Calendar of Events

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

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Public Utilities Reports

PUR Guide 2012 Fully Updated Version

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PJM

Keep Your Eye on the South

The Southeast again is the battleground for fuels, technology, and market structure.

Gary L. Hunt

One sure sign of recovery in boom-and-bust power-generation markets is the renewed growth in the planning and construction of power plants. Active efforts are underway in generation development in the Southeast markets in spite of the high levels of generating reserve margins. With its traditional utility-dominated market structure and a preference for baseload generation, the Southeast is the battleground for the next round of power-generation development.

Viewpoint: In Defense of Markets

The latest resistance to deregulation is built on a foundation of lies.

Todd W. Bessemer and Francis X. Shields

A motley assortment of naysayers and recalcitrants continue to oppose competitive electricity markets around the world. But the alternative to markets is centralized command economics—a discredited concept that deserves to be consigned to the dustbin of history.

Carbon Costs: The Coming Battle

Where are prices going, and where have they been?

Caroline Gentry and Jamie Webster

The Supreme Court’s recent decision empowering the Environmental Protection Agency to regulate carbon dioxide shifted momentum toward a mandatory program to cap greenhouse-gas emissions. Eventually, there will be huge implications for power generation.

The Mobile-Sierra Doctrine: A Return to Its Statutory Roots

The 9th Circuit’s Snohomish and PUC decisions rationalize what has been a confusing, conflicted area of law.

Scott H. Strauss and Jeffrey A. Schwarz

The 9th Circuit Court’s Snohomish and PUC decisions seek to rationalize what has been a confusing, conflicted area of law.

Pulling An Inside Job

PJM loses luster in a squabble over market monitoring.

Bruce W. Radford

The bottom fell out in the hearing room at FERC on April 5 when witness Joseph Bowring let it slip that, yes, he might well prefer more independence from his employer in his role as chief of the market monitoring unit at the PJM Interconnection.

Mitigating "Mandated" Rate Hikes

How to develop balanced revenue-backed financing to manage the impacts of governmental mandates.

David Magnus Boonin

Severe upward pressure on electric rates after a decade of stability has regulators, legislators, utility executives, consumer advocates, and myriad other stakeholders searching for solutions. Revenue-backed financing can mitigate many of these mandate-driven rate increases significantly. These programs must, however, be designed to eliminate the inefficiencies and inequities that can be associated with revenue set-aside programs.

Winds of Change Freshen Resource Adequacy

Intermittent and interruptible resources increasingly are being considered in regional resource adequacy calculations—but the approaches differ.

Lawrence Risman and Joan Ward

While both NERC and the NERC regional councils (known today as the Electric Reliability Organization) have standards and guidelines for resource adequacy and system reliability, much of the specificity as to how interruptible (e.g., demand-side) and intermittent resources (e.g., wind) are included is left up to the individual ISO/RTOs, states, provinces, etc. In fact, the various regions across North America each seem to have their own methodology for incorporating these resources into their resource adequacy and reserve-margin calculations. As the North American energy industry escalates its desire to reduce greenhouse-gas emissions through the expanded use of demand-side resources and intermittent renewables, the importance of this topic also will escalate.

King Neptune

Consultant Ed Krapels makes waves with undersea transmission.

Bruce W. Radford

“Make no small plans,” the saying goes, and consultant Ed Krapels has taken that to heart. Krapels' vision: Bring significant quantities of renewable energy south from Maine and the Canadian Maritimes, and inject that capacity directly into the congested downtown local grids of America’s large East Coast cities. Who could find fault with that?

A New World of Risks

A new set of skills and expertise will be necessary to deal with the risks created by new government mandates, new market developments, and new energy technologies.

Richard Stavros

Experts say a new set of skills and expertise will be necessary to manage the risk created by new government mandates, new market developments, and new energy technologies.

Three-Dimensional Price Forecasting

Using the past, present, and future to optimize our understanding of today’s energy markets.
By Andy Dunn

Price forecasting is a significant business process within any energy merchant that trades electricity and natural gas. Business planning, trading, mergers and acquisitions (M&A), even rate-case activities rely upon some type of a price forecast as the foundation to analysis.

The problem with a single forecast is that it never is correct. As soon as the forecast is complete, the world changes and the information becomes dated and often even irrelevant.

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