Lynne Kiesling John Atkinson’s got another value-packed and informative post on energy policy at Winds of Change. Note in particular John’s discussion of investments and mergers in Europe. I would also add that he is kind enough to link to my earlier post about “deregulation” and the politics that prevent it from happening, and the …
Winds of Change Energy Markets and Policies, April 14 Read More »
Lynne Kiesling Earlier this week I gave a guest lecture in a class in the Center for Energy, Marine Transportation and Public Policy at Columbia University. The topic shouldn’t surprise you: using technology and pricing to engage and empower electricity consumers (the link is to my presentation notes). It was a blast. We talked about …
Technology and Pricing to Engage and Empower Electricity Customers Read More »
Lynne Kiesling Check out the always-excellent New Energy Currents from John Atkinson at Winds of Change. John’s roundups are a valuable source of energy science, policy, and commentary news.
Lynne Kiesling Periods of rising costs make it hard to be a market process supporter. Nowhere is this more true than in electric power, where a century of regulator-regulated co-dependency has created a culture of price control. Right now Maryland is the center of this debate, triggered by economic and political motives, including rising natural …
Evaluating Electricity “Deregulation” in a Period of Rising Fuel Costs Read More »
Michael Giberson So, the mob goes after someone to lynch, even if that person is innocent. After all, as the immortal Bob Dylan sang long ago, “A lot of people have knives and forks, and they don’t have nothing on their plates, and they have to cut something.” This comes to mind because of the …
Michael Giberson Last week four Midwestern state attorneys general released a report on natural gas markets that concluded that market fundamentals could not alone explain high natural gas prices. A press release says: In their discussions of market dynamics, the Attorneys General said they found greatly divergent opinions and contradictory explanations for the recent roller-coaster …
FERC Staff Blasts Gas Market Report Issued by Midwest States Attorneys General Read More »
Lynne Kiesling Following on from yesterday … today OPEC did hold their quotas steady, and US crude oil inventories surged: U.S. crude-oil inventories jumped 4.5 percent to 335.1 million in the four weeks ended March 3, leaving supplies at the highest since May 1999. Last week’s gain was the biggest since Oct. 29, 2004, the …
Lynne Kiesling Yes, I’m trying to channel Alan Greenspan here … OPEC ministers are meeting now, and are stating their commitment to stable oil prices and maintaining their oil supplies. It does raise the question of whether the extent to which their utterances move markets is grounded in fundamentals, or is more like the media …
Another Opec Meeting and Rational or Irrational Melodrama? Read More »
Michael Giberson An example of federal bureaucracy run amok? No, it is only FERC revamping their anti-market manipulation rules to accomodate changes brought about by the Energy Policy Act of 2005. The old market behavior rules sought to prohibit, among other things, “actions that are without a legitimate business purpose and that are intended to …
Lynne Kiesling Sunday’s Dilbert is a funny and accurate send-up of the idea of achieving “energy independence”. Punchline: Oil is a fungible commodity. The capitalist system virtually guarantees that you’ll end up buying the lowest cost oil from source unknown to you. Scott Adams clearly learned more from his econ classes at Amherst than most …
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