Power suppliers need flexibility in securing supply arrangements and should be allowed to use risk management tools, including long-term contracts, other hedging tools and, if need be, ownership of generation, against the backdrop of state-level efforts to craft and succesfully implement retail electricity restructuring plans, said the Edison Electric Insititute (EEI) in recent comments filed with the Federal Trade Commission.
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FERC Should Expand CA-Specific Actions to Markets Nationwide
The series of actions taken by FERC last month to boost supply and encourage construction of electric and natural gas transmission facilities in California and the West in the short term are “bold” and should be implemented, but the Commission also should consider expanding the scope of the actions to apply to wholesale power markets nationwide, said the Edison Electric Institute (EEI).
April 9, 2001
CPUC Cites Dynegy; Urges FERC Keep Caps
Controversial arrangements between pipelines and marketers -similar to the one awarding Dynegy Marketing and Trade sole controlof 1.3 Bcf/d of the remaining unsubscribed capacity on El PasoNatural Gas – could proliferate if FERC should uncap prices in theshort-term capacity market without first ensuring that adequatesafeguards are in place for pipeline customers, Californiaregulators warned.
April 28, 1999
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