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Fortnightly Magazine - May 2005

Spot-Market Clearing

Solving the electricity credit malaise.

A monthly billing cycle results in exposures of up to 60 days’ settlement. Participant default is likely, and the potential loss from such an event is significant. Spot-market clearing can solve these problems.
Byline: 

Todd W. Bessemer and Francis X. Shields

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A New Solid South

Where Entergy leads, will Wal-Mart follow?

Everyone is talking about Entergy's move to form a single-company RTO-lite across its service territory in Arkansas, Mississippi and Louisiana.
Byline: 

Richard Stavros

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People

FERC Chairman Pat Wood III said he would leave the commission at the conclusion of his term of office June 30. Wood is the longest-serving appointee of George W. Bush, who as governor of Texas in 1995 appointed him to the Texas PUC. And others...
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