Electricity

Three Little Questions About Behavioral Energy Economics and Transactive Energy

Economics, Electricity, Technology / By

Recently I spoke at the Surge Summit event of the Illinois Science & Engineering Innovation Foundation (ISEIF). ISEIF’s mission is customer education, awareness, and engagement as Illinois implements policies enabling a digital distribution grid and transactive energy. I am honored to serve as a peer reviewer on ISEIF’s Peer Review Committee. As a lead-up to …

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The Need for Electricity Retail Market Reforms

2 Comments / Electricity, Energy markets, Politics, Regulation / By

Lynne Kiesling and I have an article in the Fall 2017 Regulation magazine asserting “the need for electricity retail market reforms” (PDF). Our general theme is, as the subtitle puts it, “An innovative 21st century retail electric power market is within reach, but won’t emerge until we ditch 20th century regulations.” We begin: School budgets always seem tight, so …

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OECD on Competition and New Electricity Business Models

1 Comment / Economics, Electricity, Technology / By

This article in the OECD Observer by Chris Pike provides a concise overview of some of the current issues and challenges that innovation is creating for existing business and regulatory models in electricity (and cites Kiesling & Munson 2016, thank you for that!). The main argument is that digital innovation is disrupting the traditional regulated retail …

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How Cool is This Liquid Battery?

1 Comment / Economics, Electricity, Technology, Uncategorized / By

Many of the prospects for a cleaner and prosperous future — autonomous vehicles, economical renewable energy, more efficient electronics — are made more likely and/or more affordable with improvements in energy storage. Tesla’s advances in the technology, form factor, and scale of production of lithium ion batteries are well known (and in fact I think …

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John Neufeld’s Selling Power: Economics, Policy, and Electric Utilities Before 1940

Economic history, Economics, Electricity / By

At the fantastic economic history website EH.net, I recently reviewed John Neufeld’s new book, Selling Power: Economics, Policy, and Electric Utilities Before 1940. TL;DR: if you’re interested in the electricity industry you should read this book, even if you aren’t an academic. You’ll gain an important historical perspective on how we got to where we are, …

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NIST Smart Grid Advisory Committee

1 Comment / Economics, Electricity, Technology / By

The electric power network is becoming increasingly digital. I started working on digital technology and smart grid topics in 2004, and served on the GridWise Architecture Council 2005-2009, focusing on enhancing understanding and use of interoperability principles in business and regulatory decisions. One of the important partners in expanding awareness of interoperability and its importance …

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Early Reactions to the Doe Grid Reliability Study

1 Comment / Electricity, Energy markets, Environmental policy / By

The much anticipated, objected to, lobbyied about, editorialized on US Department of Energy study on electric grid reliability, markets, and policy has finally been released. Finally us commenters will actually know what we are talking about. Maybe. You can find the report on the DOE website along with Secretary Perry’s cover letter. I may comment …

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Solar Eclipses and the Electric Grid: Markets and Automation

1 Comment / Economics, Electricity, Technology / By

Yesterday’s solar eclipse across the US amplified a dominant issue in electricity policy discussions over the past couple of years — does increasing use of distributed energy resources like solar photovoltaics make the grid more resilient, or does it lead to imbalance and inadequacy? In California during the eclipse (Financial Times), solar generation dropped compared to …

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Utahns Get Low-cost, Reliable Electric Power. What is Wrong with That?

1 Comment / Electricity, Regulation / By

Utah is doing just fine with monopoly electric service, says a state legislator who oversees the Utah Public Utilities Commission. The legislator, Carl Albrecht, was responding to an op-ed appearing in the Deseret News the week earlier by Ethan Dursteler and me in which we encouraged Utahns to consider retail electric competition. Albrecht is right …

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Lobbyists for Wind and Solar Energy Ready to Fight Doe Grid Policy Study

Electricity, Politics, Regulation, Uncategorized / By

Soon after Energy Secretary Rick Perry requested DOE staff to prepare a report on how public policies affected the electric power grid, lobbyists for the wind energy and solar energy industries struck back. In an op-ed appearing in The Hill, Megan Hansen and I identify why we think the renewable power industries are so sensitive …

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