LDCs: That Giant Sucking Sound
The consequences of short-sighted rate making.
Gas utilities and state commissions must work together to help preserve rates of return, encourage conservation, and lower customers’ bills.
Commission
Breaking the Gridlock
A proposal to remove the bottlenecks on grid investment.
The lack of transmission investment transcends the usual culprits, pointing to a serious flaw in market structure.
Pipelines: Are Regulators in for the Long Haul?
An economic perspective on long-term contracting for gas pipeline service.
Natural-gas pipelines are among the biggest supporters of long-term contracting for services, as they try to make life easier for themselves. But the time has come to re-examine the pros and cons of such contracts.
Transcos Reborn
Recent attrition raises the question: Consolidation or death spiral?
Despite some setbacks, the transco business might be ready to turn the corner toward a new phase of growth. Will the remaining barriers roll away and allow the industry to grow beyond three companies?
Capacity Planning: The Good, the Bad, and the Ugly
Market-Power Tests: A review of FERC’s market-based rate (MBR) screens, from theory to application.
FERC’s market-power screens have been tested and found wanting in some areas. The author examines the screens’ strengths and weaknesses, then proposes future solutions.
EPA's Big Bet on Green Trading
Environmental Emissions: The cost to power markets of the Clean Air Interstate Rule depends on the ability to trade mercury.
The decision to limit mercury provides cover for utilities reluctant to spend on controlling NOx and SO2, while boosting other companies
The Ultimate CEOs
The CEO Power Forum: Not all utility CEOs are created equal...
We talk with Cinergy’s James E. Rogers, DTE Energy’s Anthony F. Earley Jr., Constellation Energy’s Mayo A. Shattuck III, Xcel Energy’s Wayne H. Brunetti, FPL Group Inc.’s Lewis Hay III, and TXU’s C. John Wilder.
Reliability Wars
Power System Planning: Who gets paid (and how much) for backing up the system?
“Confining transmission projects to FTR payments is like confining generators to energy-only payments,” says Ed Krapels, the electric industry consultant from Boston who helped dream up the initial idea of the Neptune project. These words speak volumes on what’s happening in today’s power industry, and on what the ISOs and RTOs are trying to achieve, not only for merchant-grid projects but for merchant generation and system reliability.
A National Gasification Strategy
Presenting a program to stimulate robust coal-gasification technology deployment at low federal cost.
Federal loan guarantees and other incentives can clear the hurdles to near-term deployment of gasification technologies.
People
Exelon appointed Tom Ridge and Dr. William C. Richardson to its board of directors. NiSource Inc. has restructured its leadership team. Hydro-Québec appointed André Caillé chairman of its board of directors and Thierry Vandal as president and CEO of the company. Pennsylvania Public Utility Commission (PUC) Chairman Wendell F. Holland recently was named president of the Mid-Atlantic Conference of Regulatory Utilities Commissioners. And others...