Perspective
Seven recommendations to improve TMI's nuclear plant security that have gone unheeded.
Fortnightly Magazine - July 15 2002
Off Peak
The <i>Fortnightly</i> guide to round-trip trading.
Off Peak
July 15, 2002
Retail Choice Rides Again: A Mixed Market in The Lone Star State
Texas wins raves from the big players for its rules and systems, but the small consumer, as in other states, sees little reason to switch.
Texas wins raves from the big players for its rules and systems, but the small consumer, as in other states, sees little reason to switch.
Six months into the opening of the restructured Texas electric market, industry players are generally pleased with the results, but the jury is still out, as the state's vaunted system design has shown some cracks, and consumers still see little reason to switch their energy supplier.
Byline:
Mark Hand is senior editor of Public Utilities Fortnightly.
POLRized in Texas: A Duty Unresolved
The Texas method for assigning provider of last resort draws criticism from market players and consumer advocates.
Byline:
Tom Michelman
The Barriers to Real-Time Pricing: Separating Fact From Fiction
Real-time pricing has been hindered by the misperception that a shift to RTP will create new types of risks, without creating benefits for utilities or customers.
Byline:
Ahmad Faruqui and Melanie Mauldin
Collateral Damage
Credit ratings agencies put the squeeze on merchant power.
Have they gone too far? Have ratings agencies become overzealous in their efforts to rein in energy merchants? Many in the industry are coming to that belief after Aquila, one of the industry's most respected companies and leaders, announced it would exit the merchant energy trading sector in late July. It said it could no longer meet the credit requirements imposed by ratings agencies to maintain that business.
Perspective
Independent transmission companies have a role in creating public benefit in wholesale competitive electricity markets.
Byline:
Audrey Zibelman
People
Allegheny Energy announced the election of two vice presidents. , vice president for corporate development, became vice president of Allegheny Energy Inc. , deputy general counsel, became a vice president of Allegheny Energy Service Corp. Dailey joined the company in 1991, and Burke joined in 1999.
Byline:
Terence A. Burke
Benchmarks
Benchmarks
ByLate for dinner? Blame Enron. Go ahead. It may seem unfair to blame another for something you did wrong, but the post-Enron political climate makes it easy to do. California politicians already are hip to this strategy. But, blaming all of California's woes on Enron is less than politically honest and may have far-reaching effects on power markets.
Byline:
Will Dailey is a senior consultant with Platts Research & Consulting.