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Maryland and D.C. Are the Last Bastions Now Against Exelon’s Regional Takeover

The District of Columbia and Maryland are the last hold-outs now against the proposed acquisition by Exelon Corp. of Pepco Holdings, one of the major utility companies in the mid-Atlantic and the parent company of Delmarva Power, Pepco and Atlantic City Electric. The merger would be a bad deal for ratepayers, as we detailed in […]

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Electric Grid Managers: Quasi-Public Corporations Gone Wild (and in Secret)

Electric Grid Managers: Quasi-Public Corporations Gone Wild (and in Secret)

A fact little known to most Americans is that the grid they rely on for electricity is controlled by quasi-public organizations whose lavishly paid executives and board members conduct business in deep secret. Independent system operators, or ISOs, work almost entirely behind closed doors, even though their every action affects public electricity customers of all […]

March 24, 2015 Read More →
Shenhua’s Bombshell Numbers Show China’s Coal Appetite Has Peaked

Shenhua’s Bombshell Numbers Show China’s Coal Appetite Has Peaked

When the largest coal producer in China puts out the kind of numbers China Shenhua Energy Co. just reported, it’s an unmistakable signal that the most populous country on the planet is continuing to step back from coal. In announcing its 2014 results and its 2015 business targets, Shenhua dropped some bombshells: It sees a […]

March 23, 2015 Read More →
Energy Finance 2015 Conference: U.S. Shale Gas Exports Are ‘Dead in the Water’

Energy Finance 2015 Conference: U.S. Shale Gas Exports Are ‘Dead in the Water’

The potential for exports of U.S. natural gas is not as rosy as proponents once imagined, said two panelists at this week’s New Energy Finance 2015 conference. Here’s Charlie Blanchard of Bloomberg New Energy Finance: “We don’t think that Pennsylvania gas makes it to Miami, much less Tokyo. There’s really only enough of it to […]

March 20, 2015 Read More →
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