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.

A Dynamic Mission: Protecting Utility Assets

State public service commissions are insisting that utilities adopt risk management programs, and are allowing less pass-through for those that don't.

Many electric utilities have been on high alert since Sept. 11 to protect the assets within their systems from cyber and physical attack. For instance, 21 U.S. nuclear reactors are located within five miles of an airport, but 96 percent of all U.S. reactors were designed without regard for the potential for impact from even a small aircraft.

Vote Yes on Yucca Mountain

Congress needs to uphold the president's designation for a nuclear waste disposal site.

In the interest of security, economics, and common sense, it is important that Congress votes to uphold Yucca Mountain as the nation's central nuclear waste disposal facility.

Benchmarks: Coal Prices

Steady again, as new paradigm takes hold.

New coal price levels are down, but above the prices realized in the 1990s. Perhaps it can be demonstrated that the supply of coal is much more in line with its demand, and that coal mines are producing at levels much closer to aggregate mine capacity.

People (June 15, 2002)

Larry Schmid has been named CFO for Great River Energy. Hydro Energy of Norsk Hydro has appointed Hilde Myrberg as sector president. Ronald McMahan has joined the board of directors of Index Pricing Group. And others ...

Bragawatts: Nothing to Brag About

So-called 'round-trip trades' and what FERC should do about it.

Power trading companies that make the cut on the top-10 ranking list essentially have won the right to brag ... or have they?

Barbarians at the Gates

FERC... SEC... CFTC...Congress ... Ratings Agencies... Stockholders... Bondholders... Private Equity Investors?

No one has yet quantified or qualified the devastation to industry reputation, electric competition, or energy companies' future earnings power caused by the current round of energy trading scandals that is shaking the industry to its core.