Energy markets

Electric Bikes in China Bring Costs and Benefits

Michael Giberson LiveScience highlights a short article on the growth in the use of electric bikes in China, a development that comes with environmental costs and benefits (and clearly a lot of personal mobility benefits for the owners). University of Tennessee-Knoxville professor Christopher Cherry reports on his research: Chinese cities are expanding and becoming more …

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Common Tragedies: Injecting a Little Substance into Blogging on Energy, Environment and Economics

Michael Giberson I stumbled across another blog post on the New York Times article discussed here earlier in the week. Rich Sweeny, at Common Tragedies, wants to inject a little more research-based thinking into the discussion: What I really wanted to add to this debate, though, is a discussion of how elecricity costs have been …

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Industries Collide As Energy Prices Rise

Lynne Kiesling An article by Jeffrey Ball in today’s Wall Street Journal (subs. required) does the best job I’ve seen to date of capturing the nuances and tensions in the economic and policy dynamics of rising energy costs and concerns about the environmental effects of energy consumption. The article focuses on Dow Chemical and its …

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China and India Energy Predictions From the Iea

Lynne Kiesling Every year the U.S. Department of Energy and the International Energy Agency publish forecasts of world energy production and consumption, and the economic and environmental consequences thereof. Typically these forecasts use elaborate computer models to extrapolate various scenarios to generate a sense of where we might be headed, based on different use patterns, …

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How Important Will Plug-in Hybrids Be?

Lynne Kiesling To answer my own question: dunno. But the technology has a lot of promise. The Wikipedia entry on plug-in hybrid vehicles” is a thorough and well-cited background on the technology and its potential. In particular, of course, I am interested in the vehicle’s intersection with the electric power network: PHEVs and fully electric …

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News Story Blames Inadequate Regulation for Excess Commodity Speculation, Trading Losses, Higher Energy Bills

Michael Giberson The Sunday Washington Post carried a front page story on the “slight oversight” of energy trading. Here’s the lede: One year ago, a 32-year-old trader at a giant hedge fund named Amaranth held huge sway over the price the country paid for natural gas. Trading on unregulated commodity exchanges, he made risky bets …

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Case Involving Unilateral Modification to Power Contracts Heading to Supreme Court

Michael Giberson Tracy Davis, writing at Energy Legal Blog, takes note of the Supreme Court’s decision to take on a pair of Ninth Circuit court decisions: In a pair of decisions issued last December, Public Utility District No. 1 of Snohomish County, WA v. FERC and California Public Utilities Commission v. FERC, the Ninth Circuit …

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Unbundling Europe’s Electric Utilities

Michael Giberson A great deal of energy is currently being expended in Europe debating the merits of further unbundling of vertically-integrated electric utilities in the EU. “This is unfortunate,” said Jean-Michel Glachant and François Lévêque, in a post on the EU Energy Policy Blog, on two grounds. First, because the economics of the matter are …

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