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Gold/Mining/Energy : The New Power

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To: c.horn who wrote (70)9/6/2003 11:41:40 PM
From: Tom Swift  Read Replies (1) of 166
 
I don't think there is a simple solution.

The US grid is analogous to the German states before they were unified. There are large principalities, small fiefdoms, etc.

Some of the power companies have excellent service records and cost structures, others are lacking (FE comes to mind, but there are others). Some are trying to become pure trading/service organizations and are selling off all of their generation capacity while others like SRP have origins as farming cooperatives but are now serving urban communities. The TVA system is a huge, practically socialist, organization. It goes on and on, there is a huge variety in sizes and structures in the system.

I would like to see the Fed establish uniform intertie standards, a level playing field for energy trading, some sort of reliability standard, and remove barriers to M&A activities. I don’t want to see some sort of UBER-FERC but I would prefer to see FERC take a bigger role in the previous list while DOE is marginalized.
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