The moment you get home and turn on the television or pick up the newspaper, arresting headlines grab your attention. And water has been taking prime spot in breaking news – now more than ever before. Here’s just a small sample: “Texas drought forces a town to sip from a truck” (New York Times, 3… Keep reading →
Will it make a difference? Maybe. Certainly the fact that the Risky Business Project is fronted by a bipartisan and big-money bunch gives a high-profile twist to the U.S. climate-change discussion, at least in the short term. Led by former Treasury Secretary Hank Paulson, ex-New York Mayor Michael Bloomberg and hedge-fund billionaire Tom Steyer, the… Keep reading →
Dear State Public Utility Commission Chairmen and Chairwomen, Risk management isn’t a new concept for any of the utility companies you regulate, nor I’m sure, is it new for you and your team. When large storms or fires cause power outages, you monitor how quickly electric utilities return service to customers. When proposals for new… Keep reading →
Opinion: The Move From Contracted Assets to Managing Merchant Risk – Are You Ready to Capture the Upside?
By John R. KellerFor many years, the recipe for a successful and bankable investment in the power generation space called for one main ingredient; the long-term Power Purchase Agreement (PPA). The PPA was, and still is in many cases, the primary factor determining the bankability and feasibility of a project. However, in most of the deregulated US power… Keep reading →