The Long and Short of Grid Congestion
FTRs make hedging possible, but can PJM ensure full funding without playing favorites?
Financial traders believe PJM’s proposal discriminates since they are more likely to hold counter-flow FTRs.
marginal
FERC's Folly
Remand Order 745, fix the compensation scheme, but retain federal jurisdiction.
Why the D.C. Circuit should rehear the appeal of FERC Order 745, and how it should rule.
Pricing Social Benefits
Calculating and allocating costs for non-traditional utility services.
Alternative ways to calculate utilities’ costs of service allow policy makers to achieve social goals in a way that’s fair and economically efficient.