NERA

Electricity Market Reform in Japan

Bumpy Road Ahead

This is the first in a series of three articles related to power market reform in Japan and its implications both for Japan and globally.

Letters to the Editor

(August 2011) Economic consultant Michael Rosenzweig challenges Constantine Gonatas’s proposal for ensuring FERC’s demand response rulemaking achieves its objectives. Also, Juliet Shavit takes issue with Contributing Editor Steven Andersen’s characterization of utility customers as “crazy.”

AMI/Demand Response: For Real This Time?

Smart metering is coming of age. Is the utility world ready for it?

Some states, including Illinois, Oregon, Pennsylvania, and Texas, have been considering smart-metering questions as part of rate cases and resource-planning discussions. Other states, such as Kentucky, Louisiana, Ohio, and Virginia, have initiated EPACT Section 1252 inquiries separately from other proceedings. The tenor of the discussion also varies from state to state, with high-cost power states generally more attracted to AMI than low-cost states are.

Commission Watch

FERC mulls rival plans at the last minute, while on the West Coast, California gets into the game.

FERC, the ISO, and many other parties had seen no reason for further debate over the need for a location-specific capacity market. By limiting debate, FERC had foreclosed a raft of competing ideas. When the moment finally arrived for the oral argument at FERC, attorneys and witnesses attempted valiantly in the precious few minutes allotted each speaker to flesh out new ideas, and the commissioners struggled as well to keep up. This highly unusual situation made for a helter-skelter hearing, with new topics seeming to come out of the woodwork.

Frontlines

How Einstein discovered relativity, locational pricing, and participant-funded transmission.

Neptune and the Northeast

What a merchant transmission line <br> could bring to the table<font color="000066" face="Arial, Helvetica, sans-serif">.

Neptune and the Northeast



 

Off Peak

There's no getting around it&#151;price caps aren't for everyone.<b> </b>

Off Peak

July 1, 2001

L.A. Loves a Loophole

 

There's no getting around it—price caps aren't for everyone.

FEDERAL ENERGY REGULATORY COMMISSION
WASHINGTON, D.C.

OFFICE OF THE GENERAL COUNSEL

MAY 25, 2001

Compassionate Competition?

With its own private power grid, Texas thinks it's got restructuring licked.

With its own private power grid, Texas thinks it's got restructuring licked.

Frontlines

But does anyone know the real price of power?

You've read the headlines from Maine - how regulators asked for bids for competitive electricity but got prices higher than the old regulated rate.

But it gets worse. The more open the market, the higher the bid.

Central Maine Power and Bangor Hydro-Electric operate within ISO New England, which now is open for competition.