EPSA
It doesn’t take a crystal ball to know that this is a rough and uncertain time. While no one ever knows how the future will unfold, the severity of today’s economic crisis lends a particularly sobering quality to these unknowns. In the electric industry, this uncertainty creates substantial challenges. This is a notoriously capital‐intensive industry […]
Read MoreOn June 1, the American Public Power Association (APPA) issued yet another report that “proves” wholesale competition in the electric industry has been a bad deal for electric consumers. This newest APPA report, “The Deregulation Penalty: Losses for Consumers and Gains for Sellers,” written by Edward Bodmer,2 purports to show that competitive electric generating companies […]
Read MoreThis report analyzes the role that competitive power has in utility resource planning and procurement, and in the utility’s own supply portfolio. In doing so, it addresses a growing issue in resource procurement — debt equivalency.
Read MoreGlobal Energy independently assessed the benefits of wholesale electric market competition, with the following findings: Consumers realized $15.1 billion in value from wholesale electric competition in the 1999-2003 study period. Competition dramatically improved the operating efficiency of power plants. Opening the PJM Interconnection to more electric supply competitors produced $85.4 million in annualized production cost […]
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