Blackouts, Smart Grids, and Interoperability

On Wednesday afternoon around 3:45 the power went out in areas of Manhattan and the Bronx in New York City. Although the outage lasted less then one hour, it was sufficient to cause traffic congestion and inconvenience to almost 400,000 customers on a hot, humid summer afternoon. This experience illustrates the challenges facing the electric … More Blackouts, Smart Grids, and InteroperabilityMore Blackouts, Smart Grids, and Interoperability

The KP Icelandic Saga

Lynne Kiesling I enjoyed our visit, although I don’t think I could have afforded to stay much longer! Even a Swedish gentleman sitting with us at the conference gala dinner said that Swedes think Iceland is expensive, and that’s saying something! This is my favorite picture of downtown Reykjavik (taken from the top of the … More The KP Icelandic SagaMore The KP Icelandic Saga

Internet Radio Day of Silence

Lynne Kiesling Want to listen to your favorite Internet radio today, like Soma FM or WOXY? You can’t; they are silent. This is what we can expect permanently if the proposed Internet royalty rates, which discriminate against non-broadcast, online-only stations, take effect in mid-July. Soma FM and WOXY are participating in Save Internet Radio’s Day … More Internet Radio Day of SilenceMore Internet Radio Day of Silence

Reykjavik

Lynne Kiesling Yes, we finally arrived in Iceland Thursday morning … not in Chicago fuming (fume? moi?). Strolled around Reykjavik, had a coffee, had lunch at Cafe Victor (which is in an old building in which the King of Denmark used to keep his falcons), which is a place I’d certainly hang out if I … More ReykjavikMore Reykjavik

Following Up: Perfecting Retail Markets, Pjm, Iceland

Michael Giberson Re: “The Electric Power Retail Access Hard Core” Last week I quoted from an EnergyBiz Insider column, “Perfecting Retail Markets.” Today, EnergyBiz Insider printed a letter-to-the-editor in response from Tom Casten, Chair of Recycled Energy Development LLC, a cogeneration outfit. Casten leads off with an important question: How do entrepreneurs and markets work … More Following Up: Perfecting Retail Markets, Pjm, IcelandMore Following Up: Perfecting Retail Markets, Pjm, Iceland

Still More on Secondary Ticket Markets: “Scalping Goes Upscale”

Michael Giberson If my post of last week didn’t sate your interest in economic commentary on secondary ticket markets, here is a much longer piece put out by the Arizona State University business school: “Scalping goes upscale: The secondary ticket market’s online revolution.” A sample: Software upgrades have taken much of the back-alley risk out … More Still More on Secondary Ticket Markets: “Scalping Goes Upscale”More Still More on Secondary Ticket Markets: “Scalping Goes Upscale”

Not In Iceland, Yet … Thanks to Icelandair

Lynne Kiesling Yesterday’s bad East Coast weather resulted in a ground hold for BWI flights, which resulted in our inbound Southwest flight being over two hours late. Even though I called Icelandair’s customer service and had them enter our flight number and expected arrival into our record, they gave our seats away when we didn’t … More Not In Iceland, Yet … Thanks to IcelandairMore Not In Iceland, Yet … Thanks to Icelandair

Off To Isnie Conference

Lynne Kiesling I am off today to the 2007 ISNIE meetings in Reykjavik, Iceland. The program looks great, and I am looking forward to presenting my paper on retail choice and end-use technology in electric power. I am also looking forward to seeing good friends, visiting Iceland, and maybe buying some Icelandic Lopi wool … … More Off To Isnie ConferenceMore Off To Isnie Conference

Electricity Retail Choice: Pay-As-You-Go Service

Lynne Kiesling Today’s Wall Street Journal has an excellent article from Rebecca Smith on pay-as-you-go electric service (subscription required). Mr. Price, a retired computer programmer, drops by the office of his local utility, the Sacramento Municipal Utility District, every six to eight weeks and pays enough to cover a month or two of service. The … More Electricity Retail Choice: Pay-As-You-Go ServiceMore Electricity Retail Choice: Pay-As-You-Go Service

A Game-Theoretic Analysis of Male-female Toilet Seat Behavior

Lynne Kiesling A game-theoretic analysis of one of the most enduring conflicts between men and women: toilet seat up or down? This paper in the Science Creative Quarterly provides a game-theoretic analysis that incorporates the cost of the domestic dissent, specifically, the cost to the male of the yelling that will ensue when the female … More A Game-Theoretic Analysis of Male-female Toilet Seat BehaviorMore A Game-Theoretic Analysis of Male-female Toilet Seat Behavior