CERA Home

Home > Power Reports

CERA Reports Online — Power

The reports offer an integrated view of the power business landscape, including analysis of industry structure, trends, and financial performance along the entire electric power value chain. Generation, environmental concerns, technology, transmission, and distribution of electric power are examined from a strategic perspective.
Russia: The Gas Versus Coal Question
Russian policymakers have called upon the domestic coal industry to help diversify the nation's electricity supply portfolio at a time of growing demand for power and high international gas prices. H ...
Publication Date: JUL 2007
space image
North American Transmission Business: New Opportunities, New Entrants
The uptick in transmission investment along with federal incentives for independent transmission ownership is attracting new entrants into a sector that has hitherto changed very little with the onse ...
Publication Date: JUL 2007
space image
UK Cost Recovery Of Pollution Controls At Risk
Owing to new environmental regulations which take effect in 2008, the UK power market is facing major change through shifts in the utilization of existing power generation assets. A number of last-mi ...
Publication Date: JUN 2007
space image
Coal-Fed IGCC Commercialization Faces Rising Challenges
Despite rising expectations since the 1990s, coal-fueled integrated gasification combined-cycle (IGCC) power generation is now facing several major cost, technology, and policy challenges to broad-ba ...
Publication Date: JUN 2007
space image
Arizona Blocks Transmission Line, Federal Face-Off Looms
A recent decision by the Arizona Corporation Commission to deny a construction permit for a new transmission line between Arizona and Southern California has broad implications for new infrastructure ...
Publication Date: JUN 2007
space image
China Market Commentary: Strong First Quarter Sets Stage For Continued Strong Demand
CERA expects strong oil, gas, and power demand in second and third quarters on the back of strong economic growth in the first quarter of 2007. Power supply-demand moved into balance.
Publication Date: JUN 2007
space image
China's Wind Power Boom: Gilded Age Or Gold Rush?
After years of slow development, China's wind industry is booming. In 2006 additions to wind capacity surpassed 1 gigawatt (GW), nearly doubling the installed base. For 2007 government planners fores ...
Publication Date: MAY 2007
space image
PJM's Reliability Pricing Model--Key Features
PJM Interconnection, a regional transmission organization (RTO), administers the wholesale electricity market in the US Mid-Atlantic and Midwest. PJM's Reliability Pricing Model (RPM) is a new mechan ...
Publication Date: MAY 2007
space image
North American Power Plant Values: Uncertainty And Biases Fuel Boom-And-Bust Cycles
The power industry is one of the most capital-intensive sectors of the US economy and in the past has been prone to boom-and-bust cycles in asset values. The lesson is clear: living with boom-and-bus ...
Publication Date: MAY 2007
space image
Us Power Industry Faces More Demanding Resource Planning Rules
In the United States, the rules for how power demand will be met are undergoing significant changes both in states with traditional utility regulation and in states that have restructured their power ...
Publication Date: APR 2007
space image
California Power Crisis: Contracts Aftershock
Recent court decisions raise the prospect that market-based rate transactions entered into during the US West power crisis may be modified more than six years later. This may set a precedent for regu ...
Publication Date: APR 2007
space image
Global Carbon Market Trends--Pros And Cons
As emissions trading is making its way into greenhouse gas emissions policies throughout the world, project-based mechanisms are playing a significant role in how governments and the private sector a ...
Publication Date: APR 2007
space image
Ceraweek 2007 North American Power Highlights
During CERAWeek 2007's Power Day, CERAWeek delegates heard from industry executives and government officials about their current issues, top concerns, and visions for the future.
Publication Date: APR 2007
space image
Electricity Reform Staggers On: China's Emerging Energy Policy, Part 2
The Chinese government has finally approved an electricity reform agenda, the Suggestions for Deeper Power Reform for the Eleventh Five Year Plan (2006-10), confirming the reform path of deintegratio ...
Publication Date: APR 2007
space image
China Market Commentary: Third And Fourth Quarters, 2006
China's economy continued its strong growth in the third and fourth quarters of 2006 with commensurate energy demand.
Publication Date: MAR 2007
space image
Critical Times Ahead For Alberta Power Market
The supply-demand balance in the Alberta power market is likely to be very tight during most of the next five years. Risks of shortages are rising as capacity additions are not keeping pace with the ...
Publication Date: MAR 2007
space image
A Nuclear Renaissance In Russia?
The Russian government is launching an ambitious and costly nuclear energy program that aims to revitalize the industry at a time of booming electricity demand and concern over the domestic gas balan ...
Publication Date: MAR 2007
space image
Is the Nuclear Renaissance Real?
Governments around the globe are adopting policies supporting nuclear power. Businesses are taking action. These and other signposts are evidence that the much-talked-about nuclear renaissance is rea ...
Publication Date: FEB 2007
space image
New 'Oportunidades' for Energy Consumers in Mexico
On January 24 Mexico's President Felipe Calderón announced an upgrade to the social development program called Oportunidades, which currently serves 5 million of the country's poorest families i ...
Publication Date: JAN 2007
space image
Energy Independence
A cry for "energy independence" is being heard across the nation, and loudly so in Washington. In a Wall Street Journal Opinion Page essay, CERA Chairman Daniel Yergin argues that if independence is ...
Publication Date: JAN 2007
space image
What Way Out? The Report of the Iraq Study Group and the New Urgency
Over a nearly nine-month period, the bipartisan Iraq Study Group analyzed the US role in Iraq and concluded that the escalating violence there puts a stark choice before the US government: Despite di ...
Publication Date: DEC 2006
space image
Canada's Luxury of Choice: Clean Power Generation for a New Era
In most of the larger Canadian provinces reserve margins are now tightening significantly, requiring new choices to be made on fuels to meet future power generation needs. These decisions will be mad ...
Publication Date: DEC 2006
space image
Peru Power Profile
CERA is pleased to present a Peru power sector profile in a user-friendly PowerPoint format, part of a series of profiles that also includes Colombia, Ecuador, and Venezuela. These profiles will prov ...
Publication Date: DEC 2006
space image
Bounding the Possible: China's Emerging Energy Policy, Part 1
China is emerging-slowly-from several years of an energy policy vacuum. Policymakers are now searching for new answers to long-deferred questions: the extent of state ownership, the scope of market p ...
Publication Date: DEC 2006
space image
Mexico's Energy Policy Team Completed: A Change in Path?
On December 2 Jesus Reyes Heroles was appointed general director of Pemex and Alfredo Elias Ayub was ratified to continue serving as director of CFE. Both individuals have a long government career co ...
Publication Date: DEC 2006
space image
Does Earnings Quality Matter in the Power Business?
Earnings quality matters in the power business. An analysis of the market-to-book ratios of 63 power companies reveals that the top third in terms of earnings quality are valued at a 21 percent premi ...
Publication Date: DEC 2006
space image
Brazil Eighth Round: Campos Excluded for the First Time
Brazil Eighth Round: Campos, Casualty of Energy Security StrategyFor the eighth Brazilian round on November 28-29, 2006, the government has surprised the market by its unexpected decision to significantly reduce the area offered compar
Publication Date: NOV 2006
space image
Dancing in the Dark
At 9:38p.m. on Saturday, November 4, 2006, Europe suffered yet another major blackout. Although the blackout was short-lived, at about one hour long, it was extensive, affecting around 10 million peo ...
Publication Date: NOV 2006
space image
Energy Security in a Fragile World
Energy Security in a Fragile WorldFor years, energy security was defined as the availability of adequate supplies at affordable prices. For producing countries, energy security now also means the long-term availability of customers wil
Publication Date: NOV 2006
space image
California Resource Adequacy: Gravitating Toward Discriminatory Capacity Markets
California Resource Adequacy Regulation: Short-term Solutions with Long-term ImplicationsA central challenge for California is how to achieve a measured pace of growth of electricity supply so as to avoid shortages similar to what trig
Publication Date: NOV 2006
space image
Mergers in North American Power: States Raise the Bar
It is apparent from analyses of utility merger activity in 2006 that, in spite of the repeal of the Public Utility Holding Company Act (PUHCA), the bar has been raised for successfully consummating a ...
Publication Date: OCT 2006
space image
Volatility Calmed in China's Energy Markets
Quarterly Market Commentary: Return to Stable FootingPersistently rapid economic growth during the first half of 2006 has allowed little relief for China's energy markets. A long-anticipated "soft landing" has yet to play out, compromi
Publication Date: OCT 2006
space image
Ecuador's Correa a Challenge to Development Path?
Ecuador's Presidential Elections: A Reformist Illusion?The rise of Rafael Correa, a radical national-populist candidate, in Ecuador's presidential race has caused international concern at many levels. Ecuador's voters are turning to Ra
Publication Date: OCT 2006
space image
Energy in Ukraine: Ongoing Opportunities and Challenges
Energy and the Ukrainian Economy: Obstacles and Opportunities AheadThe gas standoff in January 2006 between Russia and Ukraine resulted in a price increase for imported gas that has raised fundamental questions about the future of Ukra
Publication Date: OCT 2006
space image
Mexico Election Results Final, But Still Challenged
Mexico's Elections Officially Reach the Grand Finale: A Political Juggling ActMore than two months after Election Day, Mexico's Federal Electoral Tribunal declared Felipe Calderón Hinojosa the elected president. The decision offic
Publication Date: OCT 2006
space image
Brazil's Presidential Election: Pragmatism and Energy Challenges
Brazil's Presidential Election: Pragmatism on the Eve of Energy Supply ChallengesOn October 1, 2006, Brazil will elect its next president for a four-year term. The race has narrowed to two candidates: the current president, Luiz Inacio
Publication Date: SEP 2006
space image
Chile Power Profile
The following country profile for Chile was last updated in September 2007.
Publication Date: SEP 2006
space image
IT Standards Success and Failure: Revealing the Differences
Predicting the Success and Value of E&P Data StandardsLack of standardization of information technology systems has long been recognized as a cost carried by the industry. One estimate places the total value of such nonstandardizat
Publication Date: SEP 2006
space image
Phase 2 NAPs: EU Commission's Initial Reaction Expected Shortly
"After the Summer NAP: Waiting for the Wake-up Call?After a long summer with limited progress on the National Allocation Plans (NAPs) for phase 2 of the EU Emissions Trading Scheme, all eyes are now on the European Commission. CERA's a
Publication Date: SEP 2006
space image
Turkey: The Next Growth Market for Power Investors?
Can Turkey Attract a New Wave of Investments?As growth opportunities diminish in Europe's mature power markets, investors are turning their attention to markets with higher growth potential at the edge of the European Union. Turkey in
Publication Date: SEP 2006
space image
 
 


About CERA
Careers @ CERA
Expertise
Contacts and Locations
Related Websites
News
Expert Interviews
Research Highlights
Press Coverage
Recent Articles
Press Releases
Help
Key Features
Frequently Asked Questions
Site Map
Policy
© CERA 2008
Privacy & Integrity
Terms of Service
Web Site Privacy
Terms of Use
IHS Energy
CERA Home
© 2008 CERA.
All Rights Reserved.