Mistake by the Lake
The blackout could doom deregulation, but why treat reliability and reform as either-or?
The blackout could doom deregulation, but why treat reliability and reform as either-or?
The commission tacks a new name onto a familiar concept.
By now it is old news that the Federal Energy Regulatory Commission (FERC) on April 28 back-pedaled on standard market design (SMD), even renaming it the "wholesale power market platform." But SMD is far from dead, as some had wished. Instead, it is merely toned down, bowing to political furor and regional differences.
PUC could oust PG&E from the project, finding no need for an upgrade.
Nearly a year after the Federal Energy Regulatory Commission (FERC) gave its blessing for upgrading California's notorious "Path 15" transmission bottleneck, an administrative law judge (ALJ) at the California Public Utilities Commission (PUC) has thrown a monkeywrench into the plan.
Rising gas prices spark a rush to wind farms, straining grid capacity and raising larger issues about market design.
When the Public Utility Commission of Texas (PUCT) was drafting rules to encourage the use of renewable energy, it took pains to guard against the chance that power producers would fail to reach the state's target of 400 megawatts (MW) in installed new renewable generation capacity by Jan. 1, 2002. The commission needn't have worried.
Why power plants should pay for grid upgrades.
Do we make all generators equal-using affirmative action to give rights to merchants that are "comparable" to utility-owned plants?
Or, do we let the locational price signals shine through-trusting all plant developers, whether regulated or not, to act in self-interest?
Some thoughts on who should take the lead and how to set up financial incentives.
One of the most interesting questions that arises from federal restructuring of the electric grid, with regional transmission organizations (RTOs) and a standard market design (SMD), concerns the risk of building transmission in an RTO environment.
And where the trouble spots lie in FERC's grid plan.
The mood appeared calm on June 26 in Washington, D.C., at the regular bi-weekly meeting of the U.S. Federal Energy Regulatory Commission (FERC). Key officials from various regional transmission organizations (RTOs) had gathered before chairman Pat Wood and the other commissioners to brief them on progress over the past year in reforming wholesale electric markets, and on what the FERC might expect in the summer at hand.
On the virtues and vices of ICAP, ACAP, FTRs, hubs, flowgates, DAMs, and gaming.
FERC's plan to expand into energy market-monitoring faces many challenges.
Industry experts debate whether so-called “price mitigation measures” miraculously solved the California crisis.