Frontlines

Très Riches Heures

 

How to price energy during a stage 3 alert?

You know the painting. Les Très Riches Heures du Duc de Berry. You probably saw it first in Janson's "History of Art", in a college survey course.

1 "Load-serving entities" are firms that serve retail electricity customers. These firms include utilities and power marketers.

2 See L.D. Kirsch, "ISO Economics: How California Flubbed It on Transmission Pricing", Public Utilities Fortnightly, Oct. 15, 1998, p. 24.

3 See J.E. Bowring and R.E. Gramlich, "The Role of Capacity Obligations in a Restructured Pennsylvania-New Jersey-Maryland Electricity Market", Electricity Journal, November 2000, pp. 57-67.

Off Peak

April 1, 2001

"Read Your Bill, Ma'am?"

 

 

News Analysis

 

 

But the standards board must surmount differences with electric brethren before repeating its gas industry success.

Perhaps the Gas Industry Standards Board (GISB) wants to tackle electricity because it doesn't have much else to do anymore in the area of gas standards.

 

News Digest

 

(1) the regulatory rate freeze imposed under the state's restructuring scheme,

(2) the state-imposed duty to serve that forced Edison to supply electricity to retail customers regardless of price, and

(3) the Jan. 4 order by the state public utility commission that Edison said barred it from obtaining funds to meet its payment obligations to the PX.