Wall Street Journal - Eastern Edition. 8/26/2008, Vol. 252 Issue 48, pB3. 0p. 1 Black and White Photograph.
Prices and Electricity
The article reports on the decision of France to allow Electricité de France (EDF) to raise the tariffs it charges to industrial and commercial power users. EDF sells electricity to business in France at below market rate that was set by the French government. The European Commission has been pressuring the French government to give the system of setting prices which are below market rates.
Price increases, Prices, Energy industries, Electricity, and Coal
The article reports that China increased electricity prices for the second time in two months, highlighting its problems in supplying its booming economy with energy in 2008. The National Development and Reform Commission announced a price increase of 0.02 yuan per kilowatt-hour or about 5%. Retail prices remained unchanged to protect consumers and business from higher costs but the rise affects grid operators in the middle. In July 2008, electricity prices were already raised by 4.7%, which was not enough to cover costs for coal to generate electricity.
Prices, Gas prices, Consumers -- United States, and Electricity
Reports the impact of the increase in gasoline prices to consumers in the northeast part of the United States as of March 20, 2000. Source of its electricity; Effect of setting market electricity prices to its cost of energy.
Reports on the agreement of Cinergy Corp. to reimburse a number of the power marketers whose electricity contracts were not honored during July 1999's heat wave in the Midwest. Details on the contracts; Outlook for the electricity market in the United States.
Focuses on the soaring prices of electricity as the demand for current and air conditioning increase. Implication of the price increase; How the exchanges in current become possible in late 1990s; Question raised for the regionalization of electricity supply.
Computers, Prices, Errors, Electricity, and Prevention
Reports that ISO New England Inc. will eliminate design flaws and human errors that caused incorrect pricing on its computers. Effect of the mistake in pricing on energy traders; Comments from Philip J. Pellegrino, company president; Role of the company's spot market on New England's electricity.
Electric industries, Prices, Government policy, and Electricity
Focuses on the electricity crisis in New England. How grid operators warned power suppliers concerning its system for buying and selling of electricity on the spot market; Comments from Dan Allegretti, vice president of government affairs for Enron Corp.; Details on the market system; Benefits of the emergency rules filed.
Reveals that the United States (U.S.) Federal Energy Regulatory Commission staff has recommended limits on the price of electricity in California despite contrary position of U.S. Energy Secretary Spencer Abraham.
Reports on the actions taken by authorities in California to fix the state's troubled energy market on December 27, 2000. Appeal made by Governor Gray Davis to United States (U.S.) President Bill Clinton; Details on a lawsuit filed by Edison International's Southern California Edison Co. unit against the U.S. Federal Energy Regulatory Commission to lower wholesale electricity prices; Reasons for the actions taken. INSET: California's December Chaos.
Reports on the efforts of the United States Federal Energy Regulatory Commission to ease the price hike in California's deregulated electricity market as of December 18, 2000. Benchmark price suggested by the commission; Impact of high electricity prices in the whole-sale power market on the state's utilities; Accusations against the commission; Results of the commission's efforts.
Associations, institutions, etc., Prices, and Electricity
Reports on the decision of the California Independent System Operator to abandon the price-cap system in managing the price of electricity. Significance of the move; Electricity problem in California; Reasons for abandoning the pricing system.
Commercial products, Prices, Cotton prices, Coffee, Natural gas, and Electricity
Reports on the growth of electricity and natural-gas prices in the United States as of November 2000. Effect of low storage levels of natural gas on its price; Prices of coffee futures released by the Coffee, Sugar and Cocoa Exchange; Updates on the prices of other commodities.