Energy markets

United States V. Keyspan Corporation Antitrust Case Settles for Paltry $12 Million

3 Comments / Electricity, Energy markets, Regulation / By

Michael Giberson The Justice Department of the United States has agreed to a $12 million settlement with KeySpan Corporation on a Sherman antitrust act claim. The allegation was that KeySpan manipulated the New York ISO capacity market price in its part of the state from May 2006 through February 2008, reaping an estimated $49 million …

United States V. Keyspan Corporation Antitrust Case Settles for Paltry $12 Million Read More »

Investors Using Municipal Power Company Borrowing to Maximize Private Returns?

Electricity, Energy markets / By

Michael Giberson Some regional power business developments have a few people in the area scratching their heads and wondering what is going on. An excellent article in Sunday’s Lubbock Avalanche-Journal explores the issue, yet still leaves local readers wondering what a quasi-public company is up to on our behalf. In brief, High Plains Diversified Energy …

Investors Using Municipal Power Company Borrowing to Maximize Private Returns? Read More »

I Detect a Fundamental Tension in This Headline on Wind Power

6 Comments / Energy markets, Humor, Politics / By

Michael Giberson This amusement, courtesy of Examiner.com: “Wind power officially cost effective, AWEA hopes for more incentives from Feds.” The like link is “http://www.examiner.com/green-living-in-national/wind-power-officially-cost-effective,” but I warn you that the site may try to serve you multiple ads, making the experience more trouble than the story is actually worth. The article does, however, make good …

I Detect a Fundamental Tension in This Headline on Wind Power Read More »

An Act Purporting to Ban Gasoline Zone Pricing in Connecticut

2 Comments / Energy markets, Law, Regulation / By

Michael Giberson A new legislative session in Connecticut brings with it another bill proposing to ban zone pricing of gasoline in the state. But the simplicity of the proposed bill makes it look like they’re not really trying.  Here is the body of the bill (all of it): AN ACT BANNING GASOLINE ZONE PRICING. Be …

An Act Purporting to Ban Gasoline Zone Pricing in Connecticut Read More »

Ethanol Blather Courtesy of the Epa and the Financial Times

Energy markets, Environmental policy, Politics, Regulation, Science / By

Michael Giberson On Friday, the EPA announced it now believes it is safe to use fuels made with up to 15 percent ethanol in cars, SUVs and light-duty trucks manufactured between 2001 and 2006.  EPA administrator Lisa Jackson said, “Whenever sound science and the law support steps to allow more home-grown fuels in America’s vehicles, this …

Ethanol Blather Courtesy of the Epa and the Financial Times Read More »

Troubles, from the Point of View of the Solar Power Industry

2 Comments / Electricity, Energy markets, Environmental policy, Regulation, Uncategorized / By

Michael Giberson It’s not easy out there for the solar power industry: Renewable power credits don’t provide long term security for developers… …and middlemen seem to make more money from RECs than renewable power producers do. Private homeowner association rules can frustrate desires of persons wanting to go solar. Local government zoning regulations and associated …

Troubles, from the Point of View of the Solar Power Industry Read More »

Evergreen Solar Moves Manufacturing to China

3 Comments / Economics, Energy markets, Environmental policy, Politics / By

Michael Giberson In my view most “green jobs” arguments are bunk. While such estimates may have their practical uses, for the most part they are convenient lies. Industry lies to politicians and bureaucrats to get subsidies, and politicians recycle the lies to get votes. My view is not particularly subtle. Edward Glaeser provides a subtler …

Evergreen Solar Moves Manufacturing to China Read More »

Jay Hancock is Not Happy with the Pjm Power Market

1 Comment / Electricity, Energy markets, Regulation / By

Michael Giberson From the Baltimore Sun, Jay Hancock explains he is unhappy with electric power restructuring in Maryland and with the PJM market. I think he hits some targets and misses others. Assessing the particulars would require a lot of detailed work, probably better done by someone other than me. One big source of agreement …

Jay Hancock is Not Happy with the Pjm Power Market Read More »

Copyright © 2022 Knowledge Problem Archive