Archive for July, 2009

h1

Pixies US tour

July 28, 2009

Lynne Kiesling

Just a quick follow-up to Mike’s weekend post about the Pixies: they have announced some US dates on their current tour (sorry, Mike and Craig, none in Texas):

November:

4 The Palladium, Los Angeles, CA – on sale TBA
8 Fox Theater, Oakland, CA – on sale August 16
9 Fox Theater, Oakland, CA – on sale August 16
12 Paramount Theatre, Seattle, WA – on sale August 1
13 Paramount Theatre, Seattle, WA – on sale August 1
14 Hult Center, Eugene, OR – on sale August 14
16 The Fillmore, Denver, CO – on sale September 12
20 Aragon Ballroom, Chicago, IL – on sale September 12
21 Aragon Ballroom, Chicago, IL – on sale September 12
23 Hammerstein Ballroom, New York, NY – on sale August 14
24 Hammerstein Ballroom, New York, NY – on sale August 14
25 Hammerstein Ballroom, New York, NY – on sale August 14
27 Wang Center, Boston, MA – on sale September 12
30 Constitution Hall, Washington, D.C. – on sale September 11

Yay!

h1

Retailing gasoline: At least twice a day Dan checks up on his competition

July 27, 2009

Michael Giberson

An article from the San Bernardino, CA, The Sun offers a glimpse at the retail gasoline world from the retailers point of view: checking up on the competition twice a day, worried about being a penny or two too high in price, the pluses and minuses of accepting credit cards, negotiating with his wholesale distributor over the cost of gasoline.  Better than your average newspaper story.

h1

A Monday morning smart grid roundup

July 27, 2009

Lynne Kiesling

The development and evolution of smart grid technologies, policies, and investments continues apace. Some interesting contributions to the discussion are:

  • A Popular Science article on “reinventing the grid”: Despite the over-the-top rhetoric that incorrectly focuses on “reinvention” instead of evolution, this article provides a reasonable overview of the current technology and policy issues. It starts with the by-now well-worn fact that distributed digital intelligence is crucial for managing the interconnection of variable sources, such as wind and solar. It also falls into the false trap of conflating “smart grid” with constructing more transmission capacity to reach places where wind and solar farms are likely to be most efficient and profitable. And while the article does not add anything meaningful on the potential use of price signals and transactive technology to achieve coordination, at least it does admit for “both utilities and consumers” having more informed, timely, and granular control over both electricity supply and demand.
  • A good Washington Monthly article by Mariah Blake: its hook is a really interesting discussion of the origins of Peter Corsell’s company GridPoint, but she then goes on to discuss the important institutional-regulatory-policy changes that would enable such entrepreneurs to unleash the potential value in consumer choice, digitally-enabled interconnected distributed generation, and a transactive electric power network. She also discusses the lessons we learned from the GridWise Olympic Peninsula Project. If you are looking for an in-depth profile that goes beyond the engineering, this is a good resource.
  • The IEEE’s periodical Spectrum has a special smart grid issue, with three lead articles on various aspects of smart grid technology and policy. As with the Popular Science article noted above, the focus here is more on engineering and supply than on consumer behavior, pricing, and coordination, but the articles are thorough and well-written. Their intro notes, with reference to smart grid stimulus funding, that “… all that money will be well spent only if regulators are as inventive and intelligent as transmission and distribution engineers have been.” I am concerned that the focus here is too much on a top-down paradigm of regulators manifesting their “inventiveness and intelligence” by actively putting in place regulations, rather than thinking bottom-up and focusing on changing existing regulations and removing those that pose entry barriers to many of the new transactions and new value propositions made possible by smart grid technology.

The next couple of weeks will also see more developments in the smart grid interoperability standards work. Will keep you posted if important economics understanding is part of the story.

h1

The gold in the oceans and the gold in algae biofuels

July 26, 2009

Michael Giberson

The gold in the oceans and the gold in algal biofuel have much in common. You can develop a production process in each case, but the capital and operating costs for producing each are far too high for them to be commercially viable.

I don’t begrudge anyone trying in either case to improve upon the processes. But can we please do it with a minimum of fanfare and press releases?

That’s Robert Rapier at R-Squared Energy Blog, reacting to a news story about Solix Biofuels indicating the company was about to begin “full scale commercial operation” of its plant. Apparently in this case, “full scale commercial operation” yields about 0.4 barrels of algal oil a day.

h1

Jetstream announces more utility-scale, zero-emissions hydrogen power plants

July 25, 2009

Michael Giberson

Just days after the company reportedly broke ground on their first plant in New Mexico, the Honolulu Advertiser reports that Jetstream Wind, Inc., has indicated plans to build another one of the “world’s first utility-scale, zero-emissions hydrogen power plants” at Molokai, Hawaii:

The Molokai plant, proposed by Jetstream Wind Inc., would use electricity from wind or solar or a combination of the two to separate water into hydrogen and oxygen. The hydrogen would then be burned in a turbine – similar to what is used in a natural-gas-fired power plant – and would generate enough electricity to power 6,000 homes and businesses, the company said.

The company cannot disclose the exact location on Molokai for the plant because negotiations for the site are still under way, said Xavier Marquez, Jetstream Wind Inc. chief networking officer.

The company hopes to break ground in 30 to 60 days, Marquez said.

Yet, Hawaiian Electric Co. has not had any contact with the company about selling the power generated by its proposed new plant, said Peter Rosegg, HECO spokesman.

If Jetstream Wind is going to sell power to the utility on Molokai, it will need a Power Purchase Agreement with Maui Electric Co., said Maria Tome, Hawaii State Energy Office renewable transportation energy program manager. Maui Electric is a subsidiary of HECO.

Emphasis added. Odd that they would plan to build a “utility-scale” power plant, and yet not talk to the local utility. (Apparently, they haven’t talked to New Mexico electric utility PNM, either. Also odd.)

More from the story:

“We’re the first company that had the foresight to jump on creating a combinatory system and putting the pieces together to make it viable for the public and for electrical generation,” [Henry Herman, Jetstream Wind CEO] said.

“Basically it’s 8th-grade science scaled up very, very large,” Herman said. “We need to go green to free us from our dependence on foreign oil.”

Citing proprietary concerns, Herman provided few technical details about the inner workings of Jetsteam Wind’s proposed plant in New Mexico.

The July 4 ground breaking at the Truth or Consequences, NM site was a “private ceremony,” according to the Jetstream website. Also odd.  When people build real ground breaking renewable power plants these days, a phone call or two can turn up a gaggle of celebrities and a posse of politicians with goofy green smiles for the cameras.  But not even on there website do I see a photo of this earth-shattering ground breaking event.

Hawaii blogger Ian Lind concludes, “It seems that Jetstream Wind may just be hot air.”

And when you hear the company’s CEO say things like, “We’re the first company that had the foresight to jump on creating a combinatory system and putting the pieces together to make it viable for the public and for electric generation,” it does sound like hot air.

(I posted about Jetstream a few days ago as well.)

h1

Oh! Pandora

July 25, 2009

Michael Giberson

It is late on a Friday, and I want to go to sleep. But I had Pandora on in the background while I worked on the computer, and now that I’m stopping work, I want to keep listening to the music.

It has been a long long time since over-the-air radio has kept me awake at night, wanting to hear what was next.

Tonight this is why I love Pandora: Pixies Radio.

h1

Update on my Budget customer service post

July 24, 2009

Lynne Kiesling

A follow-up on my post from earlier this week: I am happy to report that the head of Buget’s customer service has contacted me, and that the dispute is resolved, with the charge removed from my account. I appreciate his attention to the matter, and am grateful for the resolution.

h1

Still here …

July 24, 2009

Lynne Kiesling

Just taking a little break this week, spending a big chunk of time watching the Tour (my Garmin-Slipstream guys are doing great!), doing my own training for an upcoming race, reading David Hume’s Treatise of Human Nature, and trying to re-establish a more healthy, balanced relationship with my computer. Hope you all have a great weekend!

h1

Why Arizona should encourage development of a open, competitive electric power market

July 24, 2009

Michael Giberson

Stanley Reynolds and Andrew Kleit have made the case for restructuring the electric power industry in Arizona to encourage development of an open, competitive electric power market.  Good stuff.  I’d especially encourage anyone interested in electric power policy to consider the authors’ eight-point list of elements required for a competitive market (pp. 19-20).

At least on my first reading, I disagreed on only two parts of the proposal.  They recommended (p. 26) a wholesale market with no price cap, no automatic bid mitigation, and no separate capacity market; I’m inclined to favor a well-designed automatic bid mitigation rule to limit the exercise of transitory market power.  In addition, they say (p. 30) that competitive energy retail companies would have to offer net metering to allow incentives for distributed generation; in my view net metering – allowing the meter to ‘run backwards’ when the retail customer produces excess power – is too crude to support a real distributed energy marketplace. If the plan brings about  competition at the retail level, then energy retailers will compete to offer attractive pricing options to distributed energy-capable customers.

The report focuses on Arizona, but it has plenty of lessons for policy in the other 49 states… well, maybe not for a model state like Texas, but for the other 48 states.  ;)

The report is clear, concise, and thoughtful – outstanding in nearly every way.

h1

Negative power prices in ERCOT West: Charts for Jan-June 2009

July 22, 2009

Michael Giberson

Below are three charts showing data on ERCOT West zone power prices for the January-June 2009 period.  The charts were derived from data provided through the ERCOT website, on their “Balancing Energy Services Market Clearing Prices for Energy Annual Report” page.

These charts were prepared in the same way, including use of the same axis scale, as earlier charts showing 2008 data in order to make comparison easier.  As discussed in this post published earlier today, average power prices are lower in 2009 than they were in 2008, but prices have gone negative less frequently this year due to the more frequent use of non-price methods of managing grid congestion.

As the histogram chart below shows when compared to its 2008 counterpart, when prices have become negative in 2009 they haven’t been quite so negative as before (likely also due to the congestion management methods used).  Last year about 70 percent of the negative prices were $-30 MWh or below.  So far in 2009 the comparable number is only 44 percent.

CHART_freq_of_neg_prices_ERCOT-WEST_by_date_2009_June

Frequency of negative prices in ERCOT West, January-June 2009

CHART_freq_of_neg_prices_ERCOT-WEST_2009_June

Frequency of negative prices by price bin, ERCOT West, January-June 2009

CHART_average_prices_ERCOT_WEST_by_date_2009_June

Daily average prices in ERCOT West, January-June 2009

Follow

Get every new post delivered to your Inbox.

Join 47 other followers