John Shelk

Ensuring Financial Reform Helps Consumers and the Environment

President Obama recently signed into law a landmark financial regulatory reform bill that has implications for every business in the country. Reforms involving financial derivatives trading, among other things, and how companies manage their risks, were the focus of the energy and manufacturing industries. The legislation’s effects on electricity suppliers and customers, and thereby infrastructure investments and electricity prices, gained particular attention with key legislators recognizing the need to maintain financial risk-hedging tools for electricity providers.
 

Penn State Launches Electricity Markets Initiative

Academia and industry have joined forces to explore the economic and environmental benefits of competition, as well as the challenges and opportunities for Pennsylvania’s competitive electricity markets. Penn State University’s Electricity Markets Initiative (PSU EMI) will serve as a resource for state policymakers as they develop innovative electricity polices for the Commonwealth.