Calpine

People

People for September 2003.

New positions at Mirant, Chesapeake Utilities, Mid-Atlantic Conference of Regulatory Utilities Commissioners, and others.

Economic Dispatch Redux

The venerated process may get a makeover.

While issues involving ratemaking treatment and stranded assets might prove challenging, the simple logic of expanding economic dispatch processes is difficult to fault. Now, if the industry and its regulators can accept the notion of interim measures on the road to market reform, expanded economic dispatch seems like a bankable policy trend for the near term.

Business & Money

The collapse of wholesale markets has utilities once again making the purchasing decisions, and taking all the risks.


The collapse of wholesale markets has utilities once again making the purchasing decisions, and taking all the risks.

If a common theme is emerging from the various policy directions across the country, it seems to be that responsibility for supply resources is moving away from open markets and back into the hands of load-serving utilities.

Business & Money

An evolving market demands a greater focus on power prices and required return on equity.


An evolving market demands a greater focus on power prices and required return on equity.

Valuation can be difficult even in stable markets, and executives setting their company's strategic course need to understand how the market for power projects is evolving and what may lie ahead.

Sowing the seeds for California Crisis II?

Experts say that many of the new policies by the PUC and the state legislature seem to be putting the Golden State on track for more blackouts.


Experts say that many of the new policies by the PUC and the state legislature seem to be putting the Golden State on track for more blackouts.

Although California's electricity crisis reached its worst point two years ago, utilities, consumers, and other market participants continue to fear a recurrence of the supply shortages and price spikes that added $40 billion to the cost of electricity over a horrific 13-month period.

Frontlines

Merchant plants snub the market, using native load to create their own private rate base.

Business & Money

A top investor explains what it would take for utilities to be included in one of the best-performing funds in the U.S.

Measuring Up to Jensen

 

 

A top investor explains what it would take for utilities to be included in one of the best-performing funds in the U.S.

Passing the standards for inclusion in the $1 billion plus Jensen Portfolio Fund is like being crowned the best-of-the-best in a given industry, analysts say.

The CCRO Proposal: Missing the Industry Trend

Is a proposed solution to energy-trading woes too little too late?

Is a proposed solution to energy-trading woes too little too late?

The Committee of Chief Risk Officers (CCRO) representing various utilities and merchant energy companies, recently released a set of detailed guidelines to improve the image and overall practices of energy trading, but the effort misses the mark.