William Massey

Tranche Warfare

The experts do battle over capacity market design.

A FERC conference this fall aired new major policy options for capacity markets. Amid the battle, ISOs are making tactical adjustments.

Unleash the Genie

Former FERC Commissioner Bill Massey says we shouldn't bottle the genie of competition as Fortnightly author Doug Jones advocated in May 2013. Instead, he says, the genie's shackles should be removed so market forces can produce maximum efficiency and value for customers.