Looking for fingerprints left in the data

Michael Giberson Ray Fisman writes in Slate about recent research showing stock price movements before CIA-sponsored political coups that suggest insiders in the intelligence community were trading on classified information: A recent study by economists Arindrajit Dube, Ethan Kaplan, and Suresh Naidu argues that those in on the planning process also profited handsomely. By tracking … More Looking for fingerprints left in the dataMore Looking for fingerprints left in the data

FERC pushes RTOs on demand response, shortage pricing, and other wholesale market design tweaks

Michael Giberson On October 16, FERC directed operators of regional transmission systems with integrated wholesale power markets (i.e. RTOs and ISOs) to take additional steps to accommodate participation of demand response resources, and to ensure energy pricing rules appropriately reflect shortage conditions. The new regulations also require the organizations to take actions intended to support … More FERC pushes RTOs on demand response, shortage pricing, and other wholesale market design tweaksMore FERC pushes RTOs on demand response, shortage pricing, and other wholesale market design tweaks

Price gouging: one way to avoid the law’s reach is to always charge high prices

Michael Giberson The headline of this Q & A exchange in the Orlando Sentinel gets it right: “It’s only price gouging if you do it occasionally.” Under Florida’s price gouging law, “it is unlawful to sell essential commodities, which include food, ice, lumber and gasoline, for an amount that ‘grossly exceeds’ the average price for … More Price gouging: one way to avoid the law’s reach is to always charge high prices

OPEC’s production cut + oil price decline = KP laughter

Lynne Kiesling Seriously, I laughed on Friday when I read the headlines and articles about how OPEC cut its production targets, and yet world oil prices fell. Why did I laugh? Largely because it’s a combination of factors that illustrates that market outcomes are consequences of the interplay of supply and demand. So much of … More OPEC’s production cut + oil price decline = KP laughterMore OPEC’s production cut + oil price decline = KP laughter

A roundup of sensible financial bailout commentary

Lynne Kiesling I did not link to or comment on Jacob Weisberg’s “The End of Libertarianism” Slate column last week, both because I thought it unprofessionally, factually incorrect, and because I have a strong rule about avoiding troll-feeding. But sometimes even druck and mire bring valuable results. A few folks have written thoughtful, informative, valuable … More A roundup of sensible financial bailout commentaryMore A roundup of sensible financial bailout commentary

Smart Garage: where your electric car links up with the smart grid

Michael Giberson A post by Andrew Demaria at Environmental Lovins descibes one vision for how electric cars could link up to the smart grid: As I go about my evening’s business, preparing some food before heading out to meet friends at the bar, I am oblivious to what is happening in the garage. The car … More Smart Garage: where your electric car links up with the smart gridMore Smart Garage: where your electric car links up with the smart grid

Electricity history: Edison and the light bulb

Lynne Kiesling Tuesday was the 129th anniversary of Edison’s invention of the incandescent light bulb, and Wired commemorated it with this very nice article. It tells the narrative well, from Humphrey Davy to arc lighting, with Edison using his telegraph profits to fund his research, to spending 14 months developing a light bulb that lasted … More Electricity history: Edison and the light bulbMore Electricity history: Edison and the light bulb

Offshore wind power proposal rises from the Pacific, and other offshore wind power stories in the news

Michael Giberson Typical offshore wind power projects — actually there are not enough projects in existance to talk about “typical projects”, so let’s say “typical offshore wind power proposals — envision embedding the turbines into the ocean floor. Not a problem off the U.S Atlantic Coast or in the Gulf, where the ocean is relatively … More Offshore wind power proposal rises from the Pacific, and other offshore wind power stories in the newsMore Offshore wind power proposal rises from the Pacific, and other offshore wind power stories in the news

Informing consumers about energy efficiency: viral communication

Lynne Kiesling Informing individuals about the resource use and environmental consequences of their energy consumption can be surprisingly difficult. Do you ever read the little flyers that your utility or your energy retailer puts in your bill? Nope, I don’t either. But in general we’re pretty clueless about our energy consumption, because we do not … More Informing consumers about energy efficiency: viral communicationMore Informing consumers about energy efficiency: viral communication