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FERC

In His Own Words

A face-to-face interview with FERC Chairman Pat Wood III.

In an exclusive interview, Executive Editor Richard Stavros, talks to FERC Chairman Pat Wood III about what the commission has in store for the electric utilities industry in 2004 and beyond.
Byline: 

Richard Stavros

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Letters to the Editor

Virginia SCC

The Virginia SCC clarifies factual inaccuracies in January 2004’s columns "Frontlines" and "Commission Watch: Grid Battle Is Joined."
Byline: 

William H. Chambliss

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Waiting to Exhale

Courts Deliberate on the Fate of Order 2000: The transmission industry may have to wait even longer for a final decision on challenges to Order 2000 if FERC gets its way.

Though the D.C. Circuit Court could very well add to the delay in resolving some thorny issues of Order 2000, it appears that the court has essentially given the challengers a partial victory, even before a decision is rendered.
Byline: 

Jennifer Alvey

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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.
Byline: 

Richard Stavros

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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.
Byline: 

Bruce W. Radford

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L.A. Loves a Loophole

There's no getting around it—price caps aren't for everyone.

A letter to Michael J. Manning at Fulbright & Jaworski, L.L.P. from FERC General Counsel Kevin P. Madden.
Byline: 

Kevin P. Madden

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How Commodity Markets Drive Gas Pipeline Values

Has rate regulation become obsolete for natural gas pipelines?

On Jan. 30, FERC will hold a public conference to review the financial health of the pipeline industry. It will ask whether its regulatory framework still works; whether pipelines can still attract new capital for investment. Does rate policy threaten the financial integrity of the pipeline industry? That very question may come before the Commission. Nevertheless, FERC need not look far for an answer. If the pipeline industry should lie at risk, the cause may go no farther than the Commission itself. In fact, FERC ratemaking policy for gas transportation service now appears to jeopardize the ability of pipelines to recover costs.
Byline: 

Mary Lashley Barcella

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FERC to Examine MAPP's Membership Rolls

The Federal Energy Regulatory Commission (FERC) has set for hearing a request by Koch Gateway Pipeline Co. (KGP) to charge market-based rates for firm and interruptible natural gas transportation services (Docket No. RP95-362-000). First, however, the FERC must conclude Docket No. RM95-6-000, which will delineate the circumstances under which it may approve market-based rates.

Byline: 
Lori A. Burkhart
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FERC OKs Resale Price Caps in Comparability Case

The Federal Energy Regulatory Commission (FERC) has conditionally approved an open-access transmission tariff that contains a price cap in the secondary market for Kansas City Power & Light Co. (KCPL), marking the second settlement of a comparability tariff filing (Docket Nos. ER94-1045-000 et al.).

Byline: 
Lori A. Burkhart
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