I am leaving today for a week-long conference on the works of Adam Smith. There’s so much more to him than the “invisible hand” that most people associate with him, and this week will give me a chance to dig into all of that. I’ll post as possible. … More Off For A Week Of Brain Candy
The California Power Exchange will not die. After a year and a half of bankruptcy and the disappearance of anything resembling a market for electric power in California, the PX is still around. This article summarizes the soap operatic nature of its ongoing existence. The article does one thing that drives me nuts — it … More Phoenix From The Ashes, Unfortunately … More Phoenix From The Ashes, Unfortunately
A period of extreme stress in energy markets because of trading liquidity and debt problems at energy companies. There is value there, but it’s hard to see right now with so much uncertainty. … More Flux In The Electricity World
Between writing a book chapter on retail pricing, demand responsiveness and dynamic pricing in electricity, and having a contract accepted on a house, I lost last week. Wow. More to come over the next few weeks on dynamic pricing and the importance of demand response in getting efficient, integrated wholesale and retail electricity markets. And, … More Where Did Last Week Go? … More Where Did Last Week Go?