On Thursday, Texas utility regulators selected nine companies to build portions of the nearly $5 billion-worth of transmission intended to better integrate renewable power into the ERCOT grid. … More Texas regulators choose companies to build transmission to reach wind power
Updated charts and information with respect to a post presented in November 2008 on the frequent negative power prices in the ERCOT West region. … More UPDATED: Negative power prices in the West region of ERCOT in 2008
Michael Giberson WABC-TV reported Friday on what was likely the highest priced retail gasoline in the country: an Exxon station in Summit, New Jersey was offering regular grade gasoline for $4.89/gallon. According to AAA’s Daily Fuel Gauge Report, the current average price in the US is about $1.85/gallon, and the average price in New Jersey … More Most expensive gasoline in America – a zone pricing protest
Platts reports Air New Zealand told the Australian stock exchange that “unbooked hedge positions for its 2009 financial year, which runs from April 2008 to March 2009, stood at $126.39 million,” up from the $81 million report of unbooked losses reported in October for 2009. … More More on airline fuel cost hedging: Air New Zealand takes hit
No doubt most poor Bangladeshi now benefitting from the efforts of Grameen Shakti would much prefer to be in a world where their biggest problems were deciding between dishwashers and cars, rather than between kerosene and cow dung. … More Zayed Future Energy Prize awarded to Dipal Chandra Barua
Lynne Kiesling Today several items have floated across my radar screen contending that renewables are cheaper than nuclear power. Here, for example, is a snippet of a talk from Eric Schmidt of Google on the topic. I can see the possibility, given the innovations in renewables, incorporating the savings in foregone wires construction (although that … More Any good analyses comparing renewable and nuclear costs?
Lynne Kiesling One of my father’s default tag lines was “sometimes you get the bear, sometimes the bear gets you.” I use this phrase frequently when discussing hedging future price changes — if prices move in the direction you anticipated, you earn a profit, if they move in the opposite direction, you earn a loss. … More Fuel hedging: sometimes you get the bear, sometimes the bear gets you
Lynne Kiesling In the post-election show of sleeve-rolling-up meeting between Barack Obama and John McCain, their main rhetoric revolved around how they could work together to “fix up the economy”. At the time I wrote about how that language rankled me (and Russ Roberts), because the economy is not a closed-system project, and politicians who … More “Fixing” the economy: how do you “fix” an ecosystem?
What provisions might a Federal Power Act of 2009 contain? Paul Joskow offers recommendations. … More What provisions might a Federal Power Act of 2009 contain?
Falling permit prices mean that the cost of reducing carbon emissions is going down. If reducing carbon emissions is a worthy public policy goal, then attaining that goal is becoming cheaper. … More Falling carbon permit prices in Europe: Threat or menace?