(December 2006) Charles A. King, California ISO: “Kicked Off and On Schedule” reasonably captures many of the implementation issues and stakeholder concerns surrounding the California Independent System Operator Market Redesign and Technology Upgrade program. However, I was somewhat disappointed that the article offered few details about the benefits MRTU will provide.
U.S. imports make up the fastest-growing segment of the industry. Are we prepared?
The renewed interest in coal as a fuel source for power generation will increase coal demand by up to 4 percent a year for the next 20 years. With so much coal produced domestically in this country, why are utilities choosing to import coal from producers located hundreds or thousands of miles from their plants?
Case studies on how AEP and Southern Co. are preparing for CO2 regulations.
Energy producers already have begun to prepare for coming CO2 regulations. As a first step, many companies are implementing internal trading schemes. In this article, we have focused on AEP and Southern Co. as case studies of how companies are preparing for a carbon-constrained world, because they are in the top 5 companies in the United States with the highest proportion of coal-fired generation in their fleets.
Jay Kumar, President, Economic & Technical Consultants Inc.: Could Hind Farag and Gary L. Hunt point out any winner whose power costs have decreased after the implementation of LMP? I can bet they won’t find even one single (real) entity. ... I am glad that MISO is sticking to the original basis of a supposedly competitive market.
Diane Moody, Director, Statistical Analysis, American Public Power Association: “The Fallacy of High Prices” purports to show that restructuring of wholesale power markets has resulted in significant benefits. However, the analysis it offers in support of this proposition is not credible.
The new transmission siting and permitting policies could be just as messy and unruly as the old ones.
The idea behind the NIETC is a noble one: to help facilitate the construction of badly needed transmission capacity to relieve congestion problems and improve reliability. In fact, the promotion of new infrastructure investment is at the heart of EPACT. But there’s just one problem. The new process for permitting and siting electric transmission under EPACT appears to be as flawed and contentious as it was pre-EPACT.
(January 2007) PNGC Power promoted Tom Haymaker to vice president of power supply. Calpine Corp. announced that Larry B. Leverett joined the company as senior vice president, gas trading. ITC Holdings Corp. announced that William J. Museler has been appointed to its board of directors. Sierra Pacific Resources announced that William D. Rogers has been named to the new position of vice president, finance and risk, and Corporate Treasurer. And others...
NARUC President James Kerr seeks harmony among an unruly bunch of state regulators.
As NARUC president, James Yancey Kerr II brings a federalist philosophy that emphasizes state and local sovereignty—and consensus among state regulators.
An analysis of current valuation trends explains why some assets command better values than most.
Average North America power-plant asset value is at $725/kW.1 Compared with our winter 2005-2006 analysis, this figure has barely changed; however, we have seen significant value movements based on region, fuel, and asset types.
The recovering merchant sector leads earnings improvements in the third quarter.
Although total revenues were up by almost 5 percent for the third quarter of 2006 over Q3 2005, operating income and net income were up by 22.82 percent and 80 percent, respectively.
New provisions nearly eliminate the financial impacts of the rule’s ozone regulations.
As of 2009, annual caps on NOx emissions imposed by the Clean Air Interstate Rule (CAIR) nearly will eliminate the financial impacts of CAIR’s ozone provisions. What does this mean for your utility?