Merchants' trading volumes and revenue are still too inflated.
Frontlines & Op-Ed
EPSA exec rebukes McCullough's claims.
FERC finds the states have teeth, too.
Most pan FERC NOPR, but gas association eyes FERC role.
A response to Bruce Radford’s “100-to-1 Odds, Why merchant transmission still looks iffy,” in the March 1, 2002 issue.
The smart money now treats transmission as a player. Just like generation. Just like load.
Debt + secret triggers = another Enron.
Electric pricing issues are hard to overcome.
A response to "Frontlines," Feb. 1, 2002.