October 2009

Does Ferc Have Jurisdiction over Installed Capacity Requirements in Wholesale Power Systems?

Michael Giberson Does the Federal Energy Regulatory Commission’s (FERC) asserted authority over the Installed Capacity Requirement, on the ground that it is “a practice affecting rates,” contravene the Federal Power Act’s specific limits on FERC’s authority, and express preservation of State authority over generation facilities and system adequacy? That is the question for the U.S. …

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Did Prediction Markets Miss the Call on Chicago’s Olympic Bid?

Michael Giberson The IOC recently selected Rio de Janerio over three competing bids to host the 2016 summer Olympic games.  The Chicago bid was favored in public prediction markets, with prices at Intrade between 50 and 60 at the time of decision and prices at Betfair implying about a 50 percent chance.  Did the prediction …

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New York Politicians Want to Expand Zone Pricing Ban to Protect Wealthy Customers from Slightly Higher Prices

Michael Giberson From Newsday: Two Nassau County legislators Thursday called on the State Senate to join the Assembly in extending the ban on zone pricing for gasoline, which they said unfairly charges more in well-to-do communities than in those less so. For readers not up on their New York geography, Nassau County is the portion …

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Consumer Protection in the Texas Retail Power Market, Part 2

Michael Giberson The Dallas Morning News is back with the second half of its investigative report into consumer protection problems in the Texas retail power market.  In this article the DMN focuses on the owner of Freedom Power, one company serving the prepaid power segment of the Texas retail market. (Yesterday I commented on part …

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Is Consumer Protection Lacking in Texas Retail Electric Power Market?

Michael Giberson The Dallas Morning News has published an in-depth story detailing the apparent lack of effort put into consumer protection issues in the restructured retail power market in Texas. The story focuses on the prepaid end of the business, which mostly services customers lacking established credit and unable to post a deposit.  Rates tend …

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