Tranche Warfare
The experts do battle over capacity market design.
A FERC conference this fall aired new major policy options for capacity markets. Amid the battle, ISOs are making tactical adjustments.
COMPETE Coalition
Unleash the Genie
Former FERC Commissioner Bill Massey says we shouldn't bottle the genie of competition as Fortnightly author Doug Jones advocated in May 2013. Instead, he says, the genie's shackles should be removed so market forces can produce maximum efficiency and value for customers.
Michigan Morass
Competitive energy suppliers are infuriated by Michigan’s regulatory framework. The state partially unbundled its utilities, but left generation tied to retail operations. Then it opened the retail market to alternative suppliers, but capped their participation at 10 percent — severely limiting true competition. Former FERC Commissioner Bill Massey says Michigan’s schizophrenic approach is stifling innovation and saddling customers with unnecessary risks and costs.
Carbon In Electricity Markets
Price transparency will drive GHG reductions.
In light of coming GHG legislation, price transparency is the key to achieving cleaner generation through the dispatch of lower-carbon sources.