Fortnightly Magazine - April 2008

Storage Surge

New gas projects help globalize the U.S. market.

Underground storage allows gas users and traders to hedge against price volatility. Building more capacity will help North America fully integrate into global gas markets.

Facing Compliance Risks

Enforcement trends call for a proactive approach to complying with market rules.

Federal regulators have penalized wholesale energy market participants with fines ranging from $300 thousand to $300 million over the past two years. The magnitude of the penalties, along with uncertainty over how to effectively mitigate the risk of any civil action by regulators, has raised concern about how companies are approaching their regulatory obligations.

Selling the Smart Grid

Special report on public support for smart metering and demand response.

Smart metering is entering the public consciousness. But gaining support from consumers is tricky business, as evidenced by the recent backlash in California. Customers will accept dynamic pricing and demand-response capabilities only if regulators and utilities take a soft-sell approach.

Selling the Smart Grid - The Backlash

California learns painful lessons from its proposal to mandate demand response.

When the California Energy Commission (CEC) proposed to include programmable communicating thermostats in the state’s new building codes, it expected some push-back from home builders. It didn’t expect what it got: a major public outcry.

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