Two FERC settlements illustrate attempts to ‘game’ demand response programs

Two settlements at the Federal Energy Regulatory Commission (FERC) made public this year involving large civil penalties illustrate how the market for demand response (DR) services could be ‘gamed’ by artificially inflating normal levels of power consumption. In the most recent settlement, the FERC reached a consent order June 7 with the Enerwise Global Technologies […]

Committee of Chief Risk Officers seeking wholesale power “passport” for ISOs & RTOs

Ten years ago this fall, in the wake of Enron’s collapse and the California power shortage, with huge questions looming about energy “deregulation,” a handful of merchant energy companies and proactive utilities launched the Committee of Chief Risk Officers  to help energy and financial managers there get a better handle on and mitigate the myriad […]

Renewable energy: advocates need to raise their ‘game’ to match fossil energy interests

With the absence of an energy discussion in this year’s presidential race, one might think the U.S. faces few, if any, substantive energy problems, or opportunities for that matter. Most energy experts agree that is not the case. Yet what constitutes a problem or an opportunity, is subject to interpretation. Rising gasoline prices, heightening unrest […]

Energy risk officers recommend risk management standards for power, gas market participants

Utilities, power suppliers and regional organizations that coordinate the flow of electricity throughout the U.S. are taking steps to better understand the creditworthiness of market participants and ways to mitigate risks inherent in the purchase, supply and transmission of electric power. The Federal Energy Regulatory Commission’s Order 741 requires initial compliance filings by Independent System […]