Regulation & Policy

Going Off the Record

Lawyers say what they really think about changing policies.

Lawyers get a bad rap in this country, and in some cases it’s well earned. However, during the month of October I enjoyed the distinct privilege of interviewing nearly a dozen of the industry’s most insightful, informed and hard-working people—all of them law-firm lawyers serving energy companies, regulatory agencies and customer groups.

Boucher's Gambit

A “clean” bill on carbon tech won’t stay clean for long.

An interesting development in the climate change debate occurred this summer in the U.S. Congress. It wasn’t the Senate’s work on the Lieberman-Warner Climate Security Act; that was a complete palaver and an embarrassment for American democracy. No, it was a bill quietly introduced by Rep. Rick Boucher (D-Va.), chairman of the House Energy & Air Quality Subcommittee.

Regulators Forum: Restructuring Rollback

State-policy turmoil reshapes utility markets.

As many states move toward re-regulation, we speak to commissioners in Illinois, Missouri, Pennsylvania, Texas, and Virginia to learn how policies are evolving—and how far the regulatory shakeup will go

Creating the Perfect Regulator

Regulatory complexities call for supernatural skills

A regulator’s “goodness” is defined by four fundamental traits: Omniscience; Solomonic Wisdom; Clairvoyance; and Righteousness.

The Best Little Nodal Market in Texas

Sweating the details for 2009.

The Electric Reliability Council of Texas (ERCOT) introduced wholesale market competition in 1996, following the organizational change of ERCOT from a pure reliability council to an independent system operator (ISO) the same year. This makes ERCOT one of the earliest adopters of competitive electric markets. Stakeholders and regulators in ERCOT are trying to work out the details of implementing this market.

Global Regulation: Exporting 'America' to the World

Why U.S. public utility commission-style ratemaking has becomes a hit overseas.

What are some approaches to regulation adopted in recent decades by national governments, and the implications for management making international investment decisions?