Business & Money
The venerated process may get a makeover.
Like dough in the hands of a crazed pizza chef, merchant power generators have been tossed and turned in tumultuous markets over the past two years. Further uncertainties over market restructuring have pushed many merchants to the brink of despair-and beyond.
But on June 10, 2003, a glimmer of hope appeared at the Federal Energy Regulatory Commission (FERC), and it came from an unexpected source: Entergy Services Inc., the holding company for Entergy's regulated utilities.