Author name: Lynne Kiesling

I received the following thoughtful analysis from Mike Giberson, an independent energy industry analyst who has been working with energy regulatory policy issues for many years. Recently, Mike returned to graduate study in economics at George Mason University to study market design at the Interdisciplinary Center for Economic Science. The more I reread his points, …

Guest Post On Puget Sound Energy’s Demand Management Program Read More »

Market-based Retail Electricity Pricing: Puget Sound Energy?s Pilot Program In all markets prices serve a valuable role in enabling exchange, and in leading to efficient outcomes and investment. Prices transmit a great deal of information about the costs and preferences of widespread and disparate economic actors, and do so very parsimoniously. This truth holds for …

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According to John Fund’s Political Diary on Opinionjournal.com today, California Governor Gray Davis showed his temper in a most appalling and embarrassing way on Friday 18 October. His outburst was prompted by a professor’s attempt to initiate a conversation about an editorial about electricity pricing in California written two days earlier by Vernon Smith, recent …

How Appalling Is This? Read More »

According to Energy Online Daily News article, the California Independent System Operator found that Duke Energy did not withold energy and cause a blackout on 8 May 2001. This ISO investigation was in response to an earlier California PUC report, on which I commented extensively (and critically) in this post.

Here and here are a couple of articles, from different perspectives, analyzing the decline in profitability in the British electricity industry over the past year. The past year has seen both a regulatory change in Britain and a decline in electricity prices, and several companies are not faring well in this economic environment. The credit …

Turmoil In The British Electricity Industry Read More »