Michael Giberson Yesterday, PJM Interconnection announced the sudden retirement of CEO Phillip Harris. In a press release, the PJM board stated: We are announcing that President Phillip G. Harris has elected to retire from PJM. We want to acknowledge Mr. Harris’ considerable contributions to PJM and our industry over his many years of service. Without …
PJM’s Newly Ex-CEO: PJM Never Really Wanted a Market Monitor Read More »
Lynne Kiesling Sometimes the old ideas become new again … such is the case with chill storage or ice storage. Say you have a big high-rise building with air conditioning installed. In peak hours on hot days, your air conditioning use puts a lot of strain on the network, threatening a blackout. So if you …
Michael Giberson From The Star-Ledger: U.S. Sen. Robert Menendez today urged a federal agency to hold hearings into whether the company that runs the regional power grid is undermining the work of a monitor whose job is to guard against manipulation of electricity prices. In a letter to the Federal Energy Regulatory Commission, Menendez (D-N.J.) …
U.S. Senator Weighs in on PJM Dispute with Market Monitor Read More »
Lynne Kiesling Ted Samson at InfoWorld’s Sustainable IT blog had a pretty thorough post last week about smart grid technology and its economic and operational value. Essentially, a smart grid is an intelligent electricity-delivery system, through which energy suppliers and consumers are all interconnected through a network. Smart meters are installed at homes and business …
Lynne Kiesling Tuesday’s Wall Street Journal had an article by Rebecca Smith that discussed some of the most innovative residential electricity service offerings in the country. She accurately points out how the combination of dynamic pricing and innovative end-user technology can empower residential customers to observe their actual electricity use, control their own behavior, and …
Pricing and Technology Combine To Help Consumers Manage Energy Costs Read More »
Michael Giberson The Philadelphia Inquirer ran an excellent story about the PJM electric power market, market performance on high demand days, and the growing interest in managing demand by engaging consumers. Excerpts: It was at 4 p.m. last Aug. 2, toward the end of a midsummer heat wave, when the Philadelphia region’s power-plant fleet began …
Every Consumer Benefits from Small Reductions in Peak Demand Read More »
Michael Giberson A number of prominent European energy economists, analysts and policy makers (and a couple of outsiders) are blogging at the “EU Energy Policy Blog.” Among the Europeans are Andris Piebalgs, Richard Green and Yves Smeers; two American contributers are Paul Joskow and Steven Stoft. On July 1, William Nuttall posted “Why is Nuclear …
On Wednesday afternoon around 3:45 the power went out in areas of Manhattan and the Bronx in New York City. Although the outage lasted less then one hour, it was sufficient to cause traffic congestion and inconvenience to almost 400,000 customers on a hot, humid summer afternoon. This experience illustrates the challenges facing the electric …
Lynne Kiesling Today’s Wall Street Journal has an excellent article from Rebecca Smith on pay-as-you-go electric service (subscription required). Mr. Price, a retired computer programmer, drops by the office of his local utility, the Sacramento Municipal Utility District, every six to eight weeks and pays enough to cover a month or two of service. The …
Electricity Retail Choice: Pay-As-You-Go Service Read More »
Michael Giberson One difference between regulated and unregulated utility companies is, apparently, that unregulated power suppliers use more sophisticated fuel purchasing strategies than their regulated counterparts. At least that is the message I get from this Platt’s Coal Trader article, “Deregulated utilities may use stocks as bargaining chips“, reporting on a statement made by Arch …
One Difference Between Regulated and Unregulated Utility Companies Read More »
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