Power Market Seams and the Role of Arbitragers in Market Design

Michael Giberson For class tomorrow I’m reading up on things Enron and California power market melt-down related. I’m a fan, for example, of Jonathan Falk’s 2002 article in the Electricity Journal on the infamous “Smoking Gun” memo which detailed Enron’s colorfully-named trading strategies like “get shorty” and “death star.” Among other things, Falk points out … More Power Market Seams and the Role of Arbitragers in Market Design

Wind Power is Dispatchable, Down

Michael Giberson Last week the New York ISO filed proposed tariff changes with the Federal Energy Regulatory Commission to revise how it treats wind power generation in its markets.  Under the NYISO’s current rules, wind power generators are not treated as flexible resources.  When the transmission system is overloaded, other generators can be asked to … More Wind Power is Dispatchable, Down

Awol Today with a Headache

Lynne Kiesling I’m afraid I’m hitting a delay in posting the final part of my smart grid commentary because I’m battling a nasty headache. Thanks for your interest, and I’ll get it up here ASAP!