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A Gas Crisis, or Not?

The conclusions made by the NPC gas study raise more questions than they answer.

The National Petroleum Council’s study on future U.S. gas supplies raises more questions than it answers. Before the industry acts on the study’s recommendations, it should re-examine the study’s many shortcomings.
Byline: 

Ken Costello

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Gas Supply: Too little, Too late?

Pipeline and LNG terminal developments may arrive too late to prevent a natural gas disaster.

Alaska’s North Slope gas remains in the pipeline, so to speak, despite the efforts of industry heavyweights to bring the stranded resource to the lower-48 states. Meanwhile, LNG development is beset by questions of safety, siting, and permitting, leaving North America with high gas prices and little clarity about future supply.
Byline: 

Michael T. Burr

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Energy Storage Systems: A Case Study

How to reduce the cycling costs of conventional generation.

Energy Storage Systems (ESS) can provide significant benefits associated with reduced damage to fossil-fuel power plants if the ESS is used in such as way that it reduces start-ups or load-following/cycling. Though those benefits may not be well known, understood, or documented, they are real and ascertainable.
Byline: 

G. Paul Grimsrud, Steven A. Lefton, and Philip M. Besuner

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After FERC’s Market Power Ruling: New Money Into Gen Sector

Will financiers dominate the market?

The recent approval by the Federal Energy Regulatory Commission (FERC) of its "interim" market power screen and policies on investor-owned utilities (IOU) affiliate transactions is changing the market dynamics for buying and selling generation assets. Yet, while the market test has drawn plenty of comments and complaints, the long-term effects are still uncertain.
Byline: 

Mike Beck and Craig Hart

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RTOs: The Creditworthiness Conundrum

IOUs, RTOs duke it out over standardization.

Have regional transmission operators (RTOs) and independent system operators (ISOs) asked for excessive levels of credit from customers? The Federal Energy Regulatory Commission (FERC) must face that difficult question as it investigates whether to institute a rulemaking on credit-related issues for service provided by ISOs, RTOs, and transmission providers.
Byline: 

Lori A. Burkhart

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A Year After the Blackout: On a Collision Course With History?

Grid reliability is still at risk unless the industry quickly takes action.

The blackout highlighted the growing threat of dynamic voltage problems. Technical solutions to this problem are readily available, but creative regulatory approaches are needed. Here is a case where the timeworn precept, “follow the money,” offers a winning solution for the entire array of power system stakeholders.
Byline: 

John B. Howe

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Coal: Paying a King's Ransom

What's causing price volatility, and will it last?

The long period of sub-full-cost pricing in the 1990s caused great rationalization in the coal industry, leaving a much healthier and sensible market. One consequence of this is that the floor price for coal in most regions has risen about 25 percent in the last few years. With natural gas prices expected to remain high for some time, those coal markets where ready capacity is at current demand levels will see steadily high prices.
Byline: 

Andy Roberts and Gary L. Hunt

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Letters to the Editor

Regarding “Consolidating Co-ops,” June 2004

“Co-ops are beginning to look like ripe fruit” for IOU acquisition, Michael T. Burr wrote in “Consolidating Co-ops” in the June 2004 issue of Public Utilities Fortnightly. In many cases, just the opposite is true, writes one contributor.
Byline: 

Bill Conway, Matt Berry

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People

People for September 2004

Filled positions at the California PUC, PG&E Corp., FERC, and others.
Byline: 

PUf

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Irreconcilable Differences?

Imported natural gas contains more Btus and fewer impurities than the domestic variety, raising questions for LNG development.

While the gas industry is not yet ready to admit it, there may be a high price to pay to deal with the differences that come from an increase in imports of natural gas from overseas. But the alternative of not paying to avert a natural gas crisis would be irreconcilable.
Byline: 

Richard Stavros

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