August 7, 2012

Federal Government is Trying to Fix Your Car-buying Mistakes

2 Comments / Energy markets, Regulation / By

Michael Giberson One of the federal government’s first oil conservation ideas, initiated during the Ford presidency, was Corporate Average Fuel Economy (CAFE) regulation. Mostly the goal was to reduce U.S. consumption of oil as a way to reduce oil imports, though ancillary environmental benefits were also anticipated. Regulatory analysis of CAFE regulations over the near …

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Trying to Fix Ferc’s Demand Response Pricing Mistake

4 Comments / Electricity, Energy markets, Regulation / By

Michael Giberson Last year the Federal Energy Regulatory Commission ruled that RTO and ISO markets should pay retail consumers an amount equal to the market’s real-time marginal price when consumers reduce consumption at peak periods. Economically speaking, it is the wrong price. Parties opposed to FERC’s action have taken the issue to court. A group of …

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