FPA

Commission Watch

Is the "pathway concept" the answer to Virginia's qualms?


Is the "pathway concept" the answer to Virginia's qualms?

PJM, at its annual meeting, announced a plan to integrate ComEd into PJM by Oct. 1, pursuant to FERC's April 1 order, despite Virginia's saying no to membership by American Electric Power (AEP) or any other jurisdictional utility, according to PJM spokesman Ray Dotter. PJM introduced the "pathway concept" as a way to work around that state while the jurisdictional issues are being fought at FERC. (May 16 was the deadline for filings at FERC on whether the integration can proceed.)

Commission Watch

Is the "pathway concept" the answer to Virginia's qualms?


Is the "pathway concept" the answer to Virginia's qualms?

PJM, at its annual meeting, announced a plan to integrate ComEd into PJM by Oct. 1, pursuant to FERC's April 1 order, despite Virginia's saying no to membership by American Electric Power (AEP) or any other jurisdictional utility, according to PJM spokesman Ray Dotter. PJM introduced the "pathway concept" as a way to work around that state while the jurisdictional issues are being fought at FERC. (May 16 was the deadline for filings at FERC on whether the integration can proceed.)

Back to the Drawing Board

Executive and academic views on what to fix and what's not broke.

The sound and fury over trading scandals, credit defaults, and market manipulation so far has drowned out much of the mind-numbing debate over a standard market design (SMD), and rightly so. Utilities understand (as does the press) that Enron, "Deathstar," and "Get Shorty" will always sell more newspapers than locational pricing or congestion management.

Absolute Power

Reviewing FERC's omnipotence over markets.

Reviewing FERC's omnipotence over markets: Market players like Calpine say standard market design (SMD) and RTO issues "while laudable and important objectives … will do little to enhance wholesale competition if contract sanctity is not assured."

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.

Perspective

The FERC didn't say, but honest lawyers want to know.

December was a grim month for those wanting the Federal Energy Regulatory Commission to further define the limits of a "sham transaction," as that idea is understood under the Federal Power Act, which dictates when an electric utility must offer transmission services to power producers, marketers or other utilities.fn1 Of the three cases concerning this issue that were pending before the FERC on the first day of the month, all were resolved. But none was explained.

One case was simply withdrawn.

FERC Asserts Jurisdiction in Nontraditional Mergers

The Federal Energy Regulatory Commission has approved three orders that together clarify the Commission's jurisdiction over corporate realignments.

The FERC found on April 30, that while it does not have jurisdiction over mergers of public utility holding companies, it does have jurisdiction over transfers of control (dispositions) of public utility facilities.