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PUR Guide 2012 Fully Updated Version

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ISO

Bill Hogan, Unbundled

A no-holds-barred interview with the electric industry’s chief architect of wholesale electric market design.

Category: 
People In Power
Author Bio: 

John A. Bewick is Fortnightly’s contributing editor and formerly was secretary for environmental affairs for the Commonwealth of Massachusetts. He holds advanced degrees in nuclear science and business management.

A candid commentary on current topics in electric restructuring.

Vendor Neutral

Calpine signs PPA with Public Service Company of Oklahoma; TransCanada and Ontario PowerAuthority agree to develop 900-MW gas-fired power plant; Panda selects Siemens to build combined-cycle plant; Progress Energy retires coal plants dating from 1923; Southern Company and Turner acquire 30-MW PV project; PSO begins smart meter pilot rollout; Southern California Edison contracts with Corix to install smart meters; Iberdrola USA hires Burns and McDonnell to review grid infrastructure. Plus contracts and announcements from Itron, eMeter, Echelon, Quanta Services, DNV, Metadigm, Landis+Gyr, and others.

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Homer Electric Association contracted NAES Power Contractors to install a GE LM6000 gas turbine at its Soldotna plant in Alaska.
TransCanada plans to build a 900-MW gas-fired power plant on the site of Ontario Power’s Lennox generating station near Bath in eastern Ontario.
Ocean Renewable Power began delivering electricity to Bangor Hydro from the Cobscook Bay tidal project. ORP says it’s the first grid-connected ocean energy project in the United States.
Progress Energy officially retired two coal-fired power plants, including the utility’s first coal-fired facility, the Cape Fear plant, built in 1923.
Category: 
Vendor Neutral

Federal Feud

When Revolutionary War veteran Daniel Shays led an attack on the federal Springfield Armory in January 1787—the spark that ignited the federalist movement—he scarcely could’ve guessed that now, 225 years later, his spiritual descendants would still be fighting that very same battle.

Author Bio: 

Bruce W. Radford (radford@pur.com) is Fortnightly’s publisher, and Michael T. Burr (burr@pur.com) is the editor-in-chief.

The jurisdictional battle rages on, with FERC and EPA squaring off against the states.

Rate Design by Objective

Changes in regulatory requirements, market structures, and operational technologies have introduced complexities that traditional ratemaking approaches can’t address. Poorly designed rates lead to cross-subsidies, inequitable outcomes, and perverse incentives. An objective-based approach can better communicate costs to customers in a way that better serves operations and policy goals.

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Author Bio: 

Philip Q Hanser is a principal with The Brattle Group. He acknowledges the contributions of Brattle colleagues Ryan Hledik and Ahmad Faruqui, as well as Ken Costello of the National Regulatory Research Institute. He also acknowledges editorial assistance from Heidi Bishop and Shannon Wentworth at Brattle. The opinions expressed in this article are Hanser’s and don’t represent those of The Brattle Group or its clients.

A purposeful approach to setting energy prices.

Grid First, Green Second

Despite rapid development in recent years, green power sources might plateau at single-digit percentages of our total supply portfolio within a few years -- unless the utility industry changes its operating model. Former EPRI President Kurt Yeager discusses green limitations and the solutions promised by Galvin Electricity Initiative’s Perfect Power System.