USATODAY.com - Energy Deregulation: Is It Friend Or Enemy? energy deregulation Is it friend or enemy? energy deregulation Is itfriend or enemy? By Thomas A. Fogarty and Edward Iwata, USA TODAY. http://www.usatoday.com/money/covers/2002-05-16-enron-california-hearings.htm
Extractions: Home News Money Money briefs Markets Markets Report Most active stocks World stocks Commodities ... Key interest rates Investor Research Stock Screener Mutual funds screener Get a Quote Managing Money Columns and tips Financial calculators CD and loan rates Calendars Economic Company Special Sections Autos Small Business Careers Network USA TODAY Travel Interactive Money eXchange Talk Today Sports Life ... Weather Site Web Click here to get the Daily Briefing in your inbox 05/15/2002 - Updated 10:07 PM ET Energy deregulation: Is it friend or enemy? By Thomas A. Fogarty and Edward Iwata, USA TODAY California's electric power crisis reverberated on Capitol Hill Wednesday as attorneys for fallen energy giant Enron acknowledged deception in past electricity trading practices, and a key federal regulator vowed to make Western energy markets fair. "This is not what I have in mind when I talk about the benefits of a competitive energy market," said Patrick Wood III, chairman of the Federal Energy Regulatory Commission (FERC), which regulates the wholesale power market. Read more below Audio The Arthur Andersen trial Impact to reverberate from Wall Street to D.C.
Extractions: Vernon L. Smith and The Market Laboratory (10/9) Vernon Smith, professor of economics and law at George Mason University, has won this year's Nobel Prize in Economics for his pioneering work in experimental economics. Mr. Smith's experimental economics uses real economic agents facing real choices and with the potential to earn real money payoffs to create data on economic choices and incentives Full Text Smith Bio Smith Bio (pdf) Smith CV ... Exclusive Interview
EU: Energy Deregulation May Be Bad News For Nuclear Power EU energy deregulation May Be Bad News For Nuclear Power. By Tony Wesolowsky.The European Union is moving quickly toward deregulating http://www.rferl.org/nca/features/2000/11/01112000154626.asp
Extractions: By Tony Wesolowsky The European Union is moving quickly toward deregulating and privatizing electrical utilities. The move will allow power companies to sell electricity throughout the Union and will give consumers more choice about where they get their power and how much they pay for it. But RFE/RL's Tony Wesolowsky reports the move is just one more piece of bad news for the nuclear power industry, already in decline. Does nuclear energy, with its relatively high costs and risks, have a future if private companies not governments are paying the bill? Prague, 1 November 2000 (RFE/RL) Imagine picking and choosing an electricity company in much the same way as you buy any other product. It's not as far-fetched as it sounds. The European Union's Executive Commission estimates that by 2003 third-party utilities will be responsible for about one-third of EU electricity sales. That means, electricity produced in one country could theoretically end up anywhere in the EU. For EU consumers to have their choice of electricity sources, the Union's markets will have to be liberalized that is, opened up to competition. When they are, the days when one state utility dominates its home market will likely be over.
Extractions: Challenges for Next Administration and Engineering Industries The U.S. Energy Association (USEA) and the American Consulting Engineers Council (ACEC) will hold a joint briefing on important issues in electric deregulation that affect the business environment of the energy, utility, engineering, construction, and finance industries. The electric utility industry is transforming from a regulated industry to a competitive one. The door to this restructuring was opened in 1992 by the enactment of the Energy Policy Act , which called for increased open-market generation, transmission, and distribution of electricity. Pending national and state initiatives will further expand and revolutionize the market. Impacts of deregulation have already been felt in major energy markets across the nation, as utilities, service providers, and consumers seek maximum benefit. California in particular has attracted national attention this month because of dramatically escalating electricity costs and calls for energy conservation. A review of federal and state initiatives; new role of regulators; future of electric reliability; new utility clients; industry restructuring; utility outsourcing; engineering services; and financing. Welcoming remarks: Barry Worthington, Executive Director, USEA. Speakers include: Guy Caruso
The Retail Energy Deregulation Index The Retail energy deregulation Index (RED Index) is a scorecard on the progress thatthe US, Canada, Australia, and the UK are making in implementing policies http://www.caem.org/website/credit_invoice/
Extractions: The Retail Energy Deregulation Index (RED Index) is a scorecard on the progress that the US, Canada, Australia, and the UK are making in implementing policies that would result in robust markets for retail energy and products. I want to order a RED Index product: I want immediate access to the RED Index by paying by credit card. Click here I want to be invoiced. Click here
Extractions: Today's Weather Our Best Links What We Do NEWS LIBRARY - Today's Stories - Columnists - Thornhill's View - Special Reports - Stock Prices - News Archives ABOUT US - Who's Who - Times Jobs - Contact us - Send A Letter LOCAL GUIDES - Weather - Traffic - Community Connection ADVERTISING - Classified Ads - Ad Rates WEB SERVICES - ISP Service - Sign Up - Options - Search The Web - Subscribe CIRCULATION - Subscribe - Vendors/Racks - Contact us COMMUNITY - Charities Fund - Newspapers In Education - Times Hawkers Keyword Search Associated Press HOUSTON With Enron Corp.'s collapse, the drive toward energy deregulation has lost its loudest voice and now must overcome new skepticism about the claim that consumers benefit when private companies replace public utilities. "There is going to be a loss of public trust, a suspicion that if this (Enron collapse) can happen, people can be taken advantage of," said Michelle Michot Foss, executive director of an energy institute at the University of Houston. "Enron is a giant energy company. People don't know if that's electricity, natural gas or oil. It could cause people to be concerned whether deregulation will be a smooth event," said Jim Burke, a vice president at Reliant Energy in Houston.
Extractions: 26 May 2001 Use this version to print Send this link by email On May 15 the California State Public Utility Commission (PUC) approved a sharp increase in retail electricity prices, which will result in most consumers paying between 12 and 47 percent higher rates. Beginning in June, residents and businesses in the state will pay $5.7 billion more for electricity in what amounts to a further bailout of the utility giants who pushed for the deregulation of the state's energy market. In addition to the devastating effect this will have on working people, senior citizens and the poor, agricultural firms can expect to see 20 percent increases, small businesses will see an average 37 percent hike and industrial users anticipate an increase of 49 percent. This will result in a chain reaction of higher prices for consumer goods, small business bankruptcies and the loss of tens of thousands of jobs as businesses trim costs to meet higher operating expenses. By some estimates, 135,000 workers will be sacked as a consequence of higher energy costs to industry, as well as the expected blackouts that will hit the state this summer as energy usage peaks.
New Jersey State League Of Municipalities - Energy Deregulation FACTS ABOUT THE NEW JERSEY energy deregulation LAW. The New Jersey energy deregulationbill was signed by the Governor on Tuesday, February 9, 1999. http://www.cityconnections.com/njleag/dereglaw.html
Progression Of Energy Deregulation Progression of energy deregulation. 02/01/2000. Click here to start. Tableof Contents. Progression of energy deregulation. Agenda. Wholesale. http://www.un.org/events/energy2000/speaker/mennella/
Enron's Collapse Might Slow States' Energy Deregulation With Enron Corp.'s collapse, the drive toward energy deregulation has lost itsloudest voice. Enron's collapse might slow states' energy deregulation Va. http://www.dailypress.com/news/dp-6846sy0feb11,0,5989698.story
NDP Leader Warns NB Energy Deregulation Means Disconnection For 06, 2003. February 5, 2003 NDP leader warns NB energy deregulation means disconnectionfor many FREDERICTON (CP) NDP leader Elizabeth Weir is warning energy http://www.canoe.com/AtlanticTicker/CANOE-wire.NB-Power-Delinquents.html
Connecticut Energy DeRegulation Spencer Abraham used to think the Energy Department was a waste of Governmentaltime and space. His main concern is to promote sources of energy. http://www.striporama.com/edits/energy.html
Extractions: Cartoons by Elena Steier Spencer Abraham used to think the Energy Department was a waste of Governmental time and space. Now that he's Secretary of Energy, he seems to have no problem with the department. His main concern is to promote sources of energy. Who needs to conserve? Nobody. Return to Main Menu Return to Main Editorial Menu
Connecticut Energy DeRegulation Cartoons by Elena Steier. Boy, does this guy have his job cut out fromhim. The Fast Track law allowed for President Clinton to make http://www.striporama.com/edits/zoellick.html
Extractions: Cartoons by Elena Steier Boy, does this guy have his job cut out from him. The Fast Track law allowed for President Clinton to make decisions on trade which would be unassailable on a point by point basis by congress. It made things go quicker and in my humble opinion, really ought to be enacted again. Return to Main Menu Return to Main Editorial Menu
Energy Deregulation energy deregulation. Reports. Effects of Electric Utility Deregulation Backgroundand current status of the energy deregulation issue. Websites. http://www.cafca.org/resctr/r.energy_deregulation.htm
Extractions: Welcome to EnergyTradingCenter.com , where small and large consumers of electricity can realize substantial savings in their utility bills by putting their power up for bid on our energy supplier Trading Floor. We bundle your power load with other consumer loads to attract bids from multiple Energy Suppliers who visit our Trading Floor every day. What EnergyTradingCenter.com Offers For the energy consumer YOU get access to our Trading Floor for broad exposure to suppliers YOU save money and time managing your energy needs WE group you with other consumers for the best savings WE prepare all transaction documentation YOU make money on affiliate programs
Extractions: Stanford Report, October 24, 2001 Panelists maintain support of energy deregulation, criticize Gov. Davis BY ETIENNE BENSON Deregulation of the energy market is still a good idea for California despite last year's crisis, argued experts at a two-day conference at Stanford last week. "We need a system in which the private sector is dominant, not the public sector," said Jim Sweeney, expressing a sentiment shared by many conference participants. Sweeney is director of the Energy, Natural Resources and the Environment Program at the Stanford Institute for Economic Policy Research (SIEPR), senior fellow at the Hoover Institution and professor of management science and engineering at Stanford. "The state should not be in the business of producing and selling energy," agreed Milton Friedman, senior research fellow at the Hoover Institution and Nobel laureate in economics. The conference was co-sponsored by the Hoover Institution and SIEPR. Participants from academia, politics and business discussed the causes of the California energy crisis, its impact on the economy, the relationship between politics and power production, and lessons learned from California's experience with deregulation. U.S. Secretary of Energy Spencer Abraham also spoke on the importance of energy for national security.
WASHINGTON BUSINESS FORWARD - December 1999 - Preview 2000 With energy deregulation, the production of electricity the generating part ofour business - will become competitive and customers will be able to choose http://www.bizforward.com/wdc/issues/1999-12/preview2000/page07.shtml
Extractions: by John M. Derrick, Jr. Pepco's future in the year 2000 and beyond can be summed up in one word: Competition. It will be a time of dramatic change for Pepco, which has been providing electric service for more than 100 years and enjoys exclusive rights to serve customers in Washington and in our suburban Maryland region. Despite the change and the uncertainty it creates, we are strong advocates of bringing competition to our industry. We believe that competition is good for our customers and good for Pepco. Across the nation, nearly half the states, representing almost 63 percent of the national population, either have competition already or have scheduled it to start soon. With energy deregulation, the production of electricity - the generating part of our business - will become competitive and customers will be able to choose their power supplier. The delivery part of the business will remain regulated and the local utility, such as Pepco, will continue to deliver the power and maintain the lines. Deregulation is leading to fundamental changes. A handful of extremely large global companies will likely become the predominant players in energy supply, because their deep pockets will bring us new generating technologies that will help drive prices downward. This is good news for consumers. For companies Pepco's size who won't be able to compete with the economies of scale these giants bring to bear, it means we must look ahead to take advantage of a changing landscape.
Extractions: Keeping you up to speed with news and events from around the world. Front Page UK Europe North America ... World New report reveals energy deregulation will not necessarily cause nuclear danger Research into the effects of deregulation in a number of industries has concluded that there need not be excessive fear of nuclear accidents from similar restructuring of the energy industry, and that this could even bring about improvements. Scientists from the US looked at three high-technology, safety-critical deregulated industries the US aviation and railroad industries, and the UK nuclear power industry, in order to gain an insight into possible sources of risk to the US energy industry, 20% of which is nuclear. The study found no evidence of widespread safety lapses resulting from deregulation, and in the cases of air and rail, the period after deregulation was associated with improved long-term safety records. However, care needs to be taken with organisational changes, such as management, staff cuts and financial pressures, all of which can adversely affect the safety culture, says the report. We found that the rate of change with deregulation can create safety problems, especially during a transitional period, said Vicki Bier of the University of Wisconsin, Madison, one of the researchers. Those transitions could come from very rapid downsizing, or with mergers and acquisitions both of which can lead to reorganisation or job functions and responsibilities, and to rapid changes and instability.
Position Paper On The Energy Deregulation The Green Party of New Jersey Updated May 2, 1999 Position Paper on EnergyDeregulation. New Jersey's energy deregulation. David D. Gregory. http://www.gpnj.org/pol_energy.htm
Extractions: Position Paper on Energy Deregulation Meetings and Events Join Us News Update 10 Key Values ... 1998 Green Party Candidates New Jersey's Energy Deregulation David D. Gregory Background: Energy Policy Consumption of non-renewable fuels is climbing and reserves are rapidly diminishing. This global industrial metabolism is deeply flawed, resulting in immense negative consequences, from pollution and social conflicts to economic and military impacts. We believe that a new energy policy is critical to these issues of economic, ecological and cultural sustainability. Our goal is a transition to a more efficient use of energy, a structured deregulation and decentralization which allows a diverse, dynamically stable, and adaptable system of power generation from new sources which are non-polluting, highly efficient, safe, and reliable. Our policies support research on the development of solar photovoltaics, fuel cell technology, hydrogen fuels, wind, hydro, and gas turbine co-generation. Deregulation All 50 states are deregulating their utility companies, hoping to increase competition and reduce rates for their citizens. The trend has great possibilities, and problems. With full disclosure about sources of power, removal of government subsidies and regulatory loopholes, the true costs of power generation will become apparent, opening a gateway for alternative energy suppliers. In California, "net metering" has already brought renewable energy systems into a far greater number of households, businesses, and institutions. It also allows consumers to boycott Nuclear Power Plants.