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Large
marketer has ideas for livening up Virginia market
Regulators look at markets but all don't
see beauty
Markets
advocate sees NY power shopping at 45% by `07
How
did O&R get such a good open markets system?

Sarbanes-Oxley
propels World
Energy into big time
World Energy, the web-based reverse auction operator that built
a better mousetrap to find its clients the best deals for power
and gas, hasn’t rested on its laurels.
Over the last two years since we talked
to CEO Rich Domaleski and COO Phil Adams, they’ve been perfecting
their tools and finding new business niches (RT,
6/20/03).
One is a new partners business that
gives consultants and energy managers large and small tools branded
for the partner.
World Energy has an extensive database
of energy markets -- utilities and rates, 145 suppliers, user data
-- and software that runs letter-perfect, fully documented reverse
supply auctions ...
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Alternative
to Grid West advances in Portland
When the Northwest Power & Conservation Council (NPCC) gets
together, the fish people meet separately from the power people.
Then
they get together and share views.
The power people were briefed in
Portland, Ore, about an alternate group that may be coming together
to help deal with Northwestern fears of FERC.
Briefing was by Wally Gibson who
manages system analysis and generation for NPCC.
He told of the TIG website.
TIG is the Transition Improvements
Group (RT,
3/28) ...
Large
marketer has ideas for
livening up Virginia market
Setting a market-based default rate was Constellation NewEnergy’s
idea of how to spark shopping in the state’s hopelessly
stagnant retail market.
The
nation’s biggest retail power marketer urged moving large
C&Is to market-based rates in July 2007 instead of rates now
capped through 2010.
Once
Dominion Virginia Power moves into PJM the wholesale market would
be competitive, Constellation reminded.
The
State Corporation Commission staff sees a chicken/egg problem
in its annual competition report to state lawmakers.
Virginia
law requires the market to be competitive before capped rates
may end, the staff reminded ...
Regulators
look at markets
but all don't see beauty
Policymakers
in Ohio, New York, New Jersey and California revealed in April
very different priorities for their retail markets.
Speaking at NEMA’s national
meeting, only one, New York PSC Commissioner Leonard Weiss, professed
a belief in the value of choice.
One of the primary objectives of
the PSC is to “provide greater customer choice,” Weiss
said, equating more choice with greater value.
Customers have choices now “unheard
of” just a few years ago, he noted, listing renewable power,
efficiency programs and equipment service linked to supply.
It’s not just prices, he
said, because the ability to choose itself adds value ...
Markets
advocate sees NY power
shopping at 45% by `07
Ron Cerniglia admits he’s going way out on a limb predicting
shopping will grow from 7% now to 45% by the end of next year
in the state's mass market.
But he’s reassured by what
he sees as amazing progress in competitive markets.
Cerniglia has 35 employees as director of the PSC office of retail
market development.
He told NEM that the state’s
move toward full competition is the goal and the right direction.
Decisions have been issued in profusion
recently -- new hourly pricing for large users at Central Hudson,
Consolidated Edison’s new shopping plan and a new flex-rate
rule that puts marketers on an even playing field with utilities
in negotiating special rates with economic development customers
...
How
did O&R get such a good
open markets system?
Where did New York’s leading open-access utility get the
idea for the revolutionary retail shopping program that’s
now the PSC’s model for all to emulate?
A guy in the accounting office came
up with it, John McMahon, president of Orange & Rockland,
told NEMA members.
He “knew where the levers
were.”
But it took a guy like McMahon to
say OK -- someone who sees the opportunity for creativity in the
utility business and appreciates “outside-the-box thinking.”
O&R was the right place to do
it, he explained, being not too big and not too small ...
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