FPA § 203(a)(1)(B): A Deal is a Deal, No Matter How Small?
With apologies to Dr. Seuss.
There are questions whether FERC and industry resources are being expended on matters once considered, and arguably should continue to be considered, de minimis.
American Transmission Company
Integrys Energy Group Agrees to Sell Upper Peninsula Power Company to BBIP
Submitted by aburr on Wed, 2014-01-29 12:38Integrys Energy Group and the infrastructure equity investment fund BBIP (Balfour Beatty Infrastructure Partners LP) entered into a definitive agreement in which Integrys will sell 100 percent of the stock of Upper Peninsula Power Company (UPPCO) to BBIP. UPPCO is a regulated electric utility business providing distribution and power supply service to approximately 52,000 residential, commercial and industrial customers in the Upper Peninsula of Michigan.
The Smart-Enough Grid
How much efficiency do ratepayers need—and utilities want?
When the applause dies down, the smart grid may turn out to be its own worst enemy. The California Independent System Operator (CAISO) explained this irony in comments it filed in May, after the FERC asked the industry for policy ideas on the smart grid.
Grid Investment & Restructuring: Two Challenges, One Solution
FERC must align the immediate self-interest of profit-maximizing entities with its own view of what is in the public interest.
Two obstacles must be overcome to achieve true competitive markets: reversal of the long-term underinvestment in transmission, and greater clarity in the legal and regulatory environments. How can the industry make the most of a somewhat defensive regulatory posture?
M&A for T&D
Grid system operators now hold the cards. That means a bidding war for talent and a new wave of mergers.
Grid system operators now hold the cards. That means a bidding war for talent and a new wave of mergers.
TBy issuing new rules for a Standard Market Design (SMD) for wholesale power, the Federal Energy Regulatory Commission (FERC) in all likelihood will usher in a new wave of utility mergers. But the pattern will differ from what we have seen in recent years.
The deals will center on the transmission sector, and take a horizontal shape, rather than vertical.
Public Power & RTOs: How To Avoid Making Swiss Cheese
Several issues need to be addressed before municipals and co-ops participate significantly in regional transmission organizations.