Another reason why retail regulation is obsolete: atrocious incentives

Lynne Kiesling While I am musing on the problems with the traditional regulatory model in electricity, as in my prior renewables feed-in reverse auction post, I am going to pile on (yes, it is like shooting fish in a barrel, but it’s the first day after a long holiday weekend, so cut me some slack, … More Another reason why retail regulation is obsolete: atrocious incentives

Is a reverse auction feed-in tariff “market-based”?

Lynne Kiesling Proponents say yes, but I’m not convinced. Here’s the story: the California Public Utilities Commission is considering some regulatory innovations to increase the share of renewables in the state’s generation portfolio, including a reverse-auction procurement solicitation for the provision of renewable power: In what might be a world first, the California Public Utilities … More Is a reverse auction feed-in tariff “market-based”?