Law & Lawyers

EPA's Big Bet on Green Trading

Environmental Emissions: The cost to power markets of the Clean Air Interstate Rule depends on the ability to trade mercury.

The decision to limit mercury provides cover for utilities reluctant to spend on controlling NOx and SO2, while boosting other companies

Financing Clean Coal

No single type of financial incentive closes the cost gap between clean coal and modern conventional coal technologies.

How can the cost gap between IGCC plants and pulverized coal plants be closed?

A National Gasification Strategy

Presenting a program to stimulate robust coal-gasification technology deployment at low federal cost.

Federal loan guarantees and other incentives can clear the hurdles to near-term deployment of gasification technologies.

The Ultimate CEOs

The CEO Power Forum: Not all utility CEOs are created equal...

We talk with Cinergy’s James E. Rogers, DTE Energy’s Anthony F. Earley Jr., Constellation Energy’s Mayo A. Shattuck III, Xcel Energy’s Wayne H. Brunetti, FPL Group Inc.’s Lewis Hay III, and TXU’s C. John Wilder.

Reliability Wars

Power System Planning: Who gets paid (and how much) for backing up the system?

“Confining transmission projects to FTR payments is like confining generators to energy-only payments,” says Ed Krapels, the electric industry consultant from Boston who helped dream up the initial idea of the Neptune project. These words speak volumes on what’s happening in today’s power industry, and on what the ISOs and RTOs are trying to achieve, not only for merchant-grid projects but for merchant generation and system reliability.

Mercury: Much Ado About Nothing?

How the Clean Air Mercury Rule will affect coal prices.

The Clean Air Mercury Rule impacts new and existing coal-fired electric generating plants through a market-based cap-and-trade program similar to the EPA’s highly successful Acid Rain Program. The first phase of the program in 2010 reduces mercury emissions to 38 tons. The second phase goes into action in 2018 with a final mercury emissions cap of 15 tons. The key question is: what extent will the new rule reduce coal’s dominance in the electric generation market?

People

Exelon appointed Tom Ridge and Dr. William C. Richardson to its board of directors. NiSource Inc. has restructured its leadership team. Hydro-Québec appointed André Caillé chairman of its board of directors and Thierry Vandal as president and CEO of the company. Pennsylvania Public Utility Commission (PUC) Chairman Wendell F. Holland recently was named president of the Mid-Atlantic Conference of Regulatory Utilities Commissioners. And others...

Upstate Uproar

Retail Choice: New York utilities cry “bait and switch,” but it’s not that simple.

If you take electric service from Orange & Rockland Utilities, the Catskills affiliate of Manhattan’s Con Ed, you can switch to a competitive retail supplier and score a 7 percent discount. But the discount lasts for two months. After that, if you haven’t signed a contract or taken some other action to lock in your discount, your ESCO can boost the commodity rate back to the old level—or even higher.