Metering Costs And Demand Response

Chris King at eMeter sends me the following information as a follo-up to Vernon’s and my oped today: Re your editorial, the equipment cost hierarchy you presented is debatable. Regarding load control, the expense is higher than implementing advanced metering, since the device cost is about the same (around $50), but installation is much more … More Metering Costs And Demand ResponseMore Metering Costs And Demand Response

My Conversation With Don Luskin About Electricity

Yesterday I had a lovely conversation with Don Luskin while he was working on his National Review Online column and his blog post on Paul Krugman’s silly column on the blackout. It was a delightful chat about deregulation, the benefits of being more interconnected, and the value creation that comes through markets. Don said it … More My Conversation With Don Luskin About ElectricityMore My Conversation With Don Luskin About Electricity

Volatility And Electricity Trading

This New York Times article suggests that sharp wholesale electricity price spikes last Friday dissipated quickly, and did not result in a lot of profits for the traders. … More Volatility And Electricity Trading

Active Retail Demand Response Can Reduce Power Line Construction

NIMBY concerns threaten to stymie attempts to build more power lines, which is one reason why we should enable customer retail demand response as a tool to empower consumers and to stabilize the grid. … More Active Retail Demand Response Can Reduce Power Line Construction

Smith And Kiesling In The Wall Street Journal

Vernon Smith and I have a commentary in today’s Wall Street Journal (subscription required). A systematic rethinking of the power demand and supply system — not just transmissions lines — is required to bring the energy industry into the contemporary age. Eighty-five years of regulatory efforts have focused exclusively on supply — leaving on dusty … More Smith And Kiesling In The Wall Street JournalMore Smith And Kiesling In The Wall Street Journal