PJM would dictate grid expansion, even if not needed for reliability, and then push the cost of the upgrades on those who use them the most.
Bruce W. Radford
PJM would dictate grid expansion, even if not needed for reliability, and then push the cost of the upgrades on those who use them the most.
Chairman Pat Wood and his Federal Energy Regulatory Commission (FERC) may well have given up on attempts to impose a standard market design (SMD) on the electric utility industry, but that doesn't mean the nation's grid system operators won't try the same thing.
The collapse of wholesale markets has utilities once again making the purchasing decisions, and taking all the risks.
Michael T. Burr
The collapse of wholesale markets has utilities once again making the purchasing decisions, and taking all the risks.
If a common theme is emerging from the various policy directions across the country, it seems to be that responsibility for supply resources is moving away from open markets and back into the hands of load-serving utilities.
It's a law that only a mother could love.
Richard Stavros
It's a law that only a mother could love.
It's tough to write another word about repealing the Public Utility Holding Company Act (PUHCA), or the "35 Act," as it is also known, referring to its Depression-era origins. But like the Energizer bunny, this debate keeps on going and going.
It's almost 70 years later, and the issue has outlived several generations of utility executives, regulators, lawyers, bankers, academics, and a few magazine editors. Heck, it may outlive us all.
As Latin America swoons, the electricity sector holds on tight.
Fighting to Privatize
As Latin America swoons, the electricity sector holds on tight.
The International Monetary Fund's (IMF) World Economic Outlook September 2002 gives a fragile outlook in the short-term for Latin America. In 2002, regional output contracted by 2.5 percent in the first quarter (compared with the final quarter of 2001) and is expected to fall in 2002 as a whole, according to the IMF.
Who should have "green tag" ownership under power purchase agreements, the buyers or the sellers?
Paul N. Belval and Mary F. Rossetti
Who should have "green tag" ownership under power purchase agreements, the buyers or the sellers?
A legal controversy is brewing in the electric industry over who should reap the financial benefits of the green characteristics of power plants, under existing power purchase agreements (PPA).
Adopting a portfolio approach to credit risk is the answer.
Jim Rich and Curtis Tange
Adopting a portfolio approach to credit risk is the answer.
How times have changed from the "good old days" of credit risk management. No longer can credit managers hide behind the false comfort that they only approve transactions with companies that pay their bills.
William R. Mayben
, general manager and CEO of the Sacramento Municipal Utility District (SMUD) was elected chairwoman of the board of directors for the Large Public Power Council (LPPC). Schori is the first woman to serve as chair for the LPPC. She is a 23-year veteran of SMUD, and was named general manager and CEO in 1994. , president of the Nebraska Public Power District, was elected vice chairman. Both Schori and Mayben will serve two-year terms.
On the virtues and vices of ICAP, ACAP, FTRs, hubs, flowgates, DAMs, and gaming.
Bruce W. Radford
Special Report ... Special Report ... Special Report ... Special Report ... Special Report ... Special Report ... Special Report ...
FERC Docket No. EL01-38-000, filed Feb. 14, 2001
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