Energy markets

The Key to Arizona’s Energy Future

Michael Giberson Via the Goldwater Institute in Arizona, this announcement of an event happening today, November 12 in Phoenix: Today three experts on electricity restructuring will be at the state Capital to talk about how Arizona could begin a restructuring process and how restructuring could encourage the use of more renewable energy. The discussion is …

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Designing Federal Programs That Work

Michael Giberson From Government Executive: As Washington considers an overhaul of the nation’s health care system affecting roughly one-seventh of our economy, a critical question arises: How effective are we at crafting legislation that can be implemented? To answer this question, we partnered with Government Executive in 2008 to survey members of the Senior Executive …

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Wholesale Power Markets for Beginners – The New Hampshire View

Michael Giberson Granite Viewpoint provides an excellent brief introduction to wholesale power markets in New England, with a few New Hampshire specific details thrown in. (First line: “It’s 9:00 am, do you know what the bulk price is for electricity in New Hampshire?”)  At this introductory level the story told about ISO-NE is approximately the …

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Tres Amigas Transmission Link Overview at Alt Energy Stocks

Michael Giberson I put together an overview of the Tres Amigas LLC proposal for Alt Energy Stocks, published today: “Tres Amigas Proposes Three-way Transmission Link.”  (Tres Amigas proposes to build a three-way transmission link between the Eastern Interconnection, the Western Interconnection, and the Texas Interconnection.) The only company mentioned in the summary with a stock …

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World Oil, but Apparently Not Local Shale Gas Skepticism

Michael Giberson Tom Fowler has more on the ditching of shale gas skeptic Art Berman’s column by World Oil magazine.  Now the magazine’s editor is out too. Read Fowler’s context, then follow the link to the former editor’s remarks, posted today on Berman’s blog.  Excerpts: … The next day, the president stopped by to tell …

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Austin Energy’s Future Rate Hikes

Michael Giberson A few years ago Lubbock’s municipal electric utility was in a tight financial spot that threatened to put it and the city into bankruptcy.  When the utility pushed through a rate increase, customers started switching to competing electric utility Xcel.  The dwindling customer base forced the municipal utility to find another way out …

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What the Fpl 2009 3q Earnings Call Transcript Says About the Texas Retail Market

Michael Giberson Seeking Alpha has begun publishing transcripts of quarterly corporate earnings calls. Typically these calls are discussions presented by the CEO and other corporate officers followed by Q&A with financial analysts.  The calls offer a more “inside look” at company operations than you get from reading newspaper or magazine stories or even trade press.  …

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The (soon to Be Revised) History of Electric Competition in Lubbock

Michael Giberson The city of Lubbock Texas has had two competing electric power companies since 1917.  If a just announced deal goes through, competition will be eliminated. The new “official story” is that competition produced inefficiency, but this view is in stark contrast to old “official story” as told in the “The History of Lubbock …

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Breaking News: Retail Power Competition To End In Lubbock After More Than 90 Years

Michael Giberson This morning, November 4, municipal utility Lubbock Power & Light and local regulated utility Xcel/Southwestern Public Service announced that the city utility will buy out the Xcel distribution system within the city and LP&L would become the monopoly retail power provider. The press conference hosted by the city emphasized the costliness of maintaining …

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