Lynne Kiesling On Monday the Chicago Tribune published an editorial about electricity policy in Illinois (registration required). We’ve got a lot of electricity policy issues on the table right now. Nine years ago, the political bargain struck to allow wholesale market competition in electric power was a ten-year retail rate freeze, at a discounted rate …
Chicago Tribune: Enable Free Markets in Electricity in Illinois Read More »
Michael Giberson Gunnar Birgisson, at Bracewell & Guiliani’s Energy Legal Blog, writes that customers “aren’t happy with the high and rising operating costs of organized electric markets, including Regional Transmission Organizations and Independent System Operators.” Birgisson points out two developments – one at PJM and the other at ISO-New England – illustrating the current state …
The Surprisingly High Cost of Regulated Monopoly Power Markets Read More »
Michael Giberson Progress. The Washington Post reports: Pepco Holdings Inc. is planning to install “smart meters” in 2,250 District homes as part of a $2 million pilot project to give Pepco more information about residential electricity usage and give homeowners greater ability to manage power consumption and curb monthly bills…. About half the residences in …
Lynne Kiesling Check out this very cool idea for reinventing capacitors with nanotubes to provide energy storage for portable devices. The capacitor, a 300-year-old technology for modulating current flow by storing small amounts of energy, stores energy via electrodes that separate a charge and thus maintain potential. But it can only store energy in proportion …
Lynne Kiesling Yesterday the Federal Energy Regulatory Commission released the draft Report to Congress on Competition in the Wholesale and Retail Markets for Electric Energy on behalf of the Electric Energy Market Competition Task Force. This report, required by Section 1815 of the Energy Policy Act of 2005, provides an overview and summarizes the progress …
Draft Report to Congress on Wholesale and Retail Competition in Electricity Read More »
Michael Giberson Wish you could tell the federal government just what was wrong (or right) with the state of competition in electricity markets? Here is your chance: Section 1815 of the Energy Policy Act of 2005 requires the Electric Energy Market Competition Task Force to conduct a study and analysis of competition within the wholesale …
Your Chance to Tell the Feds About Electric Market Competition Read More »
Michael Giberson Two weeks ago, Lynne mentioned an ad by IBM that had appeared in the Wall Street Journal. They reprinted the ad on the back page of the first section in today’s edition (Tuesday, May 30). Still can’t find the ad online, but here is a picture: The text says: * this outlet talks …
Michael Giberson Newsday reports that some consumers “feel ‘ripped off’ by LIPA’s alt-energy plan.??? Ratepayers who sign up for Green Choice permit LIPA to add an average premium of 1 to 2 cents a kilowatt hour, or $4 to $15 a month, to their bills. LIPA sends that to one of two green-power marketing companies …
Michael Giberson There was a time when the economics of public utilities was probably the sleepiest of back corners of practical economics. People went into utility economics for the same reasons that widows invested in utility stocks: so they could sleep soundly at night. No so much anymore. As luck has it, retail price caps …
Electric Rates Keep the Wizards Up Late in Maryland Read More »
Lynne Kiesling John Atkinson’s got another value-packed and informative post on energy policy at Winds of Change. Note in particular John’s discussion of investments and mergers in Europe. I would also add that he is kind enough to link to my earlier post about “deregulation” and the politics that prevent it from happening, and the …
Winds of Change Energy Markets and Policies, April 14 Read More »
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