Michael Giberson Today’s edition of Power Markets Week quotes me on the topic of resolving seams between RTO power markets. (I don’t have a link, the newsletter is by subscription only.) In the nature of shameless self-promotion, I’ll quote the interesting parts (i.e. the paragraphs mentioning me), along with only as much extraneous information as …
Michael Giberson You’ve heard the old joke about the weather, right? — everybody talks about the weather but nobody ever does anything about it. Well now you* can do more than just talk about the weather, you* can bet** on it. *By “you” I mean, “accredited investors with a minimum net worth of $1 million,” …
Michael Giberson A couple of weekends ago I took a quick trip from Lubbock to Austin to visit my brothers and their families, the first time I’ve taken that trip since I moved back to Texas from Virginia. I knew a few wind turbines had popped up since my last drive down US 84, perhaps …
Texas Court Favors Wind Turbines over Claims of Spoiled Views and Nuisance Noise Read More »
Michael Giberson Geoffrey Styles offers some perspective on the Vitol S.A. affair. (Vitol was indirectly revealed to have had a rather large position in NYMEX’s oil contracts when the CFTC reclassified a single trader from “commercial” to “non-commercial.” The CFTC did not name Vitol, but enough information was available that industry insiders were able to …
Useful Perspective on Speculation in Oil Markets Read More »
Lynne Kiesling The latest issue of MIT’s Technology Review has a profile of GridPoint and its founder, Peter Corsell. Peter’s commentary in that issue discusses the importance of applying information technology in the electric power system. There’s also a good video profile, which I recommend to you.
Lynne Kiesling Pandora is a vast online radio resource, with many subscribers who are huge fans of its services. But it may go out of existence in the near future as a consequence of Internet royalty payments: Pandora — practically the poster child for online radio — says it will shut down if royalty rates …
Will Pandora Be an Internet Radio Royalty Casualty? Read More »
Lynne Kiesling One of my favorite things about our house renovation is the spiffy, brandy-new Kitchenaid refrigerator that you can see in the corner of this kitchen photo: It’s well-designed, it’s energy-efficient, it keeps our food and drink beautifully … and, because I am particular about mineral and biological tastes in water, I love its …
Lynne Kiesling At Econbrowser, Jim Hamilton has a very thorough post on the economic consequences of falling oil prices. Consumer confidence, inflation, GDP, Fed policy, … and his conclusion is not very optimistic in the short run. In fact, here’s a question for you: will the short-run and long-run adaptations of consumers and producers actually …
The Consequences of Falling Oil Prices, and the Benefits of High Oil Prices Read More »
Lynne Kiesling At some point recently in my various travels, I managed to make it into my office, where I found a large envelope with a book in it. My book! Titled Deregulation, Innovation and Market Liberalization: Electricity regulation in a continually evolving environment: Over the past 50 years the US economy has experienced economic …
Lynne Kiesling OK, I *love love love* my job, love being an economist, love teaching, love talking to policymakers and firms about technology and policy … but I am having serious career envy of Lisa Gold (as represented at her new blog), who did research for Neal Stephenson’s Baroque Cycle trilogy. If I got this …
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