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This comprehensive model of the nation's largest, most technically advanced and forward-thinking power pool - Pennsylvania, Jersey, Maryland (PJM) - provides a window on state-of-the-art solutions to complex, organizational, managerial, technical, and regulatory issues that cut across the entire industry in transition. With full cooperation from PJM, nationally recognized energy lawyer Jeremiah D. Lambert compares and contrasts PJM with other ISOs on key issues such as governance, structure and transmission pricing. Lambert's expert comparison will help readers: Successfully structure RTO or...

During the last two decades deregulation and restructuring were widely expected to transform the nation's energy industries, bringing more competitive pricing and abundant, reliable energy to the public. Instead, consumers and investors in the post-Enron era have suffered losses measured in the billions, attributable to market-rigging, accounting fraud, and business plans that were doomed to failure. In this in-depth look at the latest era of greed, the author explains how the leaders of these companies schemed, collaborated or ignored the obvious signs that signaled the oncoming failures of...