Become a PUF Member Organization

Federal Energy Regulatory Commission

A Year After the Blackout: On a Collision Course With History?

Grid reliability is still at risk unless the industry quickly takes action.

The blackout highlighted the growing threat of dynamic voltage problems. Technical solutions to this problem are readily available, but creative regulatory approaches are needed. Here is a case where the timeworn precept, “follow the money,” offers a winning solution for the entire array of power system stakeholders.
Byline: 

John B. Howe

Read Entire Article

People

People for September 2004

Filled positions at the California PUC, PG&E Corp., FERC, and others.
Byline: 

PUf

Read Entire Article

Irreconcilable Differences?

Imported natural gas contains more Btus and fewer impurities than the domestic variety, raising questions for LNG development.

While the gas industry is not yet ready to admit it, there may be a high price to pay to deal with the differences that come from an increase in imports of natural gas from overseas. But the alternative of not paying to avert a natural gas crisis would be irreconcilable.
Byline: 

Richard Stavros

Read Entire Article

Profit Without Costs

An analysis of participant funding in natural gas and electricity markets.

A former FERC chairman asks: Should the cost of transmission infrastructure improvements be rolled-in with the costs shouldered by utility companies and their native customers, even if those customers receive no benefit from the expenditure?
Byline: 

Curt Hébert Jr.

Read Entire Article

MISO: Building The Perfect Beast

Seams, holes, and historic precedent challenge the Midwest ISO's evolution.

As it addresses problems that contributed to last August’s blackout, the Midwest ISO struggles with staffing, “grandfathered” service agreements, and integration issues.
Byline: 

Michael T. Burr

Read Entire Article

A Market-Access Plan for Vertically Integrated Utilities

Assimilating the best of the regulated-utility and merchant models.

We propose a market-access plan (MAP) that does not advocate sweeping changes. It instead builds on existing VIU frameworks with structural improvements that are technically feasible, cost-effective, and politically practicable. The result assimilates the best of the VIU and merchant models; benefits the industry investment climate; increases the level of low-cost, efficient, and environmentally friendly power supplies; and promises to save customers millions of dollars.
Byline: 

Larry Eisenstat, Pat Alexander, and Don Gelinas

Read Entire Article

Perspective: Leave Green-Power Quotas to the States

Congress should not impose a federal renewable portfolio standard.

The adoption of an RPS by more than a dozen states has inspired and contributed to proposals for a federal green-power quota. Leave the green-power quotas to the states. PURPA should be amended to include an RPS among the retail policies that can be adopted or rejected by state public service commissions.
Byline: 

James W. Moeller

Read Entire Article

People

People for August 2004.

Positions filled at FERC, Colorado PUC, CMS Energy, and others.
Byline: 

PUF

Read Entire Article

Facing the Death Penalty

Did FERC's market power ruling go too far?

Market-based sales put at risk are the financial lifeblood of some utilities, especially those of the multi-billion-dollar, vertically integrated variety. Those that fail FERC's market-power test will be forced to sell their excess generation at cost-based rates — a "death penalty," according to some utility CEOs.
Byline: 

Richard Stavros

Read Entire Article

Natural Gas Storage: Now More Than Ever

Fundamentals in the energy markets are converging to increase the need for incremental gas storage.

The natural gas market is approaching a dramatic turning point. The fundamentals in the energy markets are converging to increase the need for incremental gas storage and the way that storage is used and valued by the customer community.
Byline: 

Jamie Craddock and Bill Hogue

Read Entire Article