Energy markets

Saudi Arabia and Opec Oil Output

A careful comparison of Saudi Arabia’s oil production behavior with rest-of-OPEC production provides a way to see the consistency in Saudi behavior where many analysts have missed it, according to the authors of a report forthcoming in the journal Energy Policy. Sometimes Saudi and rest-of-OPEC production movements are positively correlated and other times negatively correlated–a …

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Debating Wind Power Cost Estimates – 4

[Series header: On the Morning of October 15 the Institute for Energy Research in Washington DC released a report I’d written about the federal government’s wind power cost estimates. (Links available here.) Later that day Michael Goggin of the American Wind Energy Association, the lobbying organization in Washington DC that represents the wind energy industry, …

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Debating Wind Power Cost Estimates – 3

[Series header: On the Morning of October 15 the Institute for Energy Research in Washington DC released a report I’d written about wind power cost estimates sponsored by the federal government. (Links available here.) Later that day Michael Goggin of the American Wind Energy Association, the lobbying organization in Washington DC that represents the wind …

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Debating Wind Power Cost Estimates – 2

[Series header: On the Morning of October 15 the Institute for Energy Research in Washington DC released a report I’d written about wind power cost estimates sponsored by the federal government. (Links available here.) Later that day Michael Goggin of the American Wind Energy Association, the lobbying organization in Washington DC that represents the wind …

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Debating Wind Power Cost Estimates – 1

On the Morning of October 15 the Institute for Energy Research in Washington DC released a report I’d written about wind power cost estimates sponsored by the federal government. (Links available here.) Later that day the Michael Goggin of the American Wind Energy Association, the lobbying organization in Washington DC that represents the wind energy …

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Assessing Wind Power Cost Estimates Produced by the Us Government

From the press release: WASHINGTON — The Institute for Energy Research released today a study titled Assessing Wind Power Cost Estimates. The study, written by Dr. Michael Giberson, an economics professor at Texas Tech University, details the costs of wind power that commonly go unreported in studies performed by government-funded groups such as the National Renewable …

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Power Demand in Texas Grows More Slowly Than Forecasted

From StateImpact Texas, a joint effort of radio station KUT Austin and KUHF Houston, a report that consumption of electric power in Texas isn’t growing as fast as expected: As the Texas Public Utility Commission (PUC) considers changing the electricity market so there’s more money to build new power plants, a mystery has popped up: …

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Eia Shows Higher Wind Power Output Cutting into Baseload Power Generation

The Energy Information Administration’s “Today in Energy” series shows with a couple of charts how growing wind power output in the Southwest Power Pool region is cutting into the income of baseload power plants. The effect matters because baseload power plants tend to have the lowest operating costs. As baseload plants get pushed off the …

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Politicized Implementation of U.s. Oil Import Quotas, 1959-1973

The oil import quota system in place from 1959 to 1973 restricted imports to an amount equal to the difference between the federal government’s estimate of domestic oil demand and the estimate of domestic oil supply. But, of course, nothing in industry-protection policy can be easy, so the policy contained a number of adjustments and …

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