Energy markets

Baseload Electric Generating Capacity is Exciting…

Baseload electric generating capacity is exciting… wait, no … baseload capacity is exiting areas served by regional wholesale power markets, and the owners of these assets and some state policymakers are anxious to solve what they imagine to be a problem. Utility Dive has a good story on the topic, “Re-regulation on the horizon? State plant …

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Blm Rejects Environmentalist Offer to Buy and Hold Federal Oil and Gas Leases

In February 2016, Utah environmentalist and author Terry Tempest Williams offered to purchase two federal oil and gas leases on property near her home in Southern Utah. Her intention, as stated in a column later appearing in the New York Times, was to keep the resources in the ground “until science finds a way to …

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What Energy Policies Ought Conservatives Favor–a Good Example of Bad Policy Analysis

An opinion piece at MarketWatch makes a bundle of analytical mistakes as it tries to build the case that persons with conservative political views should prefer the energy policy views of Hillary Clinton over those of Donald Trump. In this case I read the “Clinton” and “Trump” names as a kind of stand-in or representative for …

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Trump and Clinton on Energy Policy During the Second Presidential Debate

From the transcript posted by PolitiFact, the exchange on energy issues from the October 9 debate between Donald J. Trump and Hillary Clinton: COOPER: We have one more question from Ken Bone about energy policy. Ken? QUESTION: What steps will your energy policy take to meet our energy needs, while at the same time remaining …

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On Trump’s Energy Policy: Big Players Are Bad News for Energy Policy

My commentary, “Trump’s policy may undermine pro-growth intentions,” appears in the October 2016 issue of Nature Energy. Here is one of my favorite parts: Trump’s emphasis on energy independence, in North Dakota and elsewhere, has been common among both Republicans and Democrats. President Richard Nixon declared energy independence a priority in an effort to blame the Organization …

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House Energy and Power Subcommittee Takes a Look at the Federal Power Act; One Small Suggestion for Reform

As had been announced in June of this year, the Energy and Power subcommittee of the U.S. House of Representatives is devoting some time to a deep look into the Federal Power Act (FPA). At the time of the June announcement the committee sent a letter to Federal Energy Regulatory Commission (FERC) saying: As you know, the …

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Smart Meters Help Consumers Avoid Wasting Money on Energy Efficiency

Analysis of a randomised-controlled trial on a sample of almost 2500 Irish households revealed one surprising result: compared to the control group, households provided with a smart meter, detailed feedback on usage, and time-of-use pricing reduced investment in energy efficiency projects. While this unexpected development appears treated by the researchers as an embarrassment to be overcome, the result should …

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Texas Puc Continues Look at “Gaming the Rankings” Problem on State Website. Here’s My Solution.

Last week the commissioners of the Texas Public Utility Commission once again complained about retail power suppliers who gamed the ranking system on the state’s retail electric power shopping website www.powertochoose.org. This post summarizes the problem and then offers a simple solution. From the Houston Chronicle: Texas’ utility commissioners complained Thursday about confusing or misleading …

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Pjm Report Says the Regional Power Market Works, Doesn’t Always Give Regulators What They Want

PJM has issued a report that, no surprise, finds the regional power promotes efficiency in operation and offers the right incentives for market entry and exit. The report does a few things, but none perhaps as useful as reminding policymakers that transparent, well-functioning markets do not always deliver the outcomes they wish for. From the …

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Elementary Error Misleads Appa on Electricity Pricing in States with Retail Electric Choice

The American Public Power Association (APPA) recently published an analysis of retail power prices, but it makes an elementary mistake and gets the conclusion wrong. The APPA analysis, “2014 Retail Electric Rates in Deregulated and Regulated States,” uses U.S. Energy Information Administration data to compare retail electric prices in “deregulated” and “regulated” states. The report itself presents …

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