Texas utility finds Dodd-Frank a source of frustration

Publicly owned Austin Energy grapples with new rules, reduced liquidity

Erika Bierschbach - Austin Energy
Erika Bierschbach, Austin Energy

Publicly owned utilities are an unusual creature in the US energy markets. As arms of state or local governments, they are nonprofits committed to returning excess revenues to their communities. At the same time, they trade physical power and gas and financially settled energy derivatives just like any private company, venturing into the rough-and-tumble of the markets.

So it was a surprise to many of them when the US Dodd-Frank Act, the 2010 financial reform law aimed at reining in Wall Street

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: