Electricity

Tim Harford Asks About Inclining Block Rates …

Lynne Kiesling … he just doesn’t realize it, or doesn’t know that it’s an established regulatory concept. Recently in his Undercover Economist blog, Tim Harford picked up on an idea floated by another FT columnist: … we need tariff schemes that encourage conservation. One option is “reverse pricing”, a simple framework that would increase the …

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Grid-connected Energy Storage Taking off

Michael Giberson Yesterday’s announcement by General Compression, Inc. and ConocoPhillips that the companies would cooperate in developing compressed air energy storage systems (CAES) in Texas is yet another indication that grid-connected energy storage is beginning to take-off. For more background on CAES see the recent article by Alexis Madrigal in WIRED, “Bottled wind could be …

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Smart Meter Vs. Standard Meter (with Photos!)

Michael Giberson Oncor has been testing smart meters in part by monitoring several several homes with side-by-side smart meter/standard meter pairs.  (See week four results from Killeen, Texas; week four results from Temple, Texas; week four results from the DFW area will be posted tomorrow, April 7, assuming Oncor sticks with their schedule.)  So far …

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“Energy Storage in the New York Electricity Markets”

Michael Giberson The New York Independent System Operator has release a report, “Energy Storage in the New York Electricity Markets” (March 2010). The report offers an overview of existing grid-connected energy storage in New York, recent developments, and potential for further changes in the next several years. It is a good basic discussion of energy …

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The Vast Electrical Sponge Provided by V2g Technology

Michael Giberson In the realm of more-enthusiasm-but-no-more-analysis for vehicle-to-grid (V2G) technology, Fereidoon Shioshansi at the EU Energy Policy Blog asks, “Will V2G Evolve Into A Great Electrical Sponge?”  He asks the question, and it is an excellent question to ask, but he doesn’t answer it. Instead we get a little taste of claims made by …

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High Bills Lead Couple to File Smart Meter Lawsuit Against Oncor

Michael Giberson Elizabeth Souder, the Dallas Morning News, reports on a lawsuit filed against Dallas-based wires utility Oncor claiming fraud and negligence associated with the company’s installation of smart meters.  The lawsuit can be viewed at the newly established website www.oncorlawsuit.com.  The suit seeks class action status on behalf “all consumers in Oncor’s service area …

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Incentives for Efficient Use of Storage in Electric Power Systems

Michael Giberson In the most recent Energy Journal, Ramteem Sioshonsi has an article examining the welfare effects of the incentives to use energy storage in electric power systems. (“Welfare Impacts of Electricity Storage and the Implications of Ownership Structure,” See volume 31:2 here.) He considers the incentives faced by consumers, generators, and merchant energy storage …

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Power Exchange Regimes in Europe

Michael Giberson At the EU Energy Policy Blog, Leonardo Meeus discusses the current organization of power exchanges in Europe. Meeus describes both private merchant exchanges and state regulated exchanges and notes the differing incentives of the two types, focusing on the effects on efficient cross-border exchange. Meeus’s post draws from his recent working paper, “Why …

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Allocating Property Rights to Wind and Solar Resources

Michael Giberson Troy Rule, a law professor at the University of Missouri, has a pair of articles applying Calabresi and Melamed’s “Cathedral Model” to rights in wind resources and solar resources.  As Rule notes, the law remains unsettled on these resource issues, but the potential for conflict increases as these resources become more frequently exploited.  …

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