federal power act

The GT Power Hour: Episode 29 (The Politics of Energy Generation, w. FERC Cmmsr. Mark Christie)

The GT Power Hour: Episode 29 (The Politics of Energy Generation, w. FERC Cmmsr. Mark Christie)

In which we receive several history lessons from FERC Commissioner Mark Christie on what has caused capacity markets to (so far) fail to live up to their full promise and threatens to tear regional markets apart, as well as what choices states have. From there, we consider the impact to the industry of the shale-gas revolution, get to the bottom of the tension regarding the minimum offer-price rule (MOPR), make a plea for Robert Caro to finish his LBJ biography series and the Steelers to draft Heisman-finalist Pitt quarterback Kenny Pickett to replace Roethlisberger, reminisce about the heroes of the golden age of Pittsburgh Pirates baseball and the antiheroes of the current Golden Age of Television, pay tribute to former Virginia SCC Judge Preston Shannon, discuss new year’s resolutions and Glen’s apparent love of coffee, plus much more.

The GT Power Hour: Episode 20 (Glick 2: A Change Is Gonna Come... No Really, Like Now)

The GT Power Hour: Episode 20 (Glick 2: A Change Is Gonna Come... No Really, Like Now)

In which we take a second crack at recently appointed FERC Chairman Rich Glick as he settles into his new role, and he is very clear in setting his agenda: changes are coming - and some are already here. Less than three months into his leadership, Glick’s FERC has already announced more than a dozen major changes and initiatives, some of which touch on hot-button issues - like system reliability and resource adequacy in relation to climate change - and others that focus on it, such as creating a new senior-level commission position to address environmental justice and opening an Office of Public Participation.

From PJM’s minimum offer-price rule (MOPR) to the standards for evaluating proposals for natural-gas pipelines to how power generators are compensated and whether capacity markets are essential, the chairman goes on to lay out his vision and plans going forward, as well as expected timelines. We also discuss his beloved New York Mets, his abysmal record in picking this year’s March Madness winners and his expectations on energy-related legislation coming out of Congress this session. Shorter than many of our episodes, let’s just call this one “highly concentrated” and well worth the time!