Trading Spaces? Will CFTC Move Into FERC's House?
Will the CFTC move Into FERC's house?
As the law is written, PJM looks like a commodity futures exchange.
The Utility Sector: A Wall Street Takeover?
Financial players bring credit depth to energy markets, but will they play by the rules?
The center of gravity for energy marketing and trading is moving from Houston to Wall Street. Who’s in, who’s out, and who’s testing the waters?
What Is a Power Plant Worth?
The consequences of exuberance are all around us.
Investors put $50 billion into new generating capacity because they expected that electricity restructuring would lead to the formation of a small number of effective, regional transmission organizations, which would make the location of a generating facility less important in the future. Based on that assumption, developers placed many plants close to a source of fuel, not close to market. For many companies, that has turned out to be a fatal mistake.
Commission Watch: Grid Battle Is Joined
FERC's AEP ruling begs the question: Can the feds bypass states that block transmission reform?
A recent ruling puts the question squarely on the table: Can FERC overturn orders issued by the state public utility commissions that otherwise would stand in the way of its vision of regional transmission organizations with a standard market design?
Reliability and Markets: Two Sides of the Same Coin
Locational pricing makes the network secure, since the utilities and other market participants get 'paid' to monitor the grid.
LMP enhances reliability in a manner that no penalty regime can achieve.
Natural Gas and California’s Renewables Portfolio Standard
A successful initiative should reduce state dependence on volatile supplies.
California will save approximately $1 billion in annual natural gas expenditures by 2015 as a result of the RPS. Our modeling efforts indicate that market clearing power prices in California are likely to remain relatively unchanged when comparing the "No RPS" to the "Full RPS" case.
Letter to the Editor
The Kentucky PSC Chair takes issue with Richard Stavros' "AEP's Gutsy Gambit," Frontlines, November 2003.
People
People for January 2004.
Positions filled at Southern Co., Southwest Power Pool, Avista Corp., and others.
FERC Throws Down The Gauntlet
The legal battle of the century is ready to begin.
A FERC order late last year — that AEP must join the PJM grid to meet conditions of its 2000 merger with Central and Southwest Corp. — was tantamount to a declaration of war with state regulators. At the center of the issue is whether FERC has authority to pre-empt the states on development of regional transmission organizations.
Technology Corridor
Experts say utilities are pushing transmission systems to unsafe limits.
Technology Corridor
Experts say utilities are pushing transmission systems to unsafe limits.
When transmission-line rating assumptions do not match the physical realities of transmission networks, the consequences can be disastrous.