Energy Policy & Legislation

Energy Trading & Marketing: The Evolution of the Deal

Energy traders and risk managers reengineered their business dealings to manage against unexpected political and financial risks posed by California and Enron in 2001.

The rules of energy market survival changed forever in 2001. California and Enron were both humbled by gyrating prices and blackouts in the Golden State, and financial misadventure dethroned the once-crowned king of energy trading. These twin events sent shockwaves through the very foundation of the energy trading and risk management establishment.

Bullish for Business

Forced consolidation of RTOs would set transmission owners free to go after profits.

Forced consolidation of RTOs would set transmission owners free to go after profits.

Forget Black Gold or Texas Tea …

From Malibu to Beverly Hills, they all want a personal generator.

While it may not be the end-all, fix-all solution for the California energy crunch, many individuals have found that the use of personal generators is definitely worthwhile, particularly when it comes to keeping cool.

Coalition Demands Congressional Action

The Federal Energy Regulatory Commission (FERC) plans to investigate the membership requirements set by the Mid-Continent Area Power Pool (MAPP), especially as they pertain to power marketers (Docket Nos. ER94-1529-001 and 002, and EL95-77-000).

The FERC found last December that certain MAPP membership criteria are framed in terms of traditional utility attributes (em e.g., ownership of generation and transmission facilities, interconnected operation, system load and related reserve obligations (em that entities such as power marketers do not possess.