Are banks better at trading power than utilities?
Bank of America's recent request to FERC to be allowed to trade power was yet one more reminder that a whole new class of companies are quietly positioning themselves to dominate what's left of the energy trading space after the departure of traders like Enron and Aquila.
Some thoughts on who should take the lead and how to set up financial incentives.
One of the most interesting questions that arises from federal restructuring of the electric grid, with regional transmission organizations (RTOs) and a standard market design (SMD), concerns the risk of building transmission in an RTO environment.
Why it happened? Who lost in the bust? Who will survive to build another turbine?
Positioning the risk professional in the corporate hierarchy.
Understanding how the "normal purchase and sale exclusion" under FASB 133 affects earnings volatility.
Public Utilities Fortnightly and POWERdat®
Northern gas rush proves timely for power generators.
State public service commissions are insisting that utilities adopt risk management programs, and are allowing less pass-through for those that don't.
Understanding power company volatility in the context of valuation theory.