Law & Lawyers

How to Build a Fence (and When)

A formal methodology for developing ring-fencing arrangements and setting conditions.

How can decision makers determine the appropriate degree of ring-fencing for a utility holding company? The authors propose a systematic and objective method – recognizing business and financial risks specific to the regulated utility and its affiliates.

Hidden Predictability

Mining price signals in Ontario’s electricity market.

Hourly spot prices in Ontario power markets reveal no particular pattern – that is, unless you plot the price as a monthly average.

Cross-Border Bargaining

Interregional grid planning under FERC Order 1000.

Territorial fights emerge in the interregional transmission plans proposed for compliance with FERC Order 1000.

Transactions (November 2013)

Carlyle Group acquires Red Oak plant from Energy Capital Partners; Tenaska acquires U.S. Power Generating Co.; Southern California Edison floats $1.6 billion in bonds in three tranches; Energy Trading Partners issues $1.5 billion in bonds; plus debt issues by ONEOK, Spectra Energy, TVA, MidAmerican, PECO, and Duke, totaling $9.2 billion.

Tweet, Like, and Follow

Utilities get serious about social media.

Social networks offer substantial communications value, and utilities can no longer ignore them. A successful strategy, however, requires careful management.

Anomaly or New Normal?

Regulators weigh interest rate climate and future Fed policy in setting allowed return on equity.

(November 2013) Consumer advocates argue for lower allowed utility returns, to reflect lower financing costs. Our rate case survey shows mixed regulatory responses.

Game Changers

State regulators address transformative forces.

In Fortnightly’s Regulators’ Roundtable, commissioners from Idaho, Illinois, and Minnesota consider transformative forces and the regulatory response.

Utility 2.0 and the Dynamic Microgrid

Superstorm disruption calls for a new utility architecture.

When microgrids are optimized in a smart grid, they’ll usher in a new era of utility resilience and flexibility. Get ready for dynamic microgrids.

DSM: Don’t Stop Maximizing

Useful analytics to improve program performance.

Turning interval meter data into analytics to improve program performance for demand-side management.

Nuclear Policy Half-Life

Interim steps toward solving America’s spent-fuel dilemma.

New legislation could clear the path toward a sustainable strategy for storing spent nuclear fuel. Complexities and disagreements, however, might scuttle the effort.