The commission tacks a new name onto a familiar concept.
Lori A. Burkhart
The commission tacks a new name onto a familiar concept.
By now it is old news that the Federal Energy Regulatory Commission (FERC) on April 28 back-pedaled on standard market design (SMD), even renaming it the "wholesale power market platform." But SMD is far from dead, as some had wished. Instead, it is merely toned down, bowing to political furor and regional differences.
Emotions have run high in the SMD/RTO debate. It's time for cooler heads to prevail.
W. Scott Miller III
The market speaks but we don't listen.
Bruce W. Radford
The market speaks but we don't listen.
Will someone please tell me: Where is the proof that the electric utility industry needs more investment in electric transmission? Is it not possible that we already have enough miles of high-voltage line?
I can scarcely turn around but see a new conference or workshop on how to encourage the electric industry to invest more in transmission infrastructure. The Federal Energy Regulatory Commission (FERC) leads that charge, though as a regulator it ought to stay neutral.
Merchant plants snub the market, using native load to create their own private rate base.
Bruce W. Radford
Locational marginal pricing has not been adequate in providing transmission expansion incentives. Others are needed.
Kevin B. Jones, Ph.D., David Clarke, and James Parmelee
National Grid balks, says FERC intended TransLINK as model for the East.
Bruce W. Radford
PJM ITC Tariff Splits With Midwest
Rising gas prices spark a rush to wind farms, straining grid capacity and raising larger issues about market design.
Courtney Barry
Rising gas prices spark a rush to wind farms, straining grid capacity and raising larger issues about market design.
When the Public Utility Commission of Texas (PUCT) was drafting rules to encourage the use of renewable energy, it took pains to guard against the chance that power producers would fail to reach the state's target of 400 megawatts (MW) in installed new renewable generation capacity by Jan. 1, 2002. The commission needn't have worried.
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.
How Einstein discovered relativity, locational pricing, and participant-funded transmission.
Bruce W. Radford
The speculative electricity trading industry has a bad case of rigor mortis, but current efforts might breathe new life into the practice.
Trading is dead. At least that’s what some analysts are saying about the electricity markets. “Trading died with Enron on Dec. 2, 2001,” says Mark Williams, an energy risk management expert at Boston University. Whether trading is really dead or not, some signs of a rebirth are beginning to emerge.
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