RTO

Very Roughly Commensurate

Analyzing the Order 1000 comply filings from non-RTO regions.

Last fall, utilities across the country began filing tariffs with FERC to explain how they’ll comply with Order 1000. That’s quite a handful, but maybe not a stretch for the RTOs. Not so for the non-RTO regions.

Demand Growth and the New Normal

Five forces are putting the squeeze on electricity consumption.

It’s tempting to attribute the recent slowdown in electricity demand growth entirely to the Great Recession, but consumption growth rates have been declining for at least 50 years. The new normal rate of demand growth likely will be about half of its historic value, with demand rising by less than 1 percent per year. This market plateau calls for a new utility strategy.

Bill Hogan, Unbundled

A candid commentary on current topics in electric restructuring.

A no-holds-barred interview with the electric industry’s chief architect of wholesale electric market design.

Federal Feud

The jurisdictional battle rages on, with FERC and EPA squaring off against the states.

When Revolutionary War veteran Daniel Shays led an attack on the federal Springfield Armory in January 1787—the spark that ignited the federalist movement—he scarcely could’ve guessed that now, 225 years later, his spiritual descendants would still be fighting that very same battle.

Bridging the Seams

Interregional planning under FERC Order 1000

With no single entity in charge, transmission planning has plagued projects that span multiple regions. A new framework offers a solution.

A Pricey Peninsula

Michigan chafes over regional grid planning, providing a policy lesson for the feds.

High prices have turned Michigan against regional planning -- a possible foretaste of what to expect under FERC Order 1000.

RTO Tango

PJM and MISO ran from the altar once before. Now there’s talk of a shotgun wedding.

Utilities in the Midwest ISO want greater access to sell into PJM’s lucrative market. But that might require a virtual merger of the two RTOs — a move rejected seven years ago as too costly, and perhaps still impractical today.

Rate Design by Objective

A purposeful approach to setting energy prices.

Changes in regulatory requirements, market structures, and operational technologies have introduced complexities that traditional ratemaking approaches can’t address. Poorly designed rates lead to cross-subsidies, inequitable outcomes, and perverse incentives. An objective-based approach can better communicate costs to customers in a way that better serves operations and policy goals.

Energy Storage Solutions

Barriers and breakthroughs to a smarter grid.

Technology is quickly making energy storage more economical and effective than ever before. But companies that wish to invest in storage capacity face a journey through a frustrating regulatory no-man’s land. Opening the gateway for storage to deliver smart grid benefits will require a more streamlined and coherent approach to regulating storage as utility infrastructure.

Shale vs. Coal

Portfolio strategies for the new power-fuel market.

Shale gas discoveries and ballooning inventories have pushed natural gas prices down to a 10-year low. At the same time, increasingly stringent emissions regulations are squeezing out some coal-fired power assets. Are we witnessing a power-fuel revolution? And if so, what’s the best survival strategy?