Inside the IT Nerve Center
Managing information technology at the ISO, the trading platform, and two merging utilities.
"What the electricity market needs is a forward market with an ability to vary price and volume on an hour-by-hour basis."
Cooperative IPOs: Distinguishing Fact from Fantasy
The fundamental principles of cooperative operation are inherently in conflict with the traditional concept of an IPO.
1. Subordination of capital. Neither interest nor dividends may be paid on invested capital. Cooperatives provide for a return of capital-not a return on capital. Furthermore, neither the amount of patronage nor the amount of investment of a patron can determine such patron's degree of ownership or control of the organization, i.e., there must be patronage-based ownership.
Declaring Emergencies in California: The Realities of ISO Operation
An independent system operator's view on the energy crisis and the realities of maintaining reliability.
Declaring Emergencies in California: The Realities of ISO Operation
Frontlines
Utilities face huge costs of complying with new EPA standards.
Frontlines
The Brink of Ruin?
People
Benchmarks
Benchmarks
Perspective
Volatile wholesale market prices have put a damper on retail competition in Pennsylvania. But rate caps are not the answer.
"Both the environment and consumers will benefit in the end if retail electricity prices are allowed to "rise and fall according to market conditions."
Off Peak
Electricity demands enter security mix at nation's airports.<b> </b>
Off Peak
October 15, 2001
Runway Reliability
Electricity demands enter security mix at nation's airports.
Natural Gas Hedging: A Primer for Utilities and Regulators
What commissions need to learn. <br>What LDCs should already know.
Natural Gas Hedging: A Primer for Utilities and Regulators
What commissions need to learn.
What LDCs should already know.The facts are now in. If utilities had hedged their natural gas purchases during the 1990s, they could have earned windfalls for those they serve, given the wild price gyrations of the past decade (). Yet few if any households or businesses saw any windfall, because few utilities were engaged in futures and other derivatives markets.
Gas Price Prudence: From Hedge-and-Hope to Best Practice
Utilities and regulators should follow the same ideas that govern risk management at the largest of commodity trading houses.
Gas Price Prudence: From Hedge-and-Hope to Best Practice
Utilities and regulators should follow the same ideas that govern risk management at the largest of commodity trading houses.
The July 5, 2001 issue of offered an update on what utilities and regulators are doing in the area of commodity price hedging for natural gas.
The headline read, "Dominion East Ohio Sales Customers Will Pay 29% Less in Gas Costs under PUCO-Led Encouragement of Hedging Plan...."