California's Transmission Takeover: Avoiding a Showdown at the FERC
News Analysis
And in Texas, all customer information flows through ERCOT.
Texas thinks it has the right formula for retail choice.
News Analysis
And in Texas, all customer information flows through ERCOT.
Texas thinks it has the right formula for retail choice.
Fortnightly
I wanted deregulation. But not if we can't do it right.
As an economist, I confess I failed to predict the disaster in California. But I wasn't the only one. Anybody who tells you differently is either lying, fooling himself, or guilty of Monday morning quarterbacking.
News Digest
Frontlines
Très Riches Heures
How to price energy during a stage 3 alert?
You know the painting. Les Très Riches Heures du Duc de Berry. You probably saw it first in Janson's "History of Art", in a college survey course.
1 "Load-serving entities" are firms that serve retail electricity customers. These firms include utilities and power marketers.
2 See L.D. Kirsch, "ISO Economics: How California Flubbed It on Transmission Pricing", Public Utilities Fortnightly, Oct. 15, 1998, p. 24.
3 See J.E. Bowring and R.E. Gramlich, "The Role of Capacity Obligations in a Restructured Pennsylvania-New Jersey-Maryland Electricity Market", Electricity Journal, November 2000, pp. 57-67.
News Digest
News Digest
Transmission & ISOs
Policing the Markets
The California ISO offers a plan, but some fear that rules themselves are the problem.
News Digest