Planned or Private?
Grid system operators now hold the cards. That means a bidding war for talent and a new wave of mergers.
TBy issuing new rules for a Standard Market Design (SMD) for wholesale power, the Federal Energy Regulatory Commission (FERC) in all likelihood will usher in a new wave of utility mergers. But the pattern will differ from what we have seen in recent years.
The deals will center on the transmission sector, and take a horizontal shape, rather than vertical.
Some thoughts on who should take the lead and how to set up financial incentives.
One of the most interesting questions that arises from federal restructuring of the electric grid, with regional transmission organizations (RTOs) and a standard market design (SMD), concerns the risk of building transmission in an RTO environment.
And where the trouble spots lie in FERC's grid plan.
The mood appeared calm on June 26 in Washington, D.C., at the regular bi-weekly meeting of the U.S. Federal Energy Regulatory Commission (FERC). Key officials from various regional transmission organizations (RTOs) had gathered before chairman Pat Wood and the other commissioners to brief them on progress over the past year in reforming wholesale electric markets, and on what the FERC might expect in the summer at hand.
The smart money now treats transmission as a player. Just like generation. Just like load.
Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.
Dynegy's senior vice president Peter Esposito didn't think much about the celebrated mediation talks on forming a single, unified transmission grid for the Northeast U.S.
Interviews with software middlemen.
Partner, Utility Practice Group
By Marija Ilic and Leonard Hyman
Why a standard design in each ISO is no guarantee of regional coordination.
How do you complete an efficient transaction that requires the cooperation of two or more markets when each is operated independently of the other?