Power

Monthly Issue | May 1, 2011

Disaster Management

The events in Japan, including the catastrophic destruction of a major nuclear power station, remind us of something we don't like to think about: how to manage a physical disaster.…


TREND: Markets and Critical Materials

While China seems determined to exploit its current control over the market for rare earths and other minerals critical to high-tech and green energy technologies, and while governments engage in…


The Energy Efficiency Conundrum

At the Federal Energy Regulatory Commission, a recent decision (Order 745) mandates paying electricity customers in "organized markets" (those managed by regional transmission organizations and independent system operators) who reduce…


Supreme Court Expands Employee Rights

U.S. Supreme Court rulings in two recent cases further advance the rights of employees in disputes with employers, continuing a long-term trend in federal law on employment discrimination. Both cases—Staub…


Customers Know What Customers Know Best

Along with having a way with words, Mark Twain, the acclaimed American author and journalist, offered an insight into the business end of the energy industry when he said, "There…


Prudence: Who’s Minding the Store?

Regulation has its equations: for the annual revenue requirement, for rate design, for cost of capital, for "grossing-up" taxes. Here's another: PE + PIO + URR + CC = CO,…


How to Hire an Honest Staff

According to the U.S. Chamber of Commerce, approximately 75% of all employees steal from work in some way. What's worse is that about 30% of all corporate bankruptcies are a…