Several hurdles remain to further liberalization and full competition in the electricity sector.
Business & Money
Investors are asking utilities questions about environmental and social risks. Answers can be a challenge.
When the tech-stock bubble burst in 2001, investors were outraged to learn that many stock analysts were being paid to over-hype stocks. The following year, Enron's ugly public death revealed the presence of a virulent infection in governance of many large and respected companies.
The pros and cons of outsourcing utilities' IT functions.
Utility companies have a lot to think about these days. Whether or not to outsource information technologies (IT) is part of the equation being calculated in the present economy. While some managers feel anxiety at turning over important company functions to outsiders, others see it as an opportunity to free up IT staff for other work. And keeping up with ever-changing technology is a daunting task.
The market speaks but we don't listen.
Will someone please tell me: Where is the proof that the electric utility industry needs more investment in electric transmission? Is it not possible that we already have enough miles of high-voltage line?
I can scarcely turn around but see a new conference or workshop on how to encourage the electric industry to invest more in transmission infrastructure. The Federal Energy Regulatory Commission (FERC) leads that charge, though as a regulator it ought to stay neutral.
How state opposition cowed the feds and turned a powerful rule into just a set of talking points.
A funny thing happened on the way to a standard market design (SMD). What began as a full-fledged rulemaking-with the Federal Energy Regulatory Commission (FERC) giving instructions and imposing deadlines on the electric utility industry-now has degenerated into little more than a set of talking points.
Talk about cold feet.
Texas wins raves from the big players for its rules and systems, but the small consumer, as in other states, sees little reason to switch.
Six months into the opening of the restructured Texas electric market, industry players are generally pleased with the results, but the jury is still out, as the state's vaunted system design has shown some cracks, and consumers still see little reason to switch their energy supplier.
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.