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Très Riches Heures
How to price energy during a stage 3 alert?
You know the painting. Les Très Riches Heures du Duc de Berry. You probably saw it first in Janson's "History of Art", in a college survey course.
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(1) the regulatory rate freeze imposed under the state's restructuring scheme,
(2) the state-imposed duty to serve that forced Edison to supply electricity to retail customers regardless of price, and
(3) the Jan. 4 order by the state public utility commission that Edison said barred it from obtaining funds to meet its payment obligations to the PX.
Transmission on Trial?
Not hardly. The Court will review open access, but the ratepayer is the real defendant.
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Transmission on Trial?
Entergy's Grid Grab
Will tomorrow's transmission be privately funded, with the first-class seats reserved for investors?
The six o'clock news has locked its radar on California's power market meltdown, and rightly so. But that's no reason to overlook the nation's heartland, where a utility coming late to the game has set the pot boiling.
Jules Verne's Grid?
With undersea cable linking Canada to Manhattan, Project Neptune could remake the transmission biz.
With undersea cable linking Canada to Manhattan, Project Neptune could remake the transmission biz.
Compassionate Competition?
With its own private power grid, Texas thinks it's got restructuring licked.
With its own private power grid, Texas thinks it's got restructuring licked.
Let's Get Physical
To manage congestion on the power grid, most traders would rather book a firm path than risk a loss on a financial hedge.
Key to the Citygate
Have gas prices fallen victim to speculation?
On Thursday, Dec. 8, as natural gas hit $40 at the citygate for Southern California (prices hit $60 that Friday), I found myself in Colonial Williamsburg, a guest of Michigan State University's Institute of Public Utilities, at the group's annual conference, watching a panel of industry experts try in vain to explain what was happening.
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$$$/MWH???