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The Economists: On the Future of Energy Markets

Uncertainty clouds direction of FERC’s market engineering.

The failure of California markets, Enron, and the low-point of the merchant plant business cycle has left many executives pessimistic over the prospects that true competitive markets in energy will develop. Top economists discuss the industry’s outlook.
Byline: 

Mark Hand

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The Commission: The Market's Eye-in-the-Sky?

FERC's plan to expand into energy market-monitoring faces many challenges.

The Federal Energy Regulatory Commission is positioning itself to be the preeminent energy market cop. The commission will have many challenges before it becomes successful in policing market abusers.
Byline: 

David O. Jermain

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Gas-Power Infrastructure: The Missing Link?

Presenting an option to solving electric transmission congestion.

Fixing electric transmission congestion has been dominating market design policy debates since the beginning of restructuring. Could the gas pipeline infrastructure offer a solution?
Byline: 

Ron Hrehor and Don Sytsma

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Concentrated Transmission Assets

Public Utilities Fortnightly and POWERdat®

Investment in transmission is likely to surge in the buying and selling of transmission assets and in the restructuring of the transmission business.
Byline: 

Douglas M. Logan

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FERC's California Caps: Just Smoke and Mirrors?

Industry experts debate whether so-called “price mitigation measures” miraculously solved the California crisis.

Wholesale electricity prices are lower in California than they were last May, before FERC implemented price caps. But there is widespread disagreement over whether the caps were the cause of the lower prices, or merely coincidental with other downward pressures.
Byline: 

Jennifer Alvey

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The Perils of Greenfield Gas Development

Sempra promised regulators they’d build a new utility, but Nova Scotia is still waiting.

A major gas discovery offshore Nova Scotia-3.5 trillion cf, based on conservative estimates-is generating healthy financial earnings for participating producers and pipelines. But residents and small businesses in Nova Scotia aren't seeing a molecule of gas flowing their way.
Byline: 

Mark Hand

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Pat Packs a Punch

FERC's new chairman runs roughshod over a reeling industry.

By a vote of 3-1, FERC had crowned the Midwest Independent System Operator—MISO—as belle of the ball. In so doing, it scorned the proposed Alliance Regional Transmission Organization.
Byline: 

Bruce W. Radford

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