Right now, I just want to link to the ERCOT incident report for Feb 26. I think it's a terrific little window on the world of electricity resource planning, and how quickly it can go to hell in a handbasket. Scroll down to the February grid event. Read the press release first, then go for the ... Read More
Archives for March 2008
From the mountains, to the valleys, to the brokers, white with foam …
Bloomberg reports that commodities plunged, heading for the biggest weekly decline in more than 50 years, on speculation a slowing global economy will curb demand for energy, metals and grains. "We started to see a speculative frenzy in commodities,'' said Brian Hicks, who helps manage $1.5 ... Read More
Weak Sister
Fitch Ratings has assigned a 'BBB' rating to Commonwealth Edison Company's (ComEd) $700 million offering of 5.8% first mortgage bonds. The rating reflects the virtual elimination of commodity price exposure and reduction in business risk that resulted from the enactment of the Illinois Electricity ... Read More
Are We There Yet?
A Competition Checklist from UtiliPoint I always avoid prophesying beforehand because it is much better to prophesy after the event has already taken place. — Winston Churchill A key article of faith is that competition leads to better outcomes than regulation. The specific benefits of ... Read More