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Pay-As-Bid Revisited

Many see a higher cap as a windfall for nuclear and coal.

FERC’s new rulemaking proposal would allow generators to tender supply bids higher than $1,000 per megawatt-hour, if it really costs that much to buy fuel to generate power. Some opponents say that may be OK for gas-fired turbines, but it’s not needed for nuclear or coal-fired plants.
Byline: 

Bruce W. Radford

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Topping the $1k Cap

Still Beyond the Pale?

Two decades into our grand experiment with wholesale power markets and we’re still debating the need for a cap on prices.
Byline: 

Bruce W. Radford

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Chasing the Uncatchable

Why trying to fix mandatory capacity markets is like trying to win a game of Whack-A-Mole (Parts I & II)

FERC has little to show for more than a decade of tinkering with mandatory capacity markets.
Byline: 

Delia D. Patterson and Harvey L. Reiter

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FERC Chasing the Uncatchable

Trying to fix mandatory capacity markets like trying to win at Whack-A-Mole, Part II

The proposals do not mandate participation in mandatory auction markets, much less try to set artificial floors on seller bids.
Byline: 

Delia Patterson and Harvey Reiter

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FERC Chasing the Uncatchable

Trying to fix mandatory capacity markets like trying to win whack-a-mole, Part I

FERC’s efforts to get capacity markets “right” have led to endless – and futile – tinkering. The cure proposed – making capacity auction markets mandatory – has unfortunately proved far worse than the disease.
Byline: 

Delia Patterson and Harvey Reiter

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FERC v. Ohio

Will the Feds weigh in on the great Buckeye brawl?

Ohio ratepayers could prosper if natural gas prices rise in the next few years, boosting revenues when the utilities resell into PJM markets.
Byline: 

Bruce Radford

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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.
Byline: 

Bruce W. Radford

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