Business & Money: The Back-to-Basics Valuation Squeeze
An analysis of the strategic implications of the re-basing of power and utility industry valuations.
An analysis of the strategic implications of the re-basing of power and utility industry valuations.
Incentive regulation is not a cure-all for the continuing controversy over return on equity.
Commission policies need to recognize customer obligations and state commission decisions.
IOUs take action, but other overriding forces will affect prices in the near term.
ISO/RTO
People for July 2004.
Critics say FERC's filed rate doctrine is wrong for the times.
People for June 2004.
Business & Money
Investors are asking utilities questions about environmental and social risks. Answers can be a challenge.
When the tech-stock bubble burst in 2001, investors were outraged to learn that many stock analysts were being paid to over-hype stocks. The following year, Enron's ugly public death revealed the presence of a virulent infection in governance of many large and respected companies.
Commission Watch
CPUC questioned historic oversight authority.
To guarantee the continued growth of liquefied natural gas (LNG) importation and use in the United States, the energy industry needs to pay close attention to govern the regulation, siting, and operation of LNG import terminals-issues traditionally overseen by the federal government.