Energy markets

FERC Issues Report on Demand Response and Advanced Metering

Electricity, Energy markets, Politics / By

Michael Giberson The Federal Energy Regulatory Commission has released its second annual report on electric power demand response and advanced metering. According to a news release issued on Friday: Demand response and advanced metering programs have grown significantly over the past year, according to a new Federal Energy Regulatory Commission report that charts progress in …

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Epsa Offers Comments on the Cato Electric Power Restructuring Editorial

Electricity, Energy markets, Liberty, Politics / By

Michael Giberson EPSA, an industry trade association for independent power generators, has also posted comments in response to the Jerry Taylor and Peter Van Doren editorial on electric industry restructuring. Given that their members are non-utility generators, you can imagine that they wouldn’t be too excited about the Taylor/Van Doren view that vertical integration is …

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Cato’s Jerry Taylor Responds to My Provocation

1 Comment / Electricity, Energy markets, Liberty, Politics / By

Michael Giberson Jerry Taylor of the Cato Institute gives a thoughtful response to my criticisms of his editorial in the WSJ (with Peter Van Doren). He identifies two substantive arguments in my criticism and offers rebuttals, then he takes issue with my assertion that the editorial is little more than an implicit defense of the …

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Cato Institute Writers Lament the Unfortunate Loss of Vertical Integration in Electric Power Industry

Electricity, Energy markets, Liberty, Politics / By

Michael Giberson Thursday’s Wall Street Journal carried an essay by the Cato Institute’s Jerry Taylor and Peter Van Doren, “Short-Circuited” (available free via Cato): After a pretty good 30-year run, deregulation is on the political ropes. Although loosening the shackles on banking, trucking, and airlines delivered lower prices, robust competition and political applause, it hasn’t …

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Thomas Friedman on Energy Efficiency in the New York Times Today

5 Comments / Economics, Electricity, Energy markets, Environmental policy / By

Lynne Kiesling Today’s New York Times has a column by Thomas Friedman, “Go Green And Save Money” (TimesSelect $$), on the importance of energy efficiency for both reducing costs and reducing overall resource use. In it Friedman draws attention to the crucial fact that both electricity use and prices are determined by the interaction of …

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Ami Not Amr: Getting the Right Kind of New Meter

Electricity, Energy markets / By

Michael Giberson An article about meter technology company Itron in the Spokane (WA) Journal of Business makes the distinction between the last hot new thing in metering — automatic meter reading (AMR) — and the latest new thing — advanced meter infrastructure (AMI). AMR provided a giant leap forward in reducing meter reading costs and …

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The Smart Grid and Renewable Energy

1 Comment / Economics, Electricity, Energy markets, Environmental policy / By

Lynne Kiesling Last week the Seattle Post-Intelligencer ran an article discussing how our nearly century-old, analog wires network is not up to the challenge of being a modern, distributed system that includes renewable energy: The nation’s electric power transmission system, aka the grid, could be imagined as an overworked tangle of fraying household wires repeatedly …

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Phillipine Wholesale Power Market Operator Seeks to Improve Detection, Deterrence of Market Power Abuse

Energy markets / By

Michael Giberson Lest readers of Knowledge Problem believe that U.S. energy markets are the only ones subject to allegations of manipulation, from Manila comes word that the Phillipine Electricity Market Corp. is improving up its wholesale power market monitoring. The market operator hopes to deter future market power abuses similar to the alleged abuses that …

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Baltimore Sun Columnist on Pjm: Let’s See Why Grid Watchdog Barked

2 Comments / Energy markets / By

Michael Giberson As noted here previously (PJM Wants to Reorganize Market Monitoring Unit, Move On), PJM has filed a proposal with FERC to reorganize its market monitoring unit, hoping to quell controversy and settle a pair of complaints filed against the grid operator earlier this year. Not so fast, say Baltimore Sun columnist Jay Hancock. …

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