Author name: Michael Giberson

Independent Monitor Finds No Market Abuse During Ercot Rolling Blackouts on February 2

1 Comment / Electricity, Energy markets / By

Michael Giberson The ERCOT independent market monitor (IMM) has released its report on the February 2, 2011 rolling blackouts. Excerpts from the report introduction are below, but let’s get to the meat of the matter. The IMM was asked (1) whether there was any evidence that market participants tried to manipulate the market for financial …

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Montana-alberta Transmission Line Developer Wants Eminent Domain Power to Overcome Landowner’s Resistance

Electricity, Environmental policy, Law, Regulation / By

Michael Giberson The Montana-Alberta Tie Line, a transmission project linking Alberta and Western U.S. power markets, has stalled over the resistance of one landowner, who has claimed the proposed line would cross wetlands and native American heritage sites on her land. MATL tried exercising eminent domain last July to take the easement it wants, but …

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Homeowners Recoup Their Investment in PV Systems in California

3 Comments / Electricity, Energy markets / By

Michael Giberson A study by Ben Hoen, Ryan Wiser and Peter Cappers of Lawrence Berkeley National Laboratory and Mark Thayer at San Diego State University finds that, on average, the sales price of homes with PV systems is boosted enough to cover the homeowner’s own investment in the solar power system. One might, as the Berkeley Labs’ …

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Using Regulation to Raise Rivals Costs

1 Comment / Economics, Regulation / By

Michael Giberson An NPR Morning Edition story, “Indie Truckers: Keep Big Brother Out Of My Cab,” reports on a change of attitude at the American Trucking Association toward proposals for mandatory electronic logging of long-haul truck movements. This month, an industry group called the American Trucking Associations, which represents thousands of trucking companies, dropped its …

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Entergy Says It Will Join the Midwest Iso

Electricity, Energy markets, Regulation / By

Michael Giberson Entergy press release: New Orleans, La. – Entergy Corporation (NYSE: ETR) announced today that, based on comprehensive review and analysis, it has concluded that joining the Midwest Independent System Operator (MISO) will provide meaningful long-term benefits for the customers of the Entergy operating companies. The Entergy operating companies will provide detailed analysis supporting …

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U.S. Attorney General: “It is Evident That There Are Regional Differences in Gasoline Prices”

1 Comment / Energy markets, Liberty, Politics / By

Michael Giberson From the memo of U.S. Attorney General Eric Holder to the interagency Financial Fraud Enforcement Task Force: Based upon our work and research to date, it is evident that there are regional differences in gasoline prices, as well as differences in the statutory and other legal tools at the government ‘ s disposal. I don’t …

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Why Do Customers Want to Prepay for Electric Power Service?

2 Comments / Electricity / By

Michael Giberson Why would a customer want to prepay for his or her electric power service? A summary by Oracle, from a white paper describing how smart meters can enable prepaid power plans, says: Prepayment is especially popular with customers who: Have difficulty coming up with money for all the deposits typically required to rent …

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“What We Call ‘smart Metering’ Today Will Business As Usual Tomorrow.”

1 Comment / Electricity, Energy markets, Regulation / By

Michael Giberson The title is a quote from a Q&A conducted by the Financial Times Energy Source blog with a couple of top executives from smart meter maker Landis+Gyr. Part 1. Part 2. Questions were culled from suggestions from readers. First up in Part 1 are two questions from Tyler Slocum of Public Citizen: Does …

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Pandering, Politicians, and Oil Prices

1 Comment / Energy markets, Politics / By

Michael Giberson The Free Dictionary defines pandering as, among other things, “To cater to the lower tastes and desires of others or exploit their weaknesses.” Here is a new example of the common political variant of pandering: The newly organized federal Oil and Gas Price Fraud Working Group. Consumers don’t like high gasoline prices and …

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Fracking Regulation Just Became a Little Bit More Difficult

2 Comments / Energy markets, Environmental policy, Regulation / By

Michael Giberson Tuesday night a Cheasapeake Energy fracking operation in Pennsylvania suffered a breakdown resulting in the spill of thousands of gallons of fracking fluids at the drilling site and into a local stream. The news reports so far are kind of sketchy on the scope of the potential damages. They report “thousands of gallons” …

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