Randall Parker has a nice post on nuclear power, citing a NYT oped and a study by two MIT professors. They claim that nuclear will become an economical alternative if regulation of carbon dioxide proceeds. Very interesting analysis. … More Check Out Future Pundit’s Post On Nuclear Power
I have a Reason commentary on natural monopoly theory. Excerpt: Many technological and market innovations have reduced the natural monopoly rationale for traditional electric industry regulation. For example, consider distributed generation. Distributed generation (DG) is the use of an energy source (gas turbines, gas engines, fuel cells, for example) to generate electricity close to where … More Time To Rethink The Natural Monopoly Theory Of Regulation … More Time To Rethink The Natural Monopoly Theory Of Regulation
I strongly recommend these two articles if you want a good, thorough analysis of what’s going on with electricity: This Wall Street Journal article by Rebecca Smith is a really thorough study. The main defects are transmission systems badly in need of improvement and a chaotic combination of regulated and deregulated markets. The unsteady regulatory … More Good Electricity Policy Articles … More Good Electricity Policy Articles
I was intending to comment on all of these commentaries, but some writing has come my way that has taken more time than I thought … in any case, for your convenience and my own, a compendium of commentaries: Robert Kuttner from the New York Times Saturday: no great surprise, he blames deregulation for the … More Monday Afternoon Blackout Commentary Roundup: Nyt and Wsj … More Monday Afternoon Blackout Commentary Roundup: Nyt and Wsj
I must take this opportunity to thank those of you who directed traffic this way: Tyler Cowen, Steve Verdon, and Megan McArdle aka Jane Galt all posted links to the Knowledge Problem, as well as offering their own cogent and insightful commentaries. Tyler also mentioned the Watts paper on cascading failures, and has endeared himself … More Thanks For The Links, Mates! … More Thanks For The Links, Mates!
For you techies out there, here’s a paper by Duncan Watts on cascading failures from the Santa Fe Institute [ironically, I was reading this paper for my own general edification early last week!]. And a knowledgeable reader, Eric Krieg, sends this link to a paper on high-phase power. Eric says Basically, you can pump more … More Some Technical References … More Some Technical References
Tech Central Station has a couple of electricity articles this morning: one by Vaclav Smil on the fragmented nature of our grid and the consequences of that fragmentation, and one by me on how deregulation is not to blame and how retail demand response can make the grid more reliable. … More Tech Central Station’s Electricity Articles
Some articles on the possible causes and the fallout from the blackout: Overloaded power lines in northern Ohio may be to blame, although the utility that owns and operates the lines in question thinks that their imbalances were a symptom of a larger problem: Baird said FirstEnergy is evaluating information that shows there were “unusual … More Monday Morning Blackout News Roundup … More Monday Morning Blackout News Roundup