Federal Energy Regulatory Commission

The King is Dead! Long Live the King!

Enron's fall finds FERC toying with cost-based rates. But let's temper the nostalgia.

Enron may not be dead, but its death rattle is certainly being heard loud and clear. If Enron ever was king, will the new king be a scion that also is an aggressive advocate of deregulation? Or, will it be an aged consort, who yearns to return to the "just and reasonable" standard for rate regulation?

Who’s Minding The Grid?

Some argue that gas pipelines might substitute … but … nothing will do away with the need for more transmission.

Our nation’s transmission infrastructure is increasingly unable to meet new demands for power created by rapidly changing electricity markets. Although reliability protocols ensure against catastrophic failure, there is ample evidence today that the grid is too congested.

Waiting to Exhale

Courts Deliberate on the Fate of Order 2000: The transmission industry may have to wait even longer for a final decision on challenges to Order 2000 if FERC gets its way.

Though the D.C. Circuit Court could very well add to the delay in resolving some thorny issues of Order 2000, it appears that the court has essentially given the challengers a partial victory, even before a decision is rendered.

Making Markets Work: How ISO Rules Still Cause Problems

How obscured spot prices, unhedgeable basis differentials, unreliable and financially insecure clearing practices inhibit market liquidity.

To date there has been little clarity as to how the physical and financial markets would work together to eliminate the need for continued price regulation, as FERC has proposed.

Gas Marketers: Oblivious to All the Fuss

New mega-marketers, niche players emphasize opportunity.

Even when the calendar flipped to 2001 and much of the energy industry was swept into the turmoil surrounding the California electric industry restructuring fiasco, gas marketers continued to thrive in the low-supply, high-demand environment.

Perspective

When we build transmission and spread the costs, we lose the market signal of the real cost of power.

The Rules of the Grid: Transmission Policy and Motives Gehind It

Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.


 

Making sense of RTO Week, the mediation talks, and FERC's promised new rulemaking.

Dynegy's senior vice president Peter Esposito didn't think much about the celebrated mediation talks on forming a single, unified transmission grid for the Northeast U.S.

Special Report

Industry hopes its centralized assets aren't in the crosshairs.


 

Industry hopes its centralized assets aren't in the crosshairs.

When the topic of U.S. energy security comes up, OPEC typically springs to mind. Sure enough, following the Sept. 11 attacks on the World Trade Center and Pentagon, politicians and energy executives quickly rallied before the public for less reliance on oil supply from OPEC member nations, and for bolstering domestic energy production.

Perspective

Regulators will have to decide who pays to upgrade the transmission system.


By

Regulators will have to decide who pays to upgrade the transmission system.

Off Peak

Make that 2.3 cents-the miserly refund that California says it might owe for power that it sold to the Pacific Northwest.<b> </b>

Off Peak

October 1, 2001

Pennies From Heaven

 

Make that 2.3 cents-the miserly refund that California says it might owe for power that it sold to the Pacific Northwest.

Every time it rains ... it still leaves those hydro reservoirs just a little bit short.