Texas regulators choose companies to build transmission to reach wind power

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

Most expensive gasoline in America – a zone pricing protest

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

More on airline fuel cost hedging: Air New Zealand takes hit

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

Any good analyses comparing renewable and nuclear costs?

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?

Fuel hedging: sometimes you get the bear, sometimes the bear gets you

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

“Fixing” the economy: how do you “fix” an ecosystem?

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?