Understanding power company volatility in the context of valuation theory.
Fortnightly Magazine - April 15 2002
An analysis of the latest wave of unbundling, re-bundling, and convergence plays in the gas-power industries.
On the virtues and vices of ICAP, ACAP, FTRs, hubs, flowgates, DAMs, and gaming.
How building capabilities for repeated M&A can increase shareholder value.
The smart money now treats transmission as a player. Just like generation. Just like load.
A response to Bruce Radford’s “100-to-1 Odds, Why merchant transmission still looks iffy,” in the March 1, 2002 issue.
While responsive to the operational requirements of the particular systems, several new pipeline services enable generators to react more promptly to spiking electric demand.