Regulators' Forum: Can FERC and States Unite?
"Work with us. We've got three out of four on the FERC who are former state commissioners."
Law & Lawyers
Perspective
When we build transmission and spread the costs, we lose the market signal of the real cost of power.
Frontlines
Energy companies' best-laid plans in 2001 were put on hold, after circumstance and fate stepped in.
Frontlines
The Year of Living Dangerously
The High-Stakes Storage Gamble
AGA decision to shut in storage survey rattles energy markets.
Return on Equity: How Regulators Doled Out The Dollars
Results of the annual Survey of Energy Utility Rate Proceedings.
(December, 2001) The results of our annual survey of authorized rates of return on common equity for state-regulated energy utilities show a continued reliance on traditional cost-of-service ratemaking in many states. At the same time the results also show that rate case filings do not dominate the field of economic regulation the way they might have in times of higher rates of inflation and prior to the advent of price cap regulation and market restructuring programs.
The Rules of the Grid: Transmission Policy and Motives Gehind It
Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.
Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.
Dynegy's senior vice president Peter Esposito didn't think much about the celebrated mediation talks on forming a single, unified transmission grid for the Northeast U.S.
Off Peak
Dynegy is hungry for your attention.<b> </b>
Off Peak
December 2001
Please Pass the Potatoes
Dynegy is hungry for your attention.
Dynegy's Chuck Watson never had much of an appetite for seeing his company's name in lights.
People (Jan 1, 2002)
El Paso Corp. announced that Britton White Jr. has retired as executive vice president and general counsel. He was appointed to this position after El Paso acquired Tenneco Energy in 1996. Peggy A. Heeg has been named as his replacement. Heeg previously served as senior vice president and deputy general counsel. She joined Tenneco Energy in 1990 and became vice president and associate general counsel for regulated pipelines for El Paso after the merger. El Paso also announced the retirement of David A. Arledge from its board of directors.
A Wrinkle in Time
Enron makes an exit; FERC cost-based rates return.
You have two cows. You sell three of them to your publicly listed company using letters of credit opened by your brother-in-law at the bank. Then, you execute a debt-equity swap with an associated general offer, so you get all four cows back, with a tax-exemption for the fifth cow, of course.