Law & Lawyers

Manual Meter Reading: Twenty-First Century Tools

Segways and rugged laptops afford new levels of convenience—and protection—for mobile workers.

Advanced metering may be the future of meter reading, but as utilities grapple with implementation costs and technical issues, it’s in their best interest to maximize meter reading done the old-fashioned way: on two feet.

A Candy-Coated Grid

Incentives for transmission investment could boost postage-stamp pricing over license-plate rates.

FERC proposed a new set of regulations, under the new section 219 of the Federal Power Act, explaining in broad outline how it might approve generous financial incentives for new investments in transmission—incentives once dubbed as “candy.” As of mid-January, the new NOPR had spawned more industry comment than just about any other FERC proposal in recent memory.

Market Resurgence

Banks are reshaping the energy-trading landscape. When the dust settles, utility companies will face different strategic horizons.

Utility executives face volatile energy markets, skyrocketing fuel prices, and changing federal energy policies. How are utilities benefiting from the turnaround in energy trading?

LNG's Final Hurdle

Interchangeability issues threaten to delay vitally needed LNG projects.

Gas composition issues have become a significant hurdle for the industry. Resolving these challenges will not be easy, requiring all stakeholders to apply a thoughtful approach to understanding the issues.

Wall Street's Egalitarian View

Investors are making little distinction between regulated or unregulated business strategies. One banker suggests it will be difficult to stand out.

It seems history does repeat itself all too often. In the late1990s, a common complaint by utility CEOs was that utility price-to-earnings (P/E) multiples did not take into account whether a com- pany was a pure-play regulated utility, a diversified utility with a merchant subsidiary, or something else. Many say investors at the time just didn’t understand the different business models that were emerging after electric restructuring.

FERC's Tough New Rules: Survival Skills for A New Era

The nation’s first energy “top cop” and his colleague discuss important compliance implications of EPACT 2005.

In its March 2005 report to the House Energy and Commerce Committee, the Federal Energy Regulatory Commission (FERC) repeated its request for enhanced civil penalty authority. When Congress passed the Energy Policy Act of 2005 (EPACT), it granted FERC all the authority that it had requested, and more. The new director of FERC’s Office of Market Oversight and Investigations (OMOI) called the new penalty authority “awesome.”1

Smackdown! Round Three - The Bankruptcy Court vs. FERC

The jurisdictional battle over authorizing rejection of wholesale power contracts continues.

The high stakes turf battle over whether FERC or the federal bankruptcy courts have jurisdiction over rejecting wholesale power contracts is now in its third round. Round one was fought in 2003 in the NRG bankruptcy case and ended in a settlement among the parties. Round two followed with the Mirant Chapter 11 case. Now punches and counterpunches are flying in round three: the Calpine bankruptcy.

East Vs. West: Growing the Grid

The models and motives behind tomorrow’s transmission expansion.

Major transmission projects based on two distinct models are showing signs of life. What can these projects teach us about future transmission investment?

The Key to California's Coal Future

Don’t overlook high-quality, project-based emissions reductions.

By Mike Burnett and Bjorn Fischer

Mike Burnett is executive director of the Climate Trust. Bjorn Fischer is business development manager at the Climate Trust. Contact Fischer at bfischer@climatetrust.org. The Climate Trust is a non-profit committed to providing high quality, project-based reductions and advancing the policies that support them. Its offices are located in Portland, Ore.

Special Section On Metering: Needed in New England: Stronger Market Connections, Savvier Electricity Usage

The region’s retail and wholesale electricity markets should be linked via dynamic pricing.

The time has come to start the transition from the current economic demand-response programs to demand response that arises naturally through market-based retail pricing.

Over the past few decades, utility sponsored conservation and load-management programs have helped thousands of customers better manage their energy costs. While these programs have helped lower overall electricity use, they generally have not provided an economic incentive for customers to reduce their consumption at specific times in response to wholesale electricity prices.