Transmission

California's Power Gamble: Long-Term Contracts, Locked-In Risk

High profit potential will attract new power plants, forcing prices down and stranding the state's long-term electricity purchases.


 

High profit potential will attract new power plants, forcing prices down and stranding the state's long-term electricity purchases.

Let's consider three questions crucial to California's energy crisis and its plans for solution.

Byline: 
Michael Schmidt
Read Entire Article

Assuring Enough Generation: Whose Job and How to Do It

A California failed to fashion proper incentives. Now others may repeat that mistake.

1 "Load-serving entities" are firms that serve retail electricity customers. These firms include utilities and power marketers.

2 See L.D. Kirsch, "ISO Economics: How California Flubbed It on Transmission Pricing", Public Utilities Fortnightly, Oct. 15, 1998, p. 24.

3 See J.E. Bowring and R.E. Gramlich, "The Role of Capacity Obligations in a Restructured Pennsylvania-New Jersey-Maryland Electricity Market", Electricity Journal, November 2000, pp. 57-67.

Byline: 
Laurence D. Kirsch & Rajesh Rajaraman
Read Entire Article

News Analysis

With power markets now regional, the Pacific Northwest ponders responsibility for blackouts and outages.

 

News Analysis

 



 

Byline: 
Carl J. Levesque
Read Entire Article

News Digest

The California ISO offers a plan, but some fear that rules themselves are the problem.

 

News Digest


 

Transmission & ISOs

Policing the Markets

The California ISO offers a plan, but some fear that rules themselves are the problem.

Byline: 
Bruce W. Radford
Read Entire Article

News Digest

The California ISO offers a plan, but some fear that rules themselves are the problem.

 

News Digest


 

Byline: 
ISO Credit Requirements.
Read Entire Article