Transmission
Contagion can spread via cross-asset links, ECB study shows
Research throws more light on the hidden risks of central clearing
Risk and abnormal returns in markets for congestion revenue rights
This paper develops a novel methodology for estimating the systematic risk of individual financial transmission rights and detecting the presence of abnormal returns among these financial instruments.
Transmission of shocks in the integrated accounting framework
This paper develops a framework based on integrated national accounting data that aims to capture linkages between different sectors of the economy. The resulting framework provides a useful platform for static policy simulations and shock transmission…
Consultancy of the year: Capgemini Consulting
German energy trading team helps deal with onslaught of renewables
FTR underfunding leaves PJM power traders out of pocket
Shortfall in biggest power market exceeds $1 billion since 2010
Research report outlines scope for Saarc power trading
Power trading across the Indian subcontinent is set to grow in size and interconnectivity, according to a GBI Research report
US power bodies call for clarity on Dodd-Frank “swap” definition
More guidance is needed from the CFTC on the definition of a swap, according to Ferc and other industry associations concerned about regulatory overlap
CFTC regulators favour extending Dodd-Frank comment period
CFTC cost and timing concerns continue; FTRs and commodity forwards exempted from swaps definition
Demand response challenges
Power to the people
Industry disputes lack of RES support in US energy bill
The latest US Senate energy bill has been criticised for omitting a renewable energy standard (RES), which drafters felt would not attract the 60 votes needed to pass the bill
New US coalition targets fair electricity transmission
The Coalition for Fair Transmission Policy (CFTP) has been launched in Washington, DC to campaign for more efficient development of the US electricity grid.
Transmission holds US wind power back despite 2009 record
Wind power is now the joint leading source of new electricity generation in the US, tying with natural gas, due to record levels of new capacity last year, according to the American Wind Energy Association (AWEA).
Ferc proposes credit reforms
The Federal Energy Regulatory Commission (Ferc) has outlined credit reform proposals aimed at balancing the need for market liquidity with appropriate risk management while ensuring reasonable rates.
Smart thinking
Updating ageing power transmission infrastructure with smart grid technology must be a top priority if the US is to meet growing demand while fully harnessing the potential of renewable energy. By Pauline McCallion