Law & Lawyers

Line Dividing Regulation and Management

Utility performance, investment versus dividends, rate of return incentives

Generally speaking, regulatory commissions and courts are not anxious to substitute their judgement for that of utility management. A recent example where state regulators found it prudent to gingerly cross the line can be seen in a recent case involving Indianapolis Power and Light Company.

Beware of Vertical Arrangements for Gas Procurement

Owning gas reserves benefits consumers?

Regulators should start with the premise that long-term contracting with an independent gas producer or middleman is preferable (e.g., with a marketer). Vertical arrangements pose a number of tough questions for state public utility regulators.

Expanding Deals, Shrinking Companies

After 20 years of consolidation, the industry looks distinctly different.

Today the focus has returned to building scale, as well as enhancing market access, financial stability, asset portfolio mix, and customer scale.

Who Are You Guys?

I asked ACS.

ACS, Advanced Control Systems, a high-tech company based in Atlanta, is a go-to, real-time energy management solution provider of the highest quality innovative products.

Remarkable Energy Careers: Jim Fama

We talked with Jim Fama, retiring and on his last day at EEI, about his remarkable career.

Jim Fama was the Edison Electric Institute’s vice president for energy delivery since 2002.

First Look at 2015 CO2 Emission Trends for the U.S.

Part 2 – Electric Power Sector

Shifts in the generation mix in recent years have had an enormous impact on carbon dioxide emissions. For 2015, the carbon intensity of total generation was more than 20 percent lower than in 2005, accounting for 476 million metric tons in reductions. The dramatic decline is our focus here in Part 2.

Order 745: A Time Bomb for Electricity Consumers

One of the worst orders FERC has ever produced

Order 745 overcompensates demand response, unduly discriminates against wholesale suppliers, sanctions and institutionally enforces the exercise of monopsony market power, and will ultimately raise electricity prices.

Energy People: Tony Clark

We talked with FERC Commissioner Tony Clark, who has said he will not seek a second term.

Commissioner Clark is serving his first term at FERC and formerly served as a member of the North Dakota Public Service Commission. He was interviewed by Pat McMurray, who has a long background in the energy business.