Will tomorrow's transmission be privately funded, with the first-class seats reserved for investors?
The six o'clock news has locked its radar on California's power market meltdown, and rightly so. But that's no reason to overlook the nation's heartland, where a utility coming late to the game has set the pot boiling.
Dynegy says California ISO grants sweetheart deals to out-of-state plants.
Bruce W. Radford
Dynegy's David Francis, vice president for western power trading, testified on Dec. 21 on why he thought the ISO was bending the rules:
Citizens' Utility Ratepayer Bd. v. Kansas Corp. Comm'n, Nos. 85,750 et al., Dec. 15, 2000 (Kan.App.)
Sending Price Signals, Without Illegal Tying
For deregulation to work, consumers must see the real price-- including all utility costs.
Roger Colton, Karen Brown, and Jeff Ackermann
How Colorado's settlement in the Xcel merger builds a case for treating needy ratepayers as a separate class entitled to merger benefits.
Deregulation Abroad: Still Reaching Its Potential
Wait for the "second wave," when new products help suppliers escape the trench warfare of pricing.
Bruce W. Radford
How 165 lawyers were mostly on the wrong side in the biggest electric merger to date.
With Warren Buffet buying up MidAmerican Energy as his own personal utility, and Bill Gates taking a stake in Avista, the standard electric merger starts to look tame.
For that and other reasons, I believe it's all but certain that the Federal Energy Regulatory Commission will soon OK the electric industry's biggest-ever merger, combining American Electric Power Co. with Central and South West Corp.
Shimon Awerbuch, Ph.D.
How to justify green power without apologizing for the price.
Policymakers have shown considerable interest in the concept of a renewable portfolio standard (RPS), and how it might affect the cost of energy.
The RPS would require electricity providers to include a small amount of renewables-based power - typically less than 3 percent or 4 percent - in their resource mix.
Phillip S. Cross
But the lower returns on equity don't necessarily result from gen selloffs or moves toward stand-alone distribution.
A survey of utility rate decisions affecting authorized rates of return on common equity (ROE), as issued by state public utility commissions (PUCs) during the period Sept. 30, 1998 to Sept. 30, 1999, indicates a small but discernible trend toward lower returns.
Gas Capacity Rights. The New York PSC told retail suppliers that to serve firm retail gas load they must have rights to firm, non-recallable, primary delivery point pipeline capacity for the five winter months, November through March, or else must augment secondary capacity with a standby charge payable to local distribution companies holding primary rights.