LNG Makes a Comeback
After two dormant decades, the gas that travels in liquid form draws renewed interest, spurred by demand, shortage, and technology.
Assuring Enough Generation: Whose Job and How to Do It
A California failed to fashion proper incentives. Now others may repeat that mistake.
1 "Load-serving entities" are firms that serve retail electricity customers. These firms include utilities and power marketers.
2 See L.D. Kirsch, "ISO Economics: How California Flubbed It on Transmission Pricing", Public Utilities Fortnightly, Oct. 15, 1998, p. 24.
3 See J.E. Bowring and R.E. Gramlich, "The Role of Capacity Obligations in a Restructured Pennsylvania-New Jersey-Maryland Electricity Market", Electricity Journal, November 2000, pp. 57-67.
Frontlines
How to price energy during a stage 3 alert?
Frontlines
Très Riches Heures
How to price energy during a stage 3 alert?
You know the painting. Les Très Riches Heures du Duc de Berry. You probably saw it first in Janson's "History of Art", in a college survey course.
People
Benchmarks
Benchmarks
News Digest
News Digest
Perspective
I wanted deregulation. But not if we can't do it right.
I wanted deregulation. But not if we can't do it right.
As an economist, I confess I failed to predict the disaster in California. But I wasn't the only one. Anybody who tells you differently is either lying, fooling himself, or guilty of Monday morning quarterbacking.
News Analysis
Last Three states slow down the rush toward electricity competition.
The Gas-fired Future: Boom or Bust?
Last year brought prices not seen for decades. So consumers will buy less gas, just as before, and send the forecasts out the window.
1 For examples of the degree to which buildings have conservation features such as multiple glazing and exterior or interior shading and awnings the reader is referred to "A Look at Commercial Buildings in 1995: Characteristics, Energy Consumption and Energy Expenditures," DOE/EIA - 0625 (95), October 1998. For information on conservation practice in the residential sector see "A Look at Residential Energy Consumption in 1997," DOE/EIA - 0632 (97), November 1999.
Decommissioning Funds: Snagged on Tax Law?
How outdated rules could deny tax deductions to nuclear plant owners.
1 1999 TNT 204-24 PECO Energy's Testimony at Finance Hearing on Tax Issues of Electric Power Industry. (Hereinafter, "PECO Energy Testimony.")
2 Treas. Reg. 1.468A (c)(2). For a more detailed explanation, see Nuclear Energy Institute Policy Briefs, "Why Tax Treatment of Decommissioning Trust Funds Must Be Updated to Reflect New Business Conditions," http://www.nei.org/doc.asp?catnum=3&catid=221.