ERCOT

Blackouts? never Again! (But...)

We ask merchant grid developers if anything can ever be done.

We ask merchant grid developers if anything can ever be done.

 

The blackout of August 2003 should have come as no surprise. The Department of Energy's May 2002 National Transmission Grid Study finds growing evidence that the U.S. transmission system is in urgent need of modernization.

The CIO Forum: Budgets Byte Back

Chief tech officers discuss how they are using their data to beat the competitition.

Chief tech officers discuss how they are using their data to beat the competitition.

 

This year's first IT commandment: Use what you've got. And the second is like unto it: Data is king. Those are the strong themes that emerged from this year's CIO Forum. Fortnightly interviewed three chief information officers at three diverse companies: a traditional utility, Cinergy; a merchant generator, Calpine; and an independent system operator (ISO), the Electric Reliability Council of Texas (ERCOT).

People

New Positions:

New Positions:

The Allegheny Energy Inc. board of directors named Florida Power & Light Co. President Paul Evanson its new chairman, replacing the retiring Alan J. Noia. Allegheny's interim president, Jay Pifer, assumed the duties of COO at Allegheny. Evanson had been with Florida Power and Light since 1992. He will be replaced temporarily by Lew Hay, chairman and CEO of FPL Group, until a permanent replacement is found.

Red, White, and Ready: The Patriotic Push for Energy Legislation

After 10 years of waiting, some experts say a Republican-controlled Congress and a patriotic mood will make the difference in passing energy legislation this year.


After 10 years of waiting, some experts say a Republican-controlled Congress and a patriotic mood will make the difference in passing energy legislation this year.

Could this be the year that Congress passes a comprehensive national energy bill? That's the question on the mind of the utilities industry. Some say with Republicans controlling both the U.S. House and Senate-not to mention the presidency-the prospects for comprehensive energy legislation are bright. But some pundits are not so sure.

Winds of Change in Texas

Rising gas prices spark a rush to wind farms, straining grid capacity and raising larger issues about market design.

 


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.

FERC's Market Design: The End of a 'Noble Dream'

How state opposition cowed the feds and turned a powerful rule into just a set of talking points.

How state opposition cowed the feds and turned a powerful rule into just a set of talking points.

A funny thing happened on the way to a standard market design (SMD). What began as a full-fledged rulemaking-with the Federal Energy Regulatory Commission (FERC) giving instructions and imposing deadlines on the electric utility industry-now has degenerated into little more than a set of talking points.

Talk about cold feet.

Squeezing Juice from Plants

Asset optimization is a favored utility strategy in an economic downturn.

Asset optimization is a favored utility strategy in an economic downturn.

Generation plant construction has gone down with the economy. "Our project finance pipeline is as dry as I have seen it," says energy analyst Jerry Pfeffer of Skadden, Arps, Slate, Meagher & Flom, speaking at a recent energy conference in New Orleans. He predicts it will take at least a year or two until new construction starts up again in any significant manner.

Regulators' Forum: A Fight Over Market Design

FERC's attempt to standardize markets have some state regulators up in arms.

FERC's attempt to standardize markets have some state regulators up in arms.

The fight over standard market design (SMD) looms large as regulators face the coming year. Passions are heightened on the subject-and everyone has an opinion.

In these pages, takes SMD and other questions right to the top policymakers in six states-Alabama, California, Massachusetts, Michigan, New York, and Texas-for a snapshot of what the thinking is on hot topics. And of course we included the man of the hour, FERC's chairman Pat Wood.

Studying Apples and Oranges

RTO cost/benefit studies are difficult to reconcile.


 

RTO cost/benefit studies are difficult to reconcile.

The premise behind the Federal Energy Regulatory Commission's (FERC) push for regional transmission organizations (RTOs)-that they will provide positive economic benefits to society- increasingly is being challenged.