That Giant Sucking Sound? Rural Distribution Territories and Utility Earnings
Rural Distribution Territories: A Drag On Utility Earnings?
IOUs
Frontlines
FERC's California plan needs pressing, to fix blatant gaffes on NO<sub>x</sub>, demand bids, and megawatt laundering.
Frontlines
Taken to the Cleaners
PG&E's Hydro Workout: Can This Deal Be Saved?
For the utility, wresting its assets from PUC control is the real point.
For the utility, wresting its assets from PUC control is the real point.
Gas & Electric Co.'s 17-month-old proposal to divest its hydro assets via auction likely is dead, a casualty of California's ongoing energy market turmoil. Despite this reality, the utility's auction proposal remained active at the California Public Utilities Commission (PUC) as of press time in mid-January, even as the governor and state legislature held emergency meetings amid rolling blackouts.
News Analysis
When California cries "wolf," will its neighbors cower like sheep?
1 ISO terminology is complex and often misleading. A Stage 1 emergency occurs when the ISO does not meet its own reserve criteria. Stage 2 occurs when it cannot meet a 5 percent reserve margin. A Stage 3 takes place when it cannot meet at 1.5 percent reserve margin. An ISO emergency can take place even when local resources are available-so long as they have not been bid into its daily reserve purchasing.
Perspective
Why rural electric cooperatives should test the equity markets.
Why rural electric cooperatives should test the equity markets.
Price Spike Tsunami: How Market Power Soaked California
Last year saw no shift in fundamentals. Then why was the ISO so willing to be deceived?
Off Peak
Off Peak
November 15, 2000
Rx for IOUs: Slim Down
To an industry whose mantra of late has been "diversify and conquer," a prominent utilities consultant has some startling advice: Slim down and focus on your core strengths.
Frontlines
<b>California pays the bill, but who gets the blame- the feds or the fundamentals?</b>
Frontlines
Prices Hit a Pique
California pays the bill, but who gets the blame- the feds or the fundamentals?
What did they know and when did they know it? That's what California consumers are asking utility regulators and system operators, now that the heat of summer has made a shambles of the state's vision of electricity competition.