Lynne Kiesling Earlier this week I gave a guest lecture in a class in the Center for Energy, Marine Transportation and Public Policy at Columbia University. The topic shouldn’t surprise you: using technology and pricing to engage and empower electricity consumers (the link is to my presentation notes). It was a blast. We talked about …
Technology and Pricing to Engage and Empower Electricity Customers Read More »
Lynne Kiesling Periods of rising costs make it hard to be a market process supporter. Nowhere is this more true than in electric power, where a century of regulator-regulated co-dependency has created a culture of price control. Right now Maryland is the center of this debate, triggered by economic and political motives, including rising natural …
Evaluating Electricity “Deregulation” in a Period of Rising Fuel Costs Read More »
Lynne Kiesling An elementary school in London is exceedingly chuffed about its GBP23,000 worth of solar panels to power 77 light fixtures. I agree with Londonist that they might get better value for money if they put the kids on hamster wheels and harness that energy!
Lynne Kiesling Boy oh boy, Randall is really barking up my tree in this post on the cost-saving benefits of precooling buildings! Some of the technology developments needed to allow demand shifting are pretty low tech. It is easy to develop a computer program that will vary the thermostat setting as a function of the …
Futurepundit: Peak Shifting Requires Regulatory Reform Read More »
Lynne Kiesling Derek’s comment about wind power on my previous post mentions that wind power is not “dispatchable”. This characteristic refers to the extent to which the resource is available to the system operator, who is responsible for the real-time physical balancing of the network, when striving to achieve that balance. Dispatchability has been a …
“Dispatchable” As a Product Characteristic, and How to Deal With It in Markets Read More »
Lynne Kiesling Today’s Opinion Journal has a commentary by Art Laffer and Patrick Giordano on proposed wholesale power procurement auctions in Illinois. They claim that the uniform price reverse auction (in which the price falls until Q supplied=Q demanded, and all suppliers still in the market receive the market-clearing price) is a ComEd setup that’s …
Opinion Journal: Laffer and Giordano Miss The Point Read More »
Lynne Kiesling Still here … but have been utterly crushed with work. It is only courtesy of a flight delay at O’Hare that I am writing now. I am headed to Cambridge, Massachusetts, to give a talk at the MIT Center for Energy and Environmental Policy Research annual conference. My presentation focuses on demand response …
Lynne Kiesling Wired has some interesting, short articles right now on power technologies: wireless power transmission by converting electricity to lasers or microwaves and then re-converting them to electricity, broadband over power lines (BPL) deployment, and the effect of wind farms on wildlife, particularly birds in the Altamont Pass in California. Here’s one question I …
Lynne Kiesling For the past seven years or so, the phrase “resource adequacy” has received increasing attention in electricity policy. The basic idea is this: before the Energy Policy Act of 1992, vertically-integrated utilities met their future regulatory “obligation to serve” mandate through integrated resource planning (IRP). Customers paid fixed, average, regulated retail rates, and …
Lynne Kiesling NRG is purchasing Texas Genco, a generator largely serving Texas markets: Houston-based Texas Genco is owned in equal parts by affiliates of the Blackstone Group, Hellman & Friedman LLC, Kohlberg Kravis Roberts & Co L.P. and Texas Pacific Group. Texas Genco has a portfolio with more than 13,000 megawatts of generation capacity. It …
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