National Association of Regulatory Utility Commissioners

Anatomy of Sealed-Bid Auctions

Bringing flexibility and efficiency to energy RFPs.

With the introduction of retail competition in the electricity industry, regulatory authorities in many jurisdictions are now overseeing the purchase of electricity at wholesale by electric utilities for customers that do not otherwise obtain supply from independent retailers. There are two primary ways in which, under the supervision of regulatory authorities, electric utilities purchase electricity for these non-shopping customers: through simultaneous descending clock auctions or through fairly common sealed-bid auctions, commonly known as Requests for Proposals.

The Efficiency Mandate: Stimulating Energy Efficiency

NARUC decries conditions on states for federal grants.

Utilities are leaving no stone unturned in their search for ways to save electricity. Federal incentives will support new technologies and projects, but can those incentives overcome structural barriers that stand in the way of major efficiency improvements? Fortnightly's editors explore challenges and opportunities arising from the new efficiency mandate.

Rethinking 'Dumb' Rates

Achieving the smart grid’s potential requires a revolution in electricity pricing.

Achieving the smart grid’s potential requires a revolution in electricity pricing. Smart metering and smart rates might yield surprising and beneficial changes in the U.S. utility industry. But capturing those benefits will require an intelligent and careful approach to implementing dynamic pricing.

People

Northeast Utilities appointed Leon J. Olivier as executive vice president-chief operating officer. Calpine named Todd W. Filsinger interim chief operating officer. PJM Interconnection promoted Andrew Ott to senior vice president-markets. And others...

People

(October 2007) J. William Ichord joined Sempra Energy as vice president of government relations. DPL Inc. appointed Frank F. Gallaher to the boards of directors of DPL and The Dayton Power and Light Co. The board of directors of NiSource Inc. elected Deborah S. Coleman, executive vice president and COO of the National Urban League, to the NiSource board of directors. And others...

People

(March 2007) Constellation Energy named Kevin W. Hadlock vice president, investor relations, and Robert L. Gould vice president, corporate communications. Subsidiary Constellation NewEnergy appointed Emily Neill as business development manager. Dynegy Inc. announced several organizational changes related to the company’s proposed combination with LS Power. Robert W. Best, chairman, president, and CEO of Atmos Energy Corp., was elected chairman of the American Gas Foundation’s board of trustees for 2007. And others...

People

(February 2007) The Electric Power Research Institute appointed Bryan Hannegan vice president for environment research and development. PNGC Power named John Prescott senior vice president of power supply. Nora Mead Brownell joined the Comverge Inc. board of directors. The Midwest Independent Transmission System Operator Inc. announced the election of two new members to its board of directors: Michael J. Curran and Eugene W. Zeltmann. And others...

Consensus, Compromise, and Chopping Wood

NARUC President James Kerr seeks harmony among an unruly bunch of state regulators.

As NARUC president, James Yancey Kerr II brings a federalist philosophy that emphasizes state and local sovereignty—and consensus among state regulators.

Casino Royale?

Utilities place billion-dollar bets on infrastructure, but the deck may be stacked against them.

Something seems deeply disturbing about the utility industry these days. An almost palpable tension rises whenever the utility CEO is asked how he will build enough power plants to meet the skyrocketing demand for power. Some consultants predict that sometime after this decade the time will come when utilities won’t be able to build enough to meet demand, no matter what they try.