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Episode 26 (How to Engage with Regulatory Commissioners, the Right Way)

Oct 21, 2021 |

In which we discuss state and federal energy regulation with Paul Kjellander, president of both the Idaho PUC and the National Association of Regulatory Utility Commissioners. Beyond cooperative federalism and the interface between FERC and state commissions, we dive into the problems with joining CAISO, what the future of the power grid will look like, generator-interconnection advice, the national political pastime of bashing the federal government, NARUC’s upcoming annual meeting in Louisville, Rory’s resemblance to folk-grass musician Tyler Childers, arcana of ancient Roman calendars, predictions for the winner NARUC-president Jeopardy, how energy professionals can best engage with utility commissioners and why Idaho is called the Gem State and the marketing ploy behind Boise State University’s blue football field.

Episode 21 (Bowring 2: The Monitor Is Always Watching)

May 10, 2021 |

In which we welcome PJM Independent Market Monitor Joe Bowring into the illustrious GT Power Hour Two-Timers Club to continue discussion of the compelling comments fellow club-member FERC Chairman Glick made on the previous episode, and the Monitor – as he is wont to do – happily (and ably) complies. Brace for a deep dive on the minimum offer-price rule (MOPR) in the capacity market, why FERC wants it pared back, how PJM appears likely to respond, the interaction of capacity and energy markets and what can be done to transfer generators’ reliance on capacity-market payments to actual performance in energy and ancillary-services markets. Let’s just say the Monitor and the Chairman don’t see eye to eye on several things.
It’s a pretty meaty talk that doesn’t stray far from the issues at hand, but there is some ranting and commiseration on the misery of driving the I-76 Schuylkill Expressway. Better buckle up!

Episode 20 (Glick 2: A Change Is Gonna Come… No Really, Like Now)

Apr 13, 2021 |

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 squarely on them, 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!

Episode 19 (What Really Happened in Texas?)

Mar 22, 2021 |

In which we dig into the causes of the Texas power outages in February 2021 and their potential consequences by sitting down with perhaps the one person in the world best equipped to discuss the situation: Pat Wood, who’s served as the top utility regulator both at FERC and the one state FERC doesn’t oversee, Texas. If you’re wondering what the likelihood is that Texas gets a capacity market, FERC oversight, a change in the pace of its power-generation transition or additional direct-current (DC) ties to neighboring grids, Pat’s got an answer.
But it’s also the one-year anniversary of the global pandemic, St. Patrick’s Day, Oscar’s nominees were announced – and don’t forget the return of March Madness! All receive their due attention, not to mention discussion of final requests, Cuban cigars, the famous Gruene Hall, BBQ, Mother Nature and the heartiness of azaleas.
There’s so much here, that (for the first time ever) we couldn’t keep it all to a single hour… Apparently everything is bigger in Texas – even podcasts!
PROGRAM NOTE:
The Business Insider podcast discussed during the episode can be found here: https://www.businessinsider.com/brought-to-you-by-podcast-btyb-enron-mail.

Episode 17 (The Right Manu for the Job)

Jan 20, 2021 |

In which we probe deep into the mind of Manu Asthana one year into his tenure as PJM’s president and CEO, and he proves to be up to the task – both in the interview and the job. Ranging from the MOPR, the ORDC, the NJBPU’s state-agreement approach on analyzing offshore wind and a word salad of other industry jargon to the pandemic and social-justice movements, we explore our guest’s perspectives on a wide variety of topics – and consistently return to themes of unity and equality that might be exactly the kind of leadership PJM needs right now.

Episode 16 (Season 1 Year-in-Review Holiday Special)

Dec 17, 2020 |

In which Glen and Rory mark the end of Season 1 by kicking back and reviewing the year that was in their own signature way: debating over lists! Without ruining the suspense, expect to hear about the MOPR, action on carbon and climate, the ascendancy of the Washington Football Team and the ending of the Pittsburgh Steelers’ bid for an undefeated season, a return to stronger pandemic restrictions and what that means for PJM, ELCC, nuclear-bailout scandals, interconnection frustrations, stakeholder tensions and organizational challenges at PJM. Don’t like our lists? Send us a note and tell us what we missed… Happy holidays and see you next year!

Episode 13 (One Hill of an Interview!)

Sep 14, 2020 |

In which we sit down with Calpine President/CEO Thad Hill for our first “executive interview” and end up picking his brain about everything from insights from leading the company back to private ownership in 2018 to how Vice President Biden can earn cred for his campaign’s environmental platform to whether the Ivy League or the SEC has the most insufferable fans. Oh yeah, there’s also carbon pricing, capacity markets, what’s gone wrong (and right) in California, which Pulitzer Prize-winning novel is currently on his nightstand and our requisite (but brief) ruminations on sports. It’s worth a listen during your one-hour workout.

Episode 11 (New Jersey Brand Recognition)

Jul 9, 2020 |

In which we ask Stefanie Brand, the the Director for the New Jersey Division of Rate Counsel, to not only defend her adopted state but also hold it accountable, which – as the state’s consumer advocate, she of course does with aplomb. FRR, MOPR, ZECs… they’re all here – as is the Taylor Ham/Pork Roll controversy, why everyone dumps on NJ, whether Central Jersey exists, love for New York, Pennsylvania, Jacob DeGrom and Michelle Obama, living as a Mets fan, the Jersey Shore Sound and feeling like an underdog, Eagles vs. Giants, Phillies vs. Mets (and why that’s even the question)… all-Jersey all the time on this episode. Check it while you’re chilling down the shore.

Episode 10 (Primetime Glick! FERC-Style)

Jun 25, 2020 |

In which we spend quality time with the lone Democrat at FERC, Commissioner Richard Glick, who delves deep into his relationship with the three Republicans on the Commission, how he approaches the fraught dynamics of maintaining personal relationships with coworkers with whom he’s ideologically opposed, his thoughts on minimum offer-price rules (MOPRs), his preference for a national carbon price, why the social cost of carbon should be included in judging the value of proposed pipeline projects, why sports fanaticism is the workplace is a good thing and, finally, the many contributions of the late, great George Carlin.

Episode 9 (The NOPR, the MOPR and some guy named Harper: A Chat with the Chairman)

Jun 2, 2020 |

In which we go toe to toe with the man himself, FERC Chairman Neil Chatterjee. Actually, it’s quite cordial because, as the Chairman makes clear from the jump, he likes his reputation as a “people person” and works very hard to maintain it. Also: What it was like behind the scenes during the tumultuous beginning of his tenure, if he takes any of the criticism and accusations of politicizing the office personally, why he doesn’t consider it work, when the University of Kentucky Wildcats men’s basketball team will win the NCAA National Championship again, who Bryce Harper is and where he goes to listen to the GT Power Hour.

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