People
People for April 2004.
Positions filled at the House Energy and Commerce Committee, Duke Energy, Entergy, and others.
RTO
Retail Risk-Based Pricing
A new approach to rate design.
Customers with greater risk require greater working capital set-asides to address anomalous or unexpected events.
Back to the Ratebase
Utilities are absorbing distressed IPPs, and raising alarm bells in the process.
In 2003, just over 1.4 GW of unregulated generating capacity was converted into rate-based assets. At least another 5.6 GW will be converted soon. What supply procurement practices are appropriate in today’s power market?
Perspective: MISO, Markets, and Common Sense
Wisconsinites don't fear 'Day 2.' But let's get the grid rights right.
The cost of rushing into poorly designed LMP-based energy markets may far exceed any purported cost increases attributable to any future delayed start-up date for certain portions of the MISO region.
The Reliability Czar
Is FERC the rightful heir?
The possibility that energy legislation drafted last year won't pass in 2004 has created a power vacuum. Who now is czar of electric utility reliability?
Generation Reserves: The Grid Security Question
A cost-benefit study shows the value of adding synchronized generating reserves to prevent blackouts on the scale of Aug.14.
A study reveals how increasing the availability and flexibility of generation resources is cheaper than adding transmission.
Trading Spaces? Will CFTC Move Into FERC's House?
Will the CFTC move Into FERC's house?
As the law is written, PJM looks like a commodity futures exchange.
The Utility Sector: A Wall Street Takeover?
Financial players bring credit depth to energy markets, but will they play by the rules?
The center of gravity for energy marketing and trading is moving from Houston to Wall Street. Who’s in, who’s out, and who’s testing the waters?
What Is a Power Plant Worth?
The consequences of exuberance are all around us.
Investors put $50 billion into new generating capacity because they expected that electricity restructuring would lead to the formation of a small number of effective, regional transmission organizations, which would make the location of a generating facility less important in the future. Based on that assumption, developers placed many plants close to a source of fuel, not close to market. For many companies, that has turned out to be a fatal mistake.
Commission Watch: Grid Battle Is Joined
FERC's AEP ruling begs the question: Can the feds bypass states that block transmission reform?
A recent ruling puts the question squarely on the table: Can FERC overturn orders issued by the state public utility commissions that otherwise would stand in the way of its vision of regional transmission organizations with a standard market design?