Search Results for: "negative prices"

Bonneville Power Administration Says No to Negative Prices Again

Michael Giberson The Bonneville Power Administration (BPA) Administrator has adopted interim Environmental Redispatch and Negative Pricing Policies to deal with potential overgeneration conditions on the BPA power system. In brief, BPA plans to employ “Environmental Dispatch” rules for operating the power system in a manner conducive to BPA meeting various legal and regulatory constraints; the …

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BPA Still Won’t Pay Negative Prices to Get Wind Power Producers to Curtail

Michael Giberson From the Eugene, Oregon Register-Guard, “Critics say BPA drops ball while juggling its power“: So much electricity flooded Pacific Northwest powerlines last spring — thanks to rainy, stormy weather powering hydroelectric and wind turbines — that this spring, a federal agency wants the option of turning off wind turbines to keep the system from …

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BPA Won’t Pay Negative Prices to Get Wind Power Producers to Curtail

Michael Giberson At a December 2010 meeting, the federal Bonneville Power Agency announced that it would not pay wind power producers in its area to curtail during overgeneration events that sometimes result from the way the agency manages water flow through hydropower facilities to comply with environmental regulations. When reservoirs are full, the BPA’s dams …

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More on Wind Power, Negative Prices, Transmission, and the Production Tax Credit

Michael Giberson On the greentechmedia site: “Texas Wind Farms Paying People to Take Power“: A power producer typically gets paid for the power it generates. In Texas, some wind energy generators are paying to have someone take power off their hands. Because of intense competition, the way wind tax credits work, the location of the …

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More on Wind Power and Negative Prices

Michael Giberson Only after posting my earlier examination of the interaction of wind power, the production tax credit (PTC), and negative power prices in ERCOT did I discover a related analysis, “Curtailment, Negative Prices Symptomatic of Inadequate Transmission,” by Michael Goggin, an American Wind Energy Association analyst, that appeared in September at Renewable Energy World. …

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The Spin on Wind, Or, an Example of Bullshit in the Field of Energy Policy

The Wall Street Journal recently opined against President Obama’s nominee for Federal Energy Regulatory Commission chairman, Norman Bay, and in the process took a modest swipe at subsidies for wind energy. The context here is Bay’s action while leading FERC’s enforcement division, and in particular his prosecution of electric power market participants who manage to run afoul …

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The Case for Allowing Negative Electricity Prices – Benedettini and Stagnaro

Simona Benedettini and Carlo Stagnaro make the case for allowing negative prices in electric power markets in Europe. A few of the larger power markets in Europe allow prices to go negative, but others retain a zero price lower limit. Benedettini and Stagnaro explain both why it is reasonable, economically speaking, to allow electricity prices …

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Debating Wind Power Cost Estimates – 5

[Series header: On the Morning of October 15 the Institute for Energy Research in Washington DC released a report I’d written about the federal government’s wind power cost estimates. (Links available here.) Later that day Michael Goggin of the American Wind Energy Association, the lobbying organization in Washington DC that represents the wind energy industry, …

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Debating Wind Power Cost Estimates – 4

[Series header: On the Morning of October 15 the Institute for Energy Research in Washington DC released a report I’d written about the federal government’s wind power cost estimates. (Links available here.) Later that day Michael Goggin of the American Wind Energy Association, the lobbying organization in Washington DC that represents the wind energy industry, …

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Debating Wind Power Cost Estimates – 3

[Series header: On the Morning of October 15 the Institute for Energy Research in Washington DC released a report I’d written about wind power cost estimates sponsored by the federal government. (Links available here.) Later that day Michael Goggin of the American Wind Energy Association, the lobbying organization in Washington DC that represents the wind …

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