Maine Won't Close Docket on Stranded Costs
The Maine Public Utilities Commission (PUC) has rejected a request by Central Maine Power Co. to suspend a proceeding to develop an interim competition transition charge.
Fortnightly Magazine - October 1 1996
Trading on the Index: Spot Markets and Price Spreads in the Western Interconnection
Using cash and futures markets, traders can tie contracts to a price index.
But which one?
And how to adjust for different delivery points?FOR THE PAST 20 YEARS, THE WESTERN
Systems Coordinating Council (WSCC) has built a reputation for innovation in electric markets.
Byline:
Robert McCullough
Perspective
To what extent should the independent system operator (ISO) and the spot market (Power Exchange) remain separate? Thinking about how the ISO must operate leads to certain conclusions.
Of necessity, the ISO will operate a noncontract market. That is, the ISO will match some supply and some demand that are not covered by generator-customer contracts.
Byline:
Mark Drazen
Off Peak
California's CTC:
Light-handed or Light-headed?Customers didn't buy power on lay-away. So why should the CPUC exact interest?
In a recent dream, the Governor of California called to ask if I would accept an appointment to serve on the California Public Utilities Commission (CPUC). Of course I thanked him and said I was extremely flattered by the offer. However, I inquired, didn't he have an opening on the parole board or air resources board? You see, I know entirely too much about the thankless work of the CPUC.
Byline:
Nancy I. Day
Four Olive Branches
Where others see conflict, a Pennsylvania commissioner finds a peace offering,
not a grab for power.
The jurisdictional issues posed by Order 888 continue to breed tension between federal and state officials. Unfortunately, most of this tension too often elevates form over substance. This jurisdictional tension shifts the focus of decisionmaking from securing the benefits of competition to preserving regulatory turf.
Byline:
John R. Hanger
FERC Weighs in on Muni-Lite Proposals
The Federal Energy Regulatory Commission (FERC) has issued two orders that indicate for the first time how it would implement the prohibition against "sham" transactions under the Energy Policy Act. The separate decisions involve requests by two municipalities for orders requiring utilities to wheel power.
In one order, the FERC denied a request by the City of Palm Springs, CA, for electric transmission service from Southern California Edison (SCE) under sections 211 and 212 of the Federal Power Act (FPA) (Docket No. TX96-7-000).
Byline:
Lori A. Burkhart
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