Off Peak
From Malibu to Beverly Hills, they all want a personal generator.<b> </b>
Off Peak
June 15, 2001
Forget Black Gold or Texas Tea ...
CES
News Digest
Dynegy says California ISO grants sweetheart deals to out-of-state plants.
News Digest
Dynegy's David Francis, vice president for western power trading, testified on Dec. 21 on why he thought the ISO was bending the rules:
News Digest
News Digest
PUC Oversight: Panacea or New Problem?
News Digest
News Digest
Transmission & ISOs
News Digest
Frontlines
Those new merchant gen plants must wait in line to get on the grid, and they don't like it.
News Digest
<b>State PUCs</b>
News Digest
News Analysis
Utility restructuring seems to prompt more lawsuits by customers.
In Chicago, Commonwealth Edison Co. settles a class action lawsuit for a heat-wave outage, paying $2.5 million for items including "food spoilage," to customers served by certain city substations. In California, Pacific Gas & Electric Co. spends $8.3 million to resolve 98 percent of some 6,600 outage-related claims.
Rethinking Asset Values in a Competitive Environment
Power plants can bid on more than one product. That's why most spark-spread studies miss the mark.
Forward energy prices can make it look easy to place a value on a power plant. Yet something is missing. Plants can sell more than one product. One price may be up while another is down. As Einstein said, a theory should be as simple as possible, but no simpler.
That is why it is worth reexamining the methods commonly used to calculate forward price curves and estimate the expected revenues and profits of generating assets.