Sen. Maria Cantwell (D-WA), in a recent letter to FERC Chief Administrative Law Judge Curtis L. Wagner, argued that any refund policy adopted by the Commission must not disadvantage utilities in the Pacific Northwest because of the contractual mechanisms that they have used to acquire power to serve their customers. She also asserted that Northwest entities that have been hurt by California’s energy crisis should be eligible for refunds.
Harm
Articles from Harm
DOE: Price Caps May Do More Harm Than Good in CA
The implementation of price-cap proposals intended to aid California’s beleaguered wholesale electricity markets could lead to a significant rise in the number of power outages in the state this summer by reducing available generating supplies, according to a new report issued by the Department of Energy’s (DOE) Office of Policy. It warned that a $150/MWh “hard cap,” which some Capitol Hill lawmakers had endorsed, could idle as much as 3,600 MW of natural gas-fired capacity in California, depending on the price of natural gas this summer.
DOE: Price Caps May Do More Harm Than Good in CA
The implementation of price-cap proposals intended to aid California’s beleaguered wholesale electricity markets could lead to a significant rise in the number of power outages in the state this summer by reducing available generating supplies, according to a new report issued by the Department of Energy’s (DOE) Office of Policy. It warned that a $150/MWh “hard cap,” which some Capitol Hill lawmakers had endorsed, could idle as much as 3,600 MW of natural gas-fired capacity in California, depending on the price of natural gas this summer.
Power Breakdowns Could Spur Bad Legislation
Power breakdowns this summer could spur Congress to act onelectric restructuring legislation, but crisis legislation in anelection year could do more harm than good, two political expertstold GasMart/Power 2000 attendees yesterday.
Pipelines Favor ‘Voluntary’ Collaborative Procedures
Mandating the use of a pre-filing collaborative process fornatural gas pipelines would do more harm than good, and in the endcould thwart industry’s efforts to build enough transportationcapacity to support a 30 Tcf market by 2010, a major pipeline groupsays.