Catch A Wave!
The solution to California's crisis may have been lapping at the beach.
The California Energy Commission recently awarded a $120,000 grant to study the feasibility of using ocean swells as a potential source of renewable energy.
Fortnightly Magazine - April 15 2002
Utility Valuation: Shedding Light on the Black Box
Experts debate how energy companies should be valued in the wake of electric restructuring and Enron.
Credit downgrades, bankruptcy, and investor backlash against energy companies has exposed how inadequate the valuation of energy companies is. Experts debate just how to value the industry.
Locational Marginal Pricing
How PJM turns redispatch into market signals.
Figures 1 and 2 show an example of locational marginal pricing (LMP) presented by PJM at a FERC meeting held Jan. 22.
FERC's New Move: A Single Tariff
Finding that "market design flaws are visible in every regional electric market today," FERC released its working paper on standardized transmission service and wholesale electric design on March 15. The work in progress outlines key principles and policy decisions on standard market design (SMD) to guide FERC in developing a revised open access transmission tariff (OATT).
M&A 2002: The Need for Strategic Clarity
What type of merger strategy should energy companies pursue in light of new industry uncertainties?
Learn about the nature of mergers and acquisitions expected within the natural gas, power, and energy utility sector.