Lynne Kiesling I am attending a meeting of the Harvard Electricity Policy Group today and tomorrow, and am speaking on a panel about smart grid this afternoon. Thus I’m going to take this opportunity to clear some of my long-open browser tabs and offer up a selection of the readings I’ve found most interesting in …
Lynne Kiesling So far in this series I have stressed what I think are some important foundational concepts in defining smart grid, thinking about its scope and its potential for value creation, and distinguishing it as an investment category from traditional transmission construction. All of these concepts have some interaction with government policy, at either …
Recommendations for Smart Grid Policy (Part 5 of 5) Read More »
Michael Giberson As usual, Geoff Styles is worth reading: Since the administration has apparently ruled out an increase in the gasoline tax to cover declining Highway Trust Fund revenues, it’s surprising that it appears to be giving serious consideration to a proposal that would raise a hidden tax on gasoline. This is even more perplexing, …
The Ethanol Drag on Consumer Value and Government Revenue Read More »
Lynne Kiesling One of the reasons why smart grid is generating so much interest right now is its ability to enable the integration of renewable energy into the electric power network, leading to a broader generation portfolio and potentially beneficial carbon implications. Lots of the discussion of smart grid in policy and media (including places …
Smart Grid and Renewables Interconnection (Part 4 of 5) Read More »
At the prediction markets blog, Midas Oracle, Chris Masse has posted several times (here, here, and don’t miss the remarks in the comments) about the recent piece on prediction markets in The Economist. Among his recent grand pronouncements: If you are a prediction market consultant, and have nothing to say about the negative piece from …
Lynne Kiesling Digital communication capabilities in the network, including in end-use devices, provides increasingly feature-rich, mobile, and customizable ways to create consumer awareness about electricity consumption, electricity expenditure, and the environmental impact of that consumption. It also provides ways to change electricity consumption, either manually or automatically, in the home or remotely. In yesterday’s post …
Intelligent End-use Devices Make a Transactive Smart Grid Valuable (Part 3 of 5) Read More »
Michael Giberson Al Roth at Market Design, once again commenting on bidding in auctions while not intending to pay as a form of protest. (Earlier he posted on a similar tactic in an BLM oil and gas lease auction; here was my earlier post on his earlier post.) Roth cites the New York Times: article …
One Aspect of Auction Design That May Need Greater Attention Read More »
Lynne Kiesling One of the hallmarks of smart grid technology is how it enables and reduces the cost of two-way communication. In electricity as in other industries, digital communication technology makes it possible and easy to have two-way communication, and to use that communication capability to automate individual actions. As we have seen throughout society …
A Smart Grid is a Transactive Grid (Part 2 of 5) Read More »
Lynne Kiesling This week I’ll be writing a series of posts about smart grid technology, economics, and policy. The buzz around the idea of smart grid is palpable: old companies like GE and new companies like Google are changing their business models to incorporate more smart grid activities and products, entrepreneurs are exploring new products …
Smart Grid Technology, Economics, and Policy (Part 1 of 5) Read More »
Michael Giberson Al Roth at his Market Design blog draws attention to Competitive Electricity Markets: Design, Implementation, Performance, a book edited by Fereidoon Sioshansi, which contains 15 chapters on power market design by some of the best workers in the field. As Roth notes, it has been out for a year or so, and it …
Does “Competitive Electricity Markets” Want to Be Free? Read More »
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