Become a PUF Member Organization

Retail Markets

Marginal Utility

Changing the Electric Utility Financial Paradigm

Global capital markets have accommodated the industry with low interest rates and high stock price multiples, but capital markets are fickle. Electrics will be capitalized more like other industrial companies, and less like regulated monopolies.
Byline: 

Leonard S. Hyman and William I. Tilles

Read Entire Article

Electricity Market Reform in Japan

Bumpy Road Ahead

This is the first in a series of three articles related to power market reform in Japan and its implications both for Japan and globally.
Byline: 

Glenn R. George, Hans-Martin Ihle, and Miura Wataru

Read Entire Article

PJM's Three-Way Proposal

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.”
Byline: 

Bruce W. Radford

Read Entire Article

From ISO to DSO

Imagining a new construct – an independent system operator for the distribution network.

A new utility industry construct – the Distribution System Operator (DSO) – could help maximize the benefits of distributed energy resources.
Byline: 

Farrokh Rahimi and Sasan Mokhtari

Read Entire Article

Toward a 21st Century Grid

Producing value with advanced distribution management systems.

Changing demands from regulators, customers, and shareholders are driving utilities toward better operational technologies to manage an increasingly complex grid. Advanced distribution management systems (ADMS) promise nearly real-time operational insight for maintaining reliability, safety, and security.
Byline: 

Nicholas Abi-Samra, et al.

Read Entire Article

Customer First

Is the current regulatory compact in anyone’s best interests?

Serving customers’ needs should be a top priority for power companies, irrespective of the regulatory construct and business model. Transformation doesn’t change this basic fact, but how do we break the model without breaking the system?
Byline: 

Charles Dickerson, Darren Brady, and Jamie Wimberly

Read Entire Article

Reinventing the Grid

How to find a future that works.

The traditional central-station grid is evolving toward a more distributed architecture, accommodating a variety of resources spread out across the network. An open and thoughtful planning approach will allow an orderly transition to an integrated system – while fostering innovation among a wider range of industry players.
Byline: 

Michael T. Burr

Read Entire Article

Don't Get Netflixed

The tide is turning. Are we planning for it – or hoping to stop it?

The central station system is the most cost-effective way to provide utility service, but that's beside the point. Customers don't care about 'utility service.'
Byline: 

Michael T. Burr, Editor-in-Chief

Read Entire Article