Energy markets

Arizona Utility Proposes to Ramp Up Peak Rates

Michael Giberson The Salt River Project, a central Arizona public power utility serving almost a million consumers, already charges it’s customers higher rates in the summer, but they are proposing to increase their summer rates even more. The Arizona Republic reports: Salt River Project wants to prompt more people to conserve during the hottest hours …

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Alaska Natural Gas Pipeline, One of Five Proposals Advances

Michael Giberson Tom Fowler of the Houston Chronicle reports: Only one of five applications to build an Alaskan natural gas pipeline will move on to a public comment period, Gov. Sarah Palin said Friday. The application from pipeline giant TransCanada met or exceeded all the state’s requirements for the massive project, Palin said, while applications …

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PJM Settles Market Monitoring Dispute, Bowring to Lead External Market Monitoring Unit

Michael Giberson As a result of their good-faith negotiations and the commendable efforts of the Commission-provided facilitator and mediation specialists, the parties reached consensus regarding revisions to the Market Monitoring Plan in the PJM Open Access Transmission Tariff (“PJM Tariff”). The parties also reached consensus regarding revisions to terms in the Operating Agreement … on …

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Ron Bailey’s Bali Observations at Reason

Lynne Kiesling I am late to the party because I was grading last week, but I commend to your attention Ron Bailey’s first, second, third, and fourth essays from the United Nations conference on climate change in Bali over the last two weeks. Ron is a thoughtful analyst of the climate change questions, and that …

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Rggi Auction Design Comments Available Online

Michael Giberson The Regional Greenhouse Gas Initiative (RGGI) folks have posted the comments filed in response to the final auction design report. Previously here I commented on one such filing, an analysis by economist Peter Cramton submitted by the ISO-New England and NYISO, that pointed out a potential flaw in the auction design. Briefly scanning …

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Energy Independence and Security Act of 2007: Random Observations from Cafe to Smart Grids to Pool and Spa Safety

Michael Giberson At Common Tragedies, Rich Sweeney observed that “Pool and spa safety makes it into the energy bill,” but “renewable portfolio standards and increased oil taxes didn’t.” According to the preamble of the proposed “Energy Independence and Security Act of 2007,” it is intended (among other things) to “move the United States toward greater …

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Does Release of Electric Market Offer Data Facilitate Collusion or Discourage It?

Michael Giberson Most of the integrated power markets in the United States release market participant bid and offer data after a six month delay, with identities of the participants masked. Recently ISO-New England proposed reducing the amount of time the data release is delayed. A recent overview of data release policies, conducted by William Dunn …

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More on Pepco’s Electricity Metering and Pricing Pilot

Lynne Kiesling Let me extend the discussion of the Washingto Post article on Pepco’s metering and pricing pilot that Mike mentioned yesterday. I have not discussed these pilots with anyone at Pepco, nor have I been able to glean any information from their website. Here’s a PR hint, guys: if you have a cool pilot …

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PJM’s Capacity Market: A View from Chicago

Michael Giberson The decision of ComEd, a Chicago-based utility, to join the PJM regional wholesale power market, centered in Pennsylvania, New Jersey, and Maryland a few years ago was always a bit of a stretch. Chicago Business reports on some of the consequences: The decision to join PJM instead of its Midwestern counterpart, commonly known …

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