Jim Pierobon is Founder and principal writer of The Energy Fix. He is a policy, marketing and social media strategist who has reported on, testified and consulted about smarter grids, cyber-security as it affects the power grid, fossil fuel shortages, price spikes, energy efficiency and the rise and fall -- and the rise again of nuclear and renewable energy sources.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 [...]
Commodity risks – how energy suppliers manage them can make a big difference to markets and customers
More than a decade after the Enron debacle, one would think managing an energy company’s risks is a widely-agreed upon practice with similar types of standards. Yet with the ongoing volatility in oil and natural gas prices, accidents and ‘Acts of God’ that just keep happening and the growing interdependence in commercial markets on other [...]
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 [...]