Michael Giberson As the price of a product goes up, so does the propensity of politicians to want to do something. Gasoline prices are up, and here come the politicians. The Senate Energy Committee has announced it will be holding hearings in September. And now comes the Bush administration with a proposal to revise and …
Michael Giberson A reader points out a newspaper article that amplifies the point I was making yesterday concerning electric power markets and reliability. Peter Key writes in the Philadelphia Business Journal: Improved coordination among power-grid operators and the spread of locational pricing of electricity are two reasons why [the grid has operated smoothly during this …
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