Utility Valuation: Shedding Light on the Black Box
Experts debate how energy companies should be valued in the wake of electric restructuring and Enron.
Experts debate how energy companies should be valued in the wake of electric restructuring and Enron.
Debt + secret triggers = another Enron.
What utilities ought to know before doing business overseas.
Energy traders and risk managers reengineered their business dealings to manage against unexpected political and financial risks posed by California and Enron in 2001.
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.
After the Shakeout: Another Look at the Georgia Gas Market
PUCs have yet to factor in higher risk for deregulation.
(December, 2000) Here are the results of our annual survey of authorized rates of return on common equity (ROE) for state-regulated energy utilities. This year's survey covers ROE determinations by state regulatory commissions during the period Oct. 1, 1999 through Sept. 30, 2000.
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