The benefits and future challenges of regional transmission organizations.
Ten years after the initial Notice of Proposed Rulemaking that set in motion the establishment of RTOs, it is hard to dispute that the mature organized markets with independent management of the grid have achieved tangible benefits for all customers. It is important to remind ourselves of the accomplishments and challenges ahead.
Many of the obstacles and strategic issues that utilities face today are all too familiar. This time they must be solved with a different business model.
Exelon Chairman, President, and CEO John W. Rowe, on the proposed merger that would create the largest utility in the United States.
Why a new market-power screen—accounting for the relationship between customers and suppliers in the wholesale marketplace—is a necessity.
Renewable Energy in the 21st Century:
Perspective
Renewable Energy in the 21st Century:
State involvement in promoting renewable technologies has profound implications for the future of the energy industry.
Election-year posturing seems to have prevented the federal government from reaching consensus on a number of energy issues ranging from standard market design to global warming, MBTE to Kyoto, ANWR to nuclear waste disposal.
States will play a significant role in the resurgence of nuclear power plants in America.
At times, various conditions align and set the stage for achieving goals that may have appeared to be unreachable. Last summer, the Boston Red Sox were all but eliminated from contention, but then won an amazing stretch of baseball games that resulted in a World Series championship.
A similar scenario can be applied to the U.S. nuclear industry-producer of a steady, low-cost, environmentally important electricity source poised to thrive with the possibility of new plant construction in the not-so-distant future.
Successful energy market development means understanding new subtleties and nuances.
And for a reasonable regulatory policy for new broadband technology.
Perspective
How the filed-rate policy wreaks havoc- and what courts can do about it.
Like many venerable legal rules, the filed-rate doctrine is rarely questioned. Over the last century, it has served many important purposes. However, with deregulated wholesale electric power markets at the federal level and various degrees of deregulation across the states, both the doctrine's continued applicability and usefulness are suspect.
Perspective
Hard-and-fast ring-fencing rules are not the best way to maintain order in the partially deregulated utility sector.
In 1992, my colleagues on the Michigan Public Service Commission (MPSC) and I initiated the first retail wheeling case in the country. Retail wheeling was the old name for competition, back when everyone thought that moving electrons from one place to another was a relatively simple task, one that could not in any way harbor underlying sinister acts or motives.