SEP

Buying Into Solar

Rewards, challenges and options for rate-based investments.

Utilities traditionally have met renewable portfolio standards with power purchases from IPPs. But new approaches are allowing utilities to build their rate bases with investments in solar generation.

Redefining PV Capacity

Effective metrics give solar its due credit.

Photovoltaic (PV) power generation is an intermittent, non-dispatchable resource generally considered as energy-only with no capacity credit. However, there is ample evidence that solar energy reliably is available at peak demand time when loads are driven by day-time commercial air conditioning, and can contribute effectively to increasing the capacity available on a regional grid.

Pulling An Inside Job

PJM loses luster in a squabble over market monitoring.

The bottom fell out in the hearing room at FERC on April 5 when witness Joseph Bowring let it slip that, yes, he might well prefer more independence from his employer in his role as chief of the market monitoring unit at the PJM Interconnection.

What Do You Mean by Green?

Seemingly eco-friendly definitions can prevent adoption of renewable portfolio standards.

Seemingly eco-friendly definitions can prevent adoption of renewable portfolio standards.

GAO Study Fans Latest Fire to Threaten Federal PMAs

But preference customers still remain a "vocal political force."

With eyes turned again toward Congress, and possible energy legislation, opponents have thrown up yet another challenge to the sale of low-cost, allegedly subsidized power by the federal power marketing administrations. This time, congressional foes of PMAs have gained allies in several investor-owned utilities and in the findings of a report from the U.S. General Accounting Office, requested last year by Congress to aid its deliberations on electric restructuring.

Frontlines

Some see utilities fixing prices under competition. Really? I'm shocked.

Did you hear the one about the 10,000 percent rate increase? Ask FERC chairman James Hoecker or his colleague, Curt Hébert. They'd be happy to tell you. They don't even need their own joke writers. This story, you see, is absolutely true.

It seems that Virginia Electric & Power Co. wanted to squeeze just a little more profit from its Kerr-Henderson transmission line.

Mail

THE SEPT. 1, 1998 ISSUE OF Public Utilities Fortnightly contained an article, "The Fortnightly 100," which promised to reveal America's "most efficient utilities." The authors used data envelopment analysis (DEA) to analyze historical operating and financial data for 140 utility holding companies. While DEA can be a useful tool for data analysis, used indiscriminately it can lead to misleading conclusions.

Competing Bids Filed for Cajun

Ralph Mabey, trustee for Cajun Electric Power Co-op. in its bankruptcy proceeding, has filed a reorganization plan at the Federal District Court in Baton Rouge, LA. Mabey chose a bid from NRG Energy, Inc. and Zeigler Coal Holding Co.: about $1.1 billion in cash to purchase most of Cajun's nonnuclear assets. However, that offer faces a competing bid filed by the Cajun Electric Members Committee, Southwestern Electric Power Co. (SEP), and Gulf States Utilities.