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Law & Lawyers

MISO-PJM Super Region: FERC Makes Companies Pay for RTO Choices

Irregular seams affect ratemaking policies.

In a case that marks the first time FERC eliminated inter-RTO rate pancaking, the commission in late July issued an order terminating regional through-and-out rates (RTORs) charged by two regional transmission owners. The decision removes an estimated $250 million in yearly fees collected by those two entities. But the lost revenue has parties to the proceeding squabbling over many aspects of the case.
Byline: 

Lori A. Burkhart

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Combined-Cycle Profitability as a Market Barometer

A hypothetical look at moneymakers across regions.

Given the high degree of ongoing electric market uncertainty, it can be challenging to get a reading on the current and future health of power markets. One way to gauge the health of the generation segment of the electric sector is to simulate the financial performance of a new gas-fired, combined-cycle unit. To perform this analysis, we start with the cost and performance characteristics of a new combined-cycle unit.
Byline: 

Brandon Owens

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Of Blackouts and Belief

Hopes and dreams sag and fail, like an overheated power line.

New policies never come without risk. But energy policy always seems at risk of becoming entranced with the prospects of a single controlling idea.
Byline: 

Richard D. Cudahy

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Letters to the Editor

Two letters, one correction

Jonathan Jacobs, Managing Consultant at PA Consulting Group, responds to a letter to the editor in the Oct. 1, 2003 issue from Lewis Evans and Kevin Counsell. And former FERC commissioner Matthew Holden Jr. disagrees with John Sillin's commentary in "The Blackout of 2003: Why We Fell Into the Heart of Darkness" in the Sept. 15, 2003 issue.
Byline: 

PUF

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People

People for November 1, 2003

New opportunities at the Nuclear Energy Institute, the Analysis Group, Southwest Gas Corp., and others.
Byline: 

PUF

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AEP's Gutsy Gambit

It would join an RTO but dictate the terms — a dangerous game that has the industry talking.

When I talked a few months ago with AEP President and CEO Linn Draper Jr., he discussed how his company would have joined the PJM RTO in March were it not for the backlash he was getting from certain state regulators.
Byline: 

Richard Stavros

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The Near-Term Fix

How to mitigate transmission risk before the next big blackout.

New legislation and bigger power lines won’t solve the immediate problem for the grid: the threat of failure. Energy providers must begin thinking of reliability in terms of days rather than years, and they must roll out programs and enhance technology now to protect assets, as well as customers.
Byline: 

Ralph G. Loretta & James E. Anderson

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The Myth of the Transmission Deficit

The grid does not need a Marshall Plan for new investment.

Do we really need to invest $50 billion to $100 billion in the U.S. transmission system? The industry says yes, but the evidence says otherwise.
Byline: 

Steve Huntoon & Alexandra Metzner

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Energy Tech's Quantum Leap

Tomorrow's utility technology may be revolutionized at the molecular level.

Carbon could revolutionize the electricity industry, thanks to developments in nanotechnology. The Fortnightly looks at how the technology will expand industry possibilities through cables, photovoltaics, and fuel cells.
Byline: 

Jennifer Alvey & Michael T. Burr

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Prevention Prescriptions

Reliability demands will drive automation investments.

In the days and weeks following Aug. 14, 2003, politicians scrambled to assess blame for the blackouts that plagued the United States and Canada. Even today, as the blame game pro­ceeds, the precise cause of the grid’s collapse remains uncertain. But Republicans, Democrats, and the utility industry alike seem to agree on one thing: the U.S. power grid needs major investment.
Byline: 

Michael T. Burr

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