Lynne Kiesling Tom Lenard has a post on the PFF blog in response to my post the other day about S.498. Tom says One reason I like the Burr bill (and liked its predecessors that he introduced as a member of the House) is that it contains perhaps the only truly deregulatory measure – in …
Lynne Kiesling Last week Senators Burr (NC), Landrieu (LA), and Lott (MS) introduced S.498, ?To provide for the expansion of electricity transmission networks in order to support competitive electricity markets, to ensure reliability of electric service, to modernize regulation and for other purposes.? The proposed bill is at best a tweak of the Federal Power …
Senate Bill S.498: Removing Barriers To Competition? Read More »
Lynne Kiesling Ken Malloy at the Center for the Advancement of Energy Markets has written a rebuttal to Rebecca Smith’s Cranky Consumer column that I wrote about last week. Why don?t residential electric customers switch? Ms Smith?s story implies that it is variously stupid marketers, high electric prices, unwilling customers, or the policy of deregulation. …
Ian Cook [NOTE: Our anti-spam software does not like something in Ian’s comment, so he graciously gave his consent to post this as a guest post — ed.] Unfortunately, I don’t know much about the institutions specifically within the electric power industry, so I imagine this will be of limited help. But, that’s never really …
Lynne Kiesling In my previous post about organic institutional change, I pondered Ostrom?s eight institutional design principles. She applies her analyses to common pool resources (CPRs). Are they also applicable to changing electricity regulation institutions? Obviously I suspect that the answer is ?yes? or I wouldn?t be putting us all through this. One of the …
Michael Giberson In considering Lynne?s note on the new Senate electricity legislation, I couldn?t help but notice that the co-sponsoring senators were not from states that have embraced “competitive energy markets” or done much to “modernize regulation.” Senator Burr is from North Carolina; Senator Cochran from Mississippi; Senator Landrieu from Louisiana; and Senator Lott, also …
Lynne Kiesling Senators Burr, Cochran, Landrieu, and Lott (note the much-touted “bipartisanness”) have introduced a new piece of electricity legislation: S.498 Title: A bill to provide for expansion of electricity transmission networks in order to support competitive electricity markets, to ensure reliability of electric service, to modernize regulation and for other purposes. It starts off …
Lynne Kiesling Tuesday’s Wall Street Journal had an installment in its regular series called “The Cranky Consumer”, in which one of the WSJ writers goes out into the market and reports on the consumer experience. Tuesday’s installment was written by Rebecca Smith, the Journal’s regular electricity writer and one of the best energy journalists around. …
The Cranky Consumer On Electricity “Deregulation” Read More »
Michael Giberson Following up my post of yesterday, use this link to automatically search FERC’s website for the Enron trading materials posted online on March 1. Available are hours of recorded tape conversations and a host of supporting testimony prepared by the FERC trial staff. Apparently, FERC trial staff decided to conduct a random sampling …
Lynne Kiesling In my previous “thinking out loud” post on institutional change, I ended with this question: Institutional change is in many ways itself a constructivist exercise. Is there a way to make the process of institutional change more organic, and thus more likely to lead to “valuable, meaningful, forward-looking, robust, evolutionarily adaptive institutional change”? …
Difficult Thinking About Institutional Change Iii: Ostrom’s Design Principles Read More »
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