Part 3 in a Series on Electric Power in Japan
Glenn George and Hans-Martin Ihle
The pace of learning must accelerate so that players in the new Japanese electric power market are prepared to succeed. For retail entrants, the key will be to diversify, in both the retail and wholesale portions of their business.
Someone Else’s Problem Field
Thirty to forty percent renewable targets are inadequate to halt our steady descent into climate change and ocean acidification. It will require renewable levels of 80 to 90 percent, and international cooperation.
Why trying to fix mandatory capacity markets is like trying to win a game of Whack-A-Mole (Parts I & II)
Delia D. Patterson and Harvey L. Reiter
FERC has little to show for more than a decade of tinkering with mandatory capacity markets.
Trying to fix mandatory capacity markets like trying to win at Whack-A-Mole, Part II
Delia Patterson and Harvey Reiter
The proposals do not mandate participation in mandatory auction markets, much less try to set artificial floors on seller bids.
A re-defined capacity product, revised parameters for generator performance, and a new role for demand response.
The proposal creates a new capacity product called the “Capacity Performance Resource.”
PJM would minimize risk, but so did regulation.
Changes envisioned by PJM call for ever more structured markets, further reducing the scope of the competitive landscape from which RTOs arose. They may produce a system that is actually more costly and less innovative than regulation.
Seeking a rate design that recovers costs fairly from customers with rooftop solar.
Mark Lively and Lorraine Cifuentes
Load research data shows how utilities can levy a demand charge to recover costs fairly from residential customers with rooftop solar.
Imagining a new construct – an independent system operator for the distribution network.
Farrokh Rahimi and Sasan Mokhtari
A new utility industry construct – the Distribution System Operator (DSO) – could help maximize the benefits of distributed energy resources.
How recent events could prove a harbinger of winters to come.
The winter of 2013-14 offered up a perfect storm of natural gas price spikes and threats to electric reliability. Expect more of the same.
Eight key ‘plays’ to alter how work is managed and performed.
Greg Bolino and Jack Azagury
Adopting digital capabilities to transform operations and processes holds immense promise for utilities. Indeed, it’s the best path to growth.