Credit ratings agencies put the squeeze on merchant power.
Have they gone too far? Have ratings agencies become overzealous in their efforts to rein in energy merchants? Many in the industry are coming to that belief after Aquila, one of the industry's most respected companies and leaders, announced it would exit the merchant energy trading sector in late July. It said it could no longer meet the credit requirements imposed by ratings agencies to maintain that business.
Experts debate how energy companies should be valued in the wake of electric restructuring and Enron.
Overcoming many obstacles, energy technology continues to have potential.
What utilities ought to know before doing business overseas.
Frontlines
Très Riches Heures
How to price energy during a stage 3 alert?
You know the painting. Les Très Riches Heures du Duc de Berry. You probably saw it first in Janson's "History of Art", in a college survey course.
To manage congestion on the power grid, most traders would rather book a firm path than risk a loss on a financial hedge.
News Digest
News Digest
News Digest