Will liquefied natural gas catalyze a global natural gas market?
Even as critics still debate whether liquefied natural gas (LNG) can be made economical to compete against regional gas sub-markets, the growth in LNG trade has many convinced that it has the potential to create the basis for a global gas market.
In the rough-and-tumble energy biz, IT departments are paddling hard to stay afloat.
The storm that Enron ignited last fall shows little sign of abating. Information technology (IT) departments at every energy company have had to react to rapidly changing conditions, whether it be shrinking budgets or nervous workforces.
It's the Grid, Stupid!
Even the volatility is volatile. And that can play havoc with hedging.
Jeff Skilling resigned from Enron over a year ago-after power prices in markets serving California had fallen 90 percent in three months.
But in July, Bank of America won approval from the Treasury Department to offer cash-settled electricity derivatives-with a former Enron regional director at the head of the desk.
So what has changed, and what hasn't?
By Lori A. Burkhart
Gas-fired power is king today, but fuel diversity needs and new technologies may open the door for nuclear and coal.
The nation's demand for electricity is expected to grow by over 40 percent in the next 20 years, according to the Energy Information Administration (EIA). Meeting that need will require a great number of new generating plants. The burning question is, what will fuel these new plants?
State public service commissions are insisting that utilities adopt risk management programs, and are allowing less pass-through for those that don't.
Congress needs to uphold the president's designation for a nuclear waste disposal site.
Understanding how the "normal purchase and sale exclusion" under FASB 133 affects earnings volatility.
Northern gas rush proves timely for power generators.