Commission

People

People for September 2003.

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

Aquila: Better Off Dead?

Bankruptcy may not be better for ratepayers.

In an ironic twist, Aquila now looks more and more like a traditional, stick-to-the-knitting electric utility. There is no longer any unregulated operation to worry about.

Gas Crisis Forum: Prices Pointing Skyward!

Gas prices are likely to remain high in the near term.

The prospects aren’t good for a dip in natural gas prices. An overview of Canadian imports, Mexican exports, LNG, the Rockies, and the overall demand for gas points to higher prices for gas in the near term.

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.

Commission Watch

The commission nails companies, but orders payments.

Nora Mead Brownell, FERC: This case more than any other makes it clear when you have as part of your business plan systemic market manipulation, you will not have market-based rate authority.

People

People for August 2003.

New positions at the Nuclear Regulatory Commission, the Organization of MISO States Inc., FPL Group Inc., and others.

People

New Positions:

New Positions:

The Allegheny Energy Inc. board of directors named Florida Power & Light Co. President Paul Evanson its new chairman, replacing the retiring Alan J. Noia. Allegheny's interim president, Jay Pifer, assumed the duties of COO at Allegheny. Evanson had been with Florida Power and Light since 1992. He will be replaced temporarily by Lew Hay, chairman and CEO of FPL Group, until a permanent replacement is found.

Frontlines

The ISO graples with the politics of scarity.

The ISO graples with the politics of scarity.

In regions that have embraced electric industry restructuring, such as New York, New England, and the mid-Atlantic states, where independent system operators (ISOs) have taken over and the standard market design (SMD) has grabbed a foothold over bulk power transactions, one fascinating question still dogs theorists and policymakers alike:

Is a power supply shortage really all that bad?