, 2014 to Oct 03, 2014 | Washington, DC

Keywords

Public Utilities Reports

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Federal Energy Regulatory Commission

Anatomy of Sealed-Bid Auctions

Bringing flexibility and efficiency to energy RFPs.

Joseph Cavicchi and Andrew Lemon

With the introduction of retail competition in the electricity industry, regulatory authorities in many jurisdictions are now overseeing the purchase of electricity at wholesale by electric utilities for customers that do not otherwise obtain supply from independent retailers. There are two primary ways in which, under the supervision of regulatory authorities, electric utilities purchase electricity for these non-shopping customers: through simultaneous descending clock auctions or through fairly common sealed-bid auctions, commonly known as Requests for Proposals.

Paying for the Green Grid

Subsidies might not be the best solution for interconnecting renewables.

Jonathan Schneider

Supporters of renewable energy are seeking to socialize the cost of a new interstate highway system for transporting green power. But utilities and transmission owners will build or finance new transmission systems to serve economic demands. Policy makers shouldn’t pre-ordain the direction of industry progress.

Compliance Program Guidance

The industry debates how far FERC should go.

Howard Friedman

Since the Energy Policy Act was enacted in 2005, the domestic power and gas industry has experienced several years of FERC compliance enforcement history. Including the settlements entered into in 2007, total penalties levied and agreed to by companies are close to $100 million over the past two years. Given the high stakes, some industry stakeholders have suggested that FERC could provide more comprehensive guidance on what it means to have an adequate compliance program and what constitutes that compliance.

Federalizing the Grid

Renewable mandates will shift power to FERC but pose problems for RTOs.

Bruce W. Radford

A recent survey conducted by the U.S Office of Personnel Management and reported by the Washington Post on March 13 ranked the Federal Energy Regulatory Commission as eighth best of some 37 federal agencies in terms “talent,” and third in “leadership and knowledge.”

Rethinking 'Dumb' Rates

Achieving the smart grid’s potential requires a revolution in electricity pricing.

Rick Morgan

Achieving the smart grid’s potential requires a revolution in electricity pricing. Smart metering and smart rates might yield surprising and beneficial changes in the U.S. utility industry. But capturing those benefits will require an intelligent and careful approach to implementing dynamic pricing.

Transmission Incentive Overhaul

FERC’s ROE incentive adder policy sends the wrong signals.

Scott H. Strauss and Jeffrey A. Schwarz

FERC is offering incentive rates to entice transmission investment. But the authors identify serious flaws in emerging policy regarding return on equity (ROE) incentive adders. Determining whether and when ROE adders are appropriate requires a more deliberative approach.

Wooing the Western Wind

How a move to bring power markets to the Great Plains has uncovered a crisis in grid planning.

Bruce W. Radford

They call the United States the “Saudi Arabia of Wind.” That’s due in large part to the huge potential of the Great Plains. But there’s a hole in the metaphor. Wind power development in some parts of the prairie is falling short of expectations.

Ready for IFRS?

International reporting standards are coming for U.S. public companies.

Scott Hartman

Adoption of IFRS (International Financial Reporting Standards) in the United States undoubtedly will mark a significant change for many U.S. companies. But this change should not be feared. Moving to an entirely new accounting structure ultimately might enable companies to streamline reporting processes and reduce compliance costs.

Memo to the President-Elect (Part 2)

A clear and present need for nuclear energy expansion.

C.E. (Gene) Carpenter Jr.

Addressing climate change will require extending the life of today’s nuclear fleet and laying the foundation for new plants.

Transmission is Bubbling

A billion-dollar ‘gold rush’ could send grid rates through the roof.

Bruce W. Radford

Money may be difficult to come by for Wall Street financiers in these dark days, but apparently not for electric transmission construction—at least so far. A rash of recent orders from FERC shows that generous financial incentives remain available to companies seeking to expand the nation’s grid capacity.

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