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ISO New England draws heat for price cuts

Hoping to prevent price gouging, ISO New England retroactively cut prices for some electricity sold to it during a two-day heat wave in June-a move that steamed many traders.

ISO New England named Paul Liepe manager of customer service and training.

ISO New England named Paul Liepe manager of customer service and training. Liepe works closely with the ISO staff to identify, develop and deliver training programs on the ISO`s market system project. Liepe was most recently an independent consultant working with the National Utility Association.

Cal-ISO plans strategy to remove ancillary power price caps

The California Independent Systems Operator (Cal-ISO) is revamping the state`s ancillary services markets in hopes of lifting price caps on reserve power. If the comprehensive redesign is successful, the Cal-ISO will raise its current $250 per MW cap to $750 per MW by next summer and then higher later, said new CEO Terry Winter.

NEPOOL to use market-based rates

ISO New England and the New England Power Pool (NEPOOL) received conditional approval from FERC to transact at market-based rates.

IOUs spend on wires at home and invest in new markets abroad

The focus for most of the U.S. power industry is on divestiture, consolidation and-perhaps most impor- tantly-cost containment. Rethinking capital allocation is integral in the wake of restructuring initiatives and their continued push to competition. The variables factored into a company`s business strategies are now weighted differently, or are new ones not previously considered. The balance of future risk and reward tradeoffs depends on variables such as regulated assets vs. non-regulated ass

ISO New England selected Philip J. Pellegrino as its new president and CEO, effective...

ISO New England selected Philip J. Pellegrino as its new president and CEO, effective upon Robert E. Charpentier`s retirement Jan. 31. Pellegrino`s most recent position was senior vice president of New York Power Authority`s transmission business unit.

Load Estimation and Reallocation Enables Competition in New England

As deregulation of the electric utility industry proceeds across the United States, a broad range of challenges face today`s utilities. The realities of competition are new to formerly regulated businesses and with that reality comes the need to streamline processes and increase operating efficiencies. Gone are the days when rate increases were practically pro forma and could be structured to cover new projects and new technologies. The need for information is paramount--especially information a