Perspective: FERC and the Balance of Market Power
Commission policies need to recognize customer obligations and state commission decisions.
FERC has the capability to build its market power policies on this principal. EEI urges it to do so.
Southern California Edison
Back to the Ratebase
Utilities are absorbing distressed IPPs, and raising alarm bells in the process.
In 2003, just over 1.4 GW of unregulated generating capacity was converted into rate-based assets. At least another 5.6 GW will be converted soon. What supply procurement practices are appropriate in today’s power market?
Total Recall: Will Competition Be Back?
California anticipates changes in energy policy under its new governor.
The Schwarzenegger administration’s detailed implementation plan is expected by the spring of 2004. Schwarzenegger is committed to restoring confidence in government and improving the business climate, and at the same time taking steps to increase and diversify California’s energy supply and improve the environment.
Return on Equity: A Survey of recent PUC Rulings
A Survey of Recent PUC Rulings
(November 15, 2003) With most restructuring efforts at a standstill in the energy industry, state public utility commissions (PUCs) have tended to shift their attention back to the art and science of ratemaking. For electric and gas utilities, that has meant a renewed emphasis on the mechanics of setting a maximum allowed rate of return on common equity (ROE).
Business & Money
Obtaining a position measurement in energy markets has become more complex and has increased financial risks for integrated utilities.
Business & Money
Obtaining a position measurement in energy markets has become more complex and has increased financial risks for integrated utilities.
"What's your position?" The answer to that simple question in today's energy markets is anything but simple. In fact, answering this question may be the single most difficult challenge faced by a fully integrated energy firm in its efforts to manage risk.
People
New Positions:
People
New Positions:
The Pennsylvania Public Utility Commission (PUC) appointed Thomas A. Leach to a two-year term on its Consumers Advisory Council. Leach is the business manager and financial secretary of Local Union 126, International Brotherhood of Electrical Workers.
The Politics of AMR
The industry continues to debate the costs and technology of automated meter reading, even as some regulators insist on immediate implementation.
The industry continues to debate the costs and technology of automated meter reading, even as some regulators insist on immediate implementation.
California Experiment: Dynamic Pricing for the Mass Market
Will the state launch a full-scale rollout of dynamic tariffs?
Will the state launch a full-scale rollout of dynamic tariffs?
A pilot program in California is putting dynamic pricing and advanced metering to the test.
The California Public Utilities Commission (CPUC) approved a Statewide Pricing Pilot (SPP) in March,1 at a cost of approximately $10 million, including metering, project planning, management, evaluation, and concurrent market research on non-pilot participants focused on customer preferences for rate options.2
The SPP has the following objectives:
California Experiment: Dynamic Pricing for the Mass Market
Will the state launch a full-scale rollout of dynamic tariffs?
Will the state launch a full-scale rollout of dynamic tariffs?
A pilot program in California is putting dynamic pricing and advanced metering to the test.
The California Public Utilities Commission (CPUC) approved a Statewide Pricing Pilot (SPP) in March,1 at a cost of approximately $10 million, including metering, project planning, management, evaluation, and concurrent market research on non-pilot participants focused on customer preferences for rate options.2
The SPP has the following objectives:
Plunging Wind Into the Grid
The California ISO's intermittent resource program addresses a key market barrier to wind power: how to schedule wind energy in forward markets.