Last week saw announcement of the Electric Markets Research Foundation. The group plans “to fund unbiased research that will examine the track records of centralized electricity markets and traditionally regulated markets in providing affordable and reliable supplies of power as well as meeting clean energy, transmission and environmental needs.” The news release continues:
“There is a dearth of research available on this market-versus-regulation debate and little analysis has been conducted on this 50-state experiment. The Electric Markets Research Foundation intends to address this by supporting research by academics and industry experts on major electric market issues, including customer rates, reliability and service,” said Bruce S. Edelston, the foundation’s president and the driving force behind the research effort.
The governance group looks a little heavy on DC-oriented policy folks, except for Albert Danielsen, a long-time professor of economics at the University of Georgia and executive director of the Bonbright Center for Public Utilities at U. of G. I guess we’ll have to count on Danielsen to keep an eye on the lobbyists.
I’m looking forward to their efforts.