Returns for U.K. RECs have proven resilient, despite price cuts, efficiency targets, and the windfall profit tax.
Fortnightly Magazine - July 15 2001
A story of power, pools, and parallels with the U.S. experience.
Planners should focus on more than just meeting NERC reliability standards.
The Energy Industry Standards Board doesn't exist yet, but it's got regulators talking.
More than two years ago, I suggested in this column that regional independent system operators would likely supplant the regional reliability councils as the caretakers of electric system reliability. And that's still possible—if the ISOs move quickly to RTO status, and if the RTOs get cracking right away on adopting uniform business rules. But the FERC may get tired waiting for that to happen.
The world goeth fast from bad to worse.