Podcasts

Leadership Lyceum

Leadership Lyceum: A CEO’s Virtual Mentor

This podcast series focuses on corporate and industry strategy and trends from the direct vantage point of key industry leaders. Subscribe to the podcast at Apple iTunes. Interviews with Tom Fanning and Bob Flexon are available, as well as one with Joe Rigby, Bob Skaggs and Les Silverman.

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Calendar of Events

Apr 09, 2017 to Apr 12, 2017
| Phoenix, AZ
May 02, 2017 to May 05, 2017
| Orlando, FL
May 21, 2017 to May 23, 2017
| Orlando, FL

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Public Utilities Reports

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PJM

Pay-As-Bid Revisited

Many see a higher cap as a windfall for nuclear and coal.

Bruce W. Radford

FERC’s new rulemaking proposal would allow generators to tender supply bids higher than $1,000 per megawatt-hour, if it really costs that much to buy fuel to generate power. Some opponents say that may be OK for gas-fired turbines, but it’s not needed for nuclear or coal-fired plants.

Topping the $1k Cap

Still Beyond the Pale?

Bruce W. Radford

Two decades into our grand experiment with wholesale power markets and we’re still debating the need for a cap on prices.

It's a Five-Minute World

New rule would align price settlements with real-time dispatch.

Bruce Radford

A misalignment of scheduling and price settlement opens the door to mischief.

Chasing the Uncatchable

Why trying to fix mandatory capacity markets is like trying to win a game of Whack-A-Mole (Parts I & II)

Delia D. Patterson and Harvey L. Reiter

FERC has little to show for more than a decade of tinkering with mandatory capacity markets.

FERC Chasing the Uncatchable

Trying to fix mandatory capacity markets like trying to win at Whack-A-Mole, Part II

Delia Patterson and Harvey Reiter

The proposals do not mandate participation in mandatory auction markets, much less try to set artificial floors on seller bids.

Federal Versus State Jurisdiction in the Electricity Business

Two back-to-back decisions by the Supreme Court in 2016 will fundamentally redefine the jurisdictional split.

Craig Roach and Vincent Musco

If the Supreme Court holds to the principles and logic of its ruling in EPSA, it will restore states’ traditional central role in resource planning.

FERC Chasing the Uncatchable

Trying to fix mandatory capacity markets like trying to win whack-a-mole, Part I

Delia Patterson and Harvey Reiter

FERC’s efforts to get capacity markets “right” have led to endless – and futile – tinkering. The cure proposed – making capacity auction markets mandatory – has unfortunately proved far worse than the disease.

Response to Radford Re: EPSA Complaints at FERC on Ohio Contracts

A response to the ‘Following FERC’ column by Bruce Radford in our April 2016 issue.

John E. Shelk

The PUCO was not, and never will be, in a position to ensure terms of PPAs meet requirements of FPA.

FERC v. Ohio

Will the Feds weigh in on the great Buckeye brawl?

Bruce Radford

Ohio ratepayers could prosper if natural gas prices rise in the next few years, boosting revenues when the utilities resell into PJM markets.

The Long and Short of Grid Congestion

FTRs make hedging possible, but can PJM ensure full funding without playing favorites?

Bruce W. Radford

Financial traders believe PJM’s proposal discriminates since they are more likely to hold counter-flow FTRs.

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