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 MoreBad Economics, by Any Other Name, is Still Bad: APPA’s Analysis of Wholesale Electric Competition is Flawed
On 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 MoreElectric Utility Resource Planning: The Role of Competitive Procurement and Debt Equivalency, GF Energy LLC
This 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 More2005 Global Energy Decisions, “Putting Competitive Power Markets to the Test
Global 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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