Financial players bring credit depth to energy markets, but will they play by the rules?
People for December 2003.
Wall Street bankers say utilities are not effectively telling their story.
A close look at the effect of the dividend tax cut reveals a disappointing investor reaction.
Chicken Little has cornered the market on gas price doom and gloom, but the data is inconsistent on whether high gas prices are here to stay.
The commission nails companies, but orders payments.
Forecasters seem at odds over timing for recovery of power prices and earnings.
Can RTO market monitors really be independent?
The Federal Energy Regulatory Commission (FERC) initiatives on regional transmission organizations (RTOs) and standard market design give new prominence to the market monitoring institution (MMI), a novel regulatory tool never before contemplated in legislation.1
NRG's bankruptcy is challenging creditors' resolve to back merchants until power prices rebound.
A common complaint in the last few months by would-be buyers of merchant assets has been that all the choice power plants have been pledged as collateral to commercial banks in order to stave off bankruptcy. That's why not many transactions have taken place, merchant asset buyers say, as everything else in the market isn't worth the price being offered.
For small to midsize utilities, the costs and burdens of being a stand-alone investor-owned utility merit considering the alternatives.
A pressing question for many utilities-particularly small to midsize utilities-is whether to remain a standalone publicly owned company at their current form and size. Do the benefits outweigh the costs?