Polar vortex

Pay-As-Bid Revisited

Many see a higher cap as a windfall for nuclear and coal.

FERC’s new rulemaking proposal would allow generators to tender supply bids higher than $1,000 per megawatt-hour, if it really costs that much to buy fuel to generate power. Some opponents say that may be OK for gas-fired turbines, but it’s not needed for nuclear or coal-fired plants.

Topping the $1k Cap

Still Beyond the Pale?

Two decades into our grand experiment with wholesale power markets and we’re still debating the need for a cap on prices.

The Future of Retail Electricity Competition in Pennsylvania

Almost all large customers shop, but a majority of small customers remain on utility default service, which is regulated and relatively stable.

Given the polar vortex and data suggesting shopping customers pay more than those on regulated default service, the primary focus should be on consumer protection.

Nuclear Life Extension

Deciding whether to go forward with a second license renewal.

A majority of nuclear power plant operators already have received operating license renewals – to operate their plants for 20 years beyond the 40 years outlined in their initial operating licenses. As utilities decide whether or not to invest in license renewal, they must consider three key questions.

Waiting for the Next Polar Vortex

How recent events could prove a harbinger of winters to come.

The winter of 2013-14 offered up a perfect storm of natural gas price spikes and threats to electric reliability. Expect more of the same.