Author name: Lynne Kiesling

Boy, You Drive To The Other Side Of Lake Michigan Instead Of Reading News, And Look What Happens?

This Washington Post editorial from Monday is very good. It discusses FERC’s standard market design proposal, which is open for public comment through mid-October, and the snipey comments that state regulators have been making about it as an unbridled power grab. I think the editorial lays out the argument pretty well, although the standard market …

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Deep-water Oil Drilling

Here’s an interesting New York Times article (registration required) from Sunday on BP’s Marlin deep-water oil drilling platform in the Gulf of Mexico, and the economics of its being worth pumping. Very worth a read if you are interested in the economics of world oil markets.

Electricity Markets And Demand Response

I have a column on Tech Central Station today, on the importance of consumer choice and demand responsiveness in electricity pricing. I will have more to say on this over the next few weeks, but for now, it’s back to Adam Smith’s Theory of Moral Sentiments.

Off For A Week Of Brain Candy

I am leaving today for a week-long conference on the works of Adam Smith. There’s so much more to him than the “invisible hand” that most people associate with him, and this week will give me a chance to dig into all of that. I’ll post as possible.

Where Did Last Week Go?

Between writing a book chapter on retail pricing, demand responsiveness and dynamic pricing in electricity, and having a contract accepted on a house, I lost last week. Wow. More to come over the next few weeks on dynamic pricing and the importance of demand response in getting efficient, integrated wholesale and retail electricity markets. And, …

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