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Regulation

Energy Trading & Marketing: The Evolution of the Deal

Energy traders and risk managers reengineered their business dealings to manage against unexpected political and financial risks posed by California and Enron in 2001.

The rules of energy market survival changed forever in 2001. California and Enron were both humbled by gyrating prices and blackouts in the Golden State, and financial misadventure dethroned the once-crowned king of energy trading. These twin events sent shockwaves through the very foundation of the energy trading and risk management establishment.
Byline: 

Richard Stavros

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How Soon They Forget

The case against re-regulating the electric industry.

Restructuring has already created a badly needed new atmosphere for the industry. There is an infusion of new thinking and vigor that portends bringing the industry's performance up to the standards of the rest of the economy. We have no reason to believe that regulation would fare better in the future than in the past. Let's go forward with electric restructuring. Unfortunately, however, it's turning out to be more difficult than we expected.
Byline: 

Charles M. Studness, Ph.D.

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Surviving and Thriving in the RTO Revolution

How to design tariffs to improve reliability and attract merchant generation.

1 A representation of a generic interconnection, with thermal, hydro, and nuclear generation sharing a grid with a winter peaking load.

2 , 93 FERC 61,294, Dec. 15, 2000.

3 For a survey of methods, see J.W. Marangon Lima "Allocation of Transmission Fixed Charges: An Overview,", Vol. 11, No. 3, 1996.

Byline: 
Rajat K. Deb, Lie-long Hsue, Alex Ornatsky, and Jason E. Christian
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Mail

Competition that causes gas transport facilities to be duplicated is ineffective, argues a reader.


Mail



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Frontlines

Frontlines

T+D Out, G+D In

Why not keep the power plants and sell off transmission instead?

Byline: 
Bruce W. Radford
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