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6 result(s) for "Isser, Steve"
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The Price is Right?
The Supreme Court recently heard legal arguments on the fate of FERC Order 745, one of the most highly contested cases on electric utility regulation to come before the High Court in years, if not decades. Order 745 is the controversial ruling, issued in March 2011 by the US Federal Energy Regulatory Commission, in which FERC decided to treat the resource of demand response as if it were the same as generated power. The case has come before the Supreme Court on appeal from the US Court of Appeals for the D.C. Circuit, which had vacated FERC Order 745 as an unlawful attempt by the commission to extend its regulatory reach to activities outside its jurisdiction. Historically, short-term demand for electricity has been relatively inelastic. Time-of-use rates, combined with smart meters and modern communications technology, were thought to be a means to encourage customer response to price.
Trade Publication Article
What is demand response?
I use DR as a term covering me spectrum of dispatchable measures (the term \"active demand response\" is used in a similar fashion) that reduce load for specific periods when called. Using my terminology, load management (also referred to as \"passive demand response\") refers to measures that encourage participants to voluntarily shift load from one period to another. The key is \"control.\"
Enron's battle with PECO
For all the attention focused on new laws and regulations designed to create competition in electric power markets, too few people seem to grasp how a market can work. That will change, however, now that Pennsylvania is the first large state to embrace market pricing. Pennsylvania's lawmakers and three of its five utility commissioners have developed a market to deliver the benefits of competition to consumers. Rather than guarantee politically attractive rate reductions, the Pennsylvania Public Utility Commission, led by Commissioner John Hanger, has challenged market focus to deliver more savings than contemplated in any supposed guarantee. The PUC's decision in the PECO Energy restructuring case provides a guidepost for utility commissions around the nation for dealing with electric restructuring.