July 2009

2009 Power Prices in Ercot’s West Zone: a Mix of Wind Power, Natural Gas Prices, Transmission Constraints, and (inefficient) Congestion Management Practices

Michael Giberson ERCOT reached a new peak load record last week, beating the record set just a week before. Boone Pickens is backing off a little from earlier ambitions to build the world’s largest wind power facility near Pampa, Texas. The Wall Street Journal reported recently that low natural gas prices are limiting interest in …

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Ftc Finds No Evidence of Illegal Activity After Investigation of Western New York Gasoline Prices

Michael Giberson Apparently you just have to know who to ask. Yesterday, the FTC sent me a copy of the FTC letter to Representative Brian Higgins describing the agency’s investigation of Western New York gasoline prices last fall. (For background see this earlier post and here.) Be aware that here begins a very long post …

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Endangered Species for Sale, for Their Own Good and Ours

Lynne Kiesling At Aguanomics, David Zetland takes on a topic that I find greatly interesting and important — using private property rights to conserve endangered species, reduce poaching, and enable indigenous communities who live around such animals to thrive without species extinction as a consequence. In fact, one of my first-ever posts back in 2002 …

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Psa: Bad Customer Service from Budget Car Rental

Lynne Kiesling We interrupt our regular discussion of economics for a public service announcement: I’ve been having a horrendous customer service experience with Budget car rental. Briefly, the re-routing of my flight to Collegiate Triathlon Nationals, due to inclement weather in Dallas, meant that I had to re-reserve the rental car, and the Expedia agent …

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Punishing Gasoline Customers for Non-Existent ‘Price Gouging’ by New Jersy Station

Michael Giberson First, the news: Washington Township, N.J., gas station ordered temporarily closed for price gouging A judge on Monday [July 13] ordered the temporary closing of a Washington Township, N.J., gas station after the owners pleaded guilty to price gouging. Express Fuel on Route 31 North, south of Washington, will reopen on Monday. The …

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What’s So Funny About Generating Power from Onion Juice?

Michael Giberson In the news, many stories about the debut of a power system at Gills Onion that will produce electricity from onion-based biogas. The topic seems to have spurred extra effort to insert jokes into headlines (Don’t cry for me, California; Energy, layer by layer; From The Onion … No, Not That One), but …

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Power Consumers in Ercot Should Keep an Eye on Puct Rulemaking Project 34577

Michael Giberson Earlier in July, the Public Utility Commission of Texas issued a proposed amendment to its CREZ regulations (the regulations governing the building of transmission to better support development of renewable energy in Texas). The main focus of the proposal is to refine and clarify the process by which the Commission ensures sufficient renewable …

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