Alliance Gas Pipeline: Early, Late, or Just in Time?
A story of big gambles, big assumptions, and spark spreads now turned upside down.
Out of Touch With Consumers? The Regulators Give Their Side
Interviews with utility commissioners and consumer advocates in Ohio, Michigan, Georgia, Massachusetts, and Pennsylvania.
"It's disappointing that the wholesale prices are as high as they are. All the parties expected prices to be significantly lower."
Off Peak
Oracle's energy director tells Congress how new-economy firms are taking reliability concerns into their own hands.
Off Peak
November 1, 2000
Customers Move On
Oracle's energy director tells Congress how new-economy firms are taking reliability concerns into their own hands.
NYPA's CEO clarifies details of the Power Authority's auction of nukes to Entergy.
NYPA's CEO clarifies details of the Power Authority's auction of nukes to Entergy.
Several comments are in order concerning the analysis by Dan Donoghue and David Haarmeyer of the pending sale of the New York Power Authority's Indian Point 3 and James A. FitzPatrick nuclear power plants to Entergy Corp. (, June 15, 2000, p. 90).
Perspective
Ten ways to fix the mess in electric restructuring.
News Digest
News Digest
People
Frontlines
Frontlines
Federalism At Work
Excerpts from the field hearing conducted by the Federal Energy Regulatory Commission on wholesale power markets in California.
San Diego, California, Tuesday, Sept. 12, 2000, 9 a.m.
Wild Prices Out West: What Can Be Done?
The problems stem from a lack of incentives for long-term, fixed-price contracts.
The problems stem from a lack of incentives for long-term, fixed-price contracts.
The end of summer found energy regulators working overtime in California to appease an angry public that had seen electric bills double and triple in some parts of the state.
Price Spike Reality: Debunking the Myth of Failed Markets
The data is in. Market power fails as an explanatory variable for episodes of high prices.
The data is in. Market power fails as an explanatory variable for episodes of high prices.
The past summer represented a key turning point in our understanding of deregulated wholesale power markets. Until then, it was possible to find major North American markets that lacked any experience with severe price spikes. Now that immunity is denied. Price spikes in California and other Western markets mean that the last regions bucking the trend have fallen in line.