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FERC

Time After Time

Regulators are starting to show signs of strain over the restructuring debate.

Up to now, many in the industry thought everybody but the regulators had tired of the constant back-and-forth over regional market issues such as standard market design. This is not to say that state regulators have been able to find any common resolution.
Byline: 

Richard Stavros

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MISO-PJM Super Region: FERC Makes Companies Pay for RTO Choices

Irregular seams affect ratemaking policies.

In a case that marks the first time FERC eliminated inter-RTO rate pancaking, the commission in late July issued an order terminating regional through-and-out rates (RTORs) charged by two regional transmission owners. The decision removes an estimated $250 million in yearly fees collected by those two entities. But the lost revenue has parties to the proceeding squabbling over many aspects of the case.
Byline: 

Lori A. Burkhart

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Letters to the Editor

Two letters, one correction

Jonathan Jacobs, Managing Consultant at PA Consulting Group, responds to a letter to the editor in the Oct. 1, 2003 issue from Lewis Evans and Kevin Counsell. And former FERC commissioner Matthew Holden Jr. disagrees with John Sillin's commentary in "The Blackout of 2003: Why We Fell Into the Heart of Darkness" in the Sept. 15, 2003 issue.
Byline: 

PUF

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AEP's Gutsy Gambit

It would join an RTO but dictate the terms — a dangerous game that has the industry talking.

When I talked a few months ago with AEP President and CEO Linn Draper Jr., he discussed how his company would have joined the PJM RTO in March were it not for the backlash he was getting from certain state regulators.
Byline: 

Richard Stavros

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What Does Shakespeare Know About Utility Leadership?

New realities demand new direction from utilities.

To paraphrase Shakespeare, "The true soul of joy is in the process." For the utility industry, nothing could be further from the truth. The deregulatory "process" has not been joyful. It has been painful and costly.
Byline: 

Timothy F. Sutherland and Gary Vicinus

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Blackouts? never Again! (But...)

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

How will technicians prevent another major blackout? Fortnightly weaves the opinions of industry insiders on the keys to electric reliability with a cautionary tale from Connecticut to present solutions for what’s ailing the grid.
Byline: 

Lori A. Burkhart

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Restructure or Bust?

Why FERC must yield to bankruptcy law.

How will regulators react if the current trickle of bankruptcies within the debt-laden merchant power sector should suddenly become a torrent? Will they encourage the necessary restrcturing of debt, or will they stand in the way?
Byline: 

Kenneth Irvin and Robert Loeffler

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Electric Gridlock: A National Solution

FERC should consider a two-part tariff to boost transmission investment.

The existing transmission system was built to connect a utility’s power plants to its customers. It was never designed for getting power from any generator to any customer in a competitive generation market.
Byline: 

Jay Apt and Lester B. Lave

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 Mistake by the Lake

The blackout could doom deregulation, but why treat reliability and reform as either-or?

The Great Blackout of August 2003 may well spell the doom of deregulation as we know it for the electric industry. Yet I believe that reliability and a move to markets need not be mutually exclusive. Rather, they must march forward together, in step, for either to succeed.
Byline: 

Bruce W. Radford

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Commission Watch

How far will FERC go to restore market confidence?

Commission Watch

How far will FERC go to restore market confidence?

 

Despite keen industry interest in FERC's proposed "rules of the road," aka new codes of conduct, it appears the industry will have to wait. FERC recently granted extensions for filings, and the commission will not gather all reply comments until Sept. 18. Filings so far point to differences over the proposals, especially in time frames for reporting bad behavior, appropriate monetary penalties, and defining to whom the rules apply.

Byline: 
Lori A. Burkhart
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