A Hope, A Wing, and A Prayer: Toward a Standard Market Design for RTOs
On the virtues and vices of ICAP, ACAP, FTRs, hubs, flowgates, DAMs, and gaming.
On the virtues and vices of ICAP, ACAP, FTRs, hubs, flowgates, DAMs, and gaming.
Retail energy markets entail a unique set of risk management challenges.
FERC's plan to expand into energy market-monitoring faces many challenges.
Taking a different view on merchant development.
How obscured spot prices, unhedgeable basis differentials, unreliable and financially insecure clearing practices inhibit market liquidity.
Energy traders and risk managers reengineered their business dealings to manage against unexpected political and financial risks posed by California and Enron in 2001.
Off Peak
December 2001
Please Pass the Potatoes
Dynegy is hungry for your attention.
Dynegy's Chuck Watson never had much of an appetite for seeing his company's name in lights.
Benchmarks
Frontlines
Camp Flowgate
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.