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Fortnightly Magazine - May 15 2001

Off Peak

Regulators count on price signals to force consumers to behave.<b> </b>

Off Peak

May 15, 2001

Now Do as You're Told

 

Regulators count on price signals to force consumers to behave.

Boise, Idaho: Tues. Apr. 10, 2001, 8 a.m.

Byline: 
*Witnesses: U.S. Sen. Larry E. Craig (R.., Idaho); Raymond L. Gifford (chairman, Colo. Pub. Serv. Comm'n), Tony Schaefer (Chairman, New Mex. Pub. Reg. Comm'n), Roy Hemmingway (energy advisor for Oregon Governor John A. Kitzhhaber), William L. Massey (FERC), Linda K. Breathitt (FERC), Roger Hamilton (Oregon Pub. Util. Comm'n), Greg Keeley (speaker pro tem, Calif. Gen. Assembly), and Marsha H. Smith (Idaho Pub. Utils. Comm'n).
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California's Power Gamble: Long-Term Contracts, Locked-In Risk

High profit potential will attract new power plants, forcing prices down and stranding the state's long-term electricity purchases.


 

High profit potential will attract new power plants, forcing prices down and stranding the state's long-term electricity purchases.

Let's consider three questions crucial to California's energy crisis and its plans for solution.

Byline: 
Michael Schmidt
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News Analysis

<br> And in Texas, all customer information flows through ERCOT.

 

News Analysis

 



And in Texas, all customer information flows through ERCOT.

 

Texas thinks it has the right formula for retail choice.

When queried on the wisdom of its restructuring plan relative to California's restructuring woes, Texas likes to point to the new generation capacity coming online, and a supply-demand balance much more favorable than California's.

Byline: 
Carl J. Levesque
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