Energy Policy & Legislation

When Super Heroes Clash

When Policy and Practice Don't Match

In Batman V. Superman: Dawn of Justice, the heroes align to achieve greater things for humanity than either could do alone. A similar story plays out in real life, starring legislators and regulators.

Nuclear Closures

Where is the Public Interest?

Debates rage in state houses across the country about subsidizing the weakening nuclear power industry. Not for new nuclear plants, but rather subsidies to prevent the early retirement of existing nuclear power stations.

Just Two FERC Commissioners

We sat down with chair Cheryl LaFleur and commissioner Colette Honorable as their extraordinary time as the only members of the FERC continues.

Since early February 2017, FERC has faced an unprecedented freeze of certain major agenda items when one of its three remaining commissioners resigned, leaving just two. The agency usually has five commissioners, and typically needs a quorum of at least three to approve certain projects. FERC has never been in a situation in which it had just two commissioners until this year.

Zero Emissions Credits

State Priorities vs. Regional Differences

Recently adopted state programs to foster existing nuclear generation are being challenged in the courts for potentially infringing on FERC’s wholesale market jurisdiction. 2017 could prove to be the year when state policy priorities began to elbow aside voluntary regional market constructs.

Whale Tale

Transitions are Complex Affairs

It’s tempting to idealize how market forces shape the outcome of energy transitions. The truth is that many factors affect what happens and how fast. Notably, government policies play a greater role in shaping energy than most care to admit.

Is Good Utility Regulation in Jeopardy?

Balance and Adaptability are Critical

The three mortal sins of utility regulation are ideology, ignorance and inertia (the three I's). Acting on political beliefs, inadequate information, and past conditions that no longer exist is a recipe for poor regulation.

'Markets' Test

We Called Them 'Markets.' Now We're Testing Them.

We're enamored of free markets, particularly in the nineties. But power markets cannot come close to emulating authentic competition. Why? They cannot satisfy the basic conditions of competition taught in microeconomics 101.