Portfolio theory points to energy efficiency as invaluable in resource planning.
How recent events could prove a harbinger of winters to come.
Survival in the new market requires embracing new technologies and practices.
The state regulator’s perspective on gas infrastructure inspections and investments.
As aging pipelines bring safety concerns, regulators and utilities must cooperate to ensure investments deliver the greatest value for customers.
Portfolio planning in the age of gas.
PUCs are concerned that a rapid shutdown of coal-fired plants will start a full-tilt dash to gas—similar to the one that caused bankruptcies among independent power producers in the late 1990s and early 2000s. But this time around, ratepayers and not IPP investors will be stuck with the risk, if utilities rush to add all that new gas-fired capacity to rate base.
How suppliers and generators can each gain from today’s historic low prices.
Gas-fired generators and suppliers alike can each share risk and reward from historic low prices with contracts that blend market and fixed prices
Lacking regulatory oversight, financial hedges turn into risky speculation.
Incompetence and overreach at the EPA.
The EPA’s new method for measuring the amount of methane that escapes from natural gas wells is based on flawed data. Oklahoma’s attorney general says this misguided policy decision treads on state regulatory authority and stifles resource development.
Three CEOs, three business models, one shared outlook.
Cheap gas, regulatory uncertainties, and a technology revolution are re-making the U.S. utility industry. Top executives at three very different companies—CMS, NRG, and the Midwest ISO—share their outlook on the industry’s transformative changes.
Navigating the power and gas markets.
The power and gas markets look very different today from what we were anticipating three to four years ago. Gas has gone from seeming shortage to seeming abundance with recent spot prices falling to well under $3/mcf. Power prices and volatility are down significantly. Demand is soft and excess capacity exists in most of the country. While it might be easy to attribute the conditions in the power markets largely to the recession, the reality is that the fundamentals of the market are materially changing—creating opportunities while revealing new pitfalls.