The Need for Electricity Retail Market Reforms

Lynne Kiesling and I have an article in the Fall 2017 Regulation magazine asserting “the need for electricity retail market reforms” (PDF). Our general theme is, as the subtitle puts it, “An innovative 21st century retail electric power market is within reach, but won’t emerge until we ditch 20th century regulations.” We begin: School budgets always seem tight, so … More The Need for Electricity Retail Market Reforms

Giberson makes his mark on Wall Street and other notes on price gouging commentary

I get a mention in the September 12, 2017, Deal Book column in the New York Times: “Price caps discourage extraordinary supply efforts that would help bring goods in high demand into the affected area,” Michael Giberson, an instructor with the Center for Energy Commerce in the Rawls College of Business at Texas Tech University, … More Giberson makes his mark on Wall Street and other notes on price gouging commentary

Utahns get low-cost, reliable electric power. What is wrong with that?

Utah is doing just fine with monopoly electric service, says a state legislator who oversees the Utah Public Utilities Commission. The legislator, Carl Albrecht, was responding to an op-ed appearing in the Deseret News the week earlier by Ethan Dursteler and me in which we encouraged Utahns to consider retail electric competition. Albrecht is right … More Utahns get low-cost, reliable electric power. What is wrong with that?

Lobbyists for wind and solar energy ready to fight DOE grid policy study

Soon after Energy Secretary Rick Perry requested DOE staff to prepare a report on how public policies affected the electric power grid, lobbyists for the wind energy and solar energy industries struck back. In an op-ed appearing in The Hill, Megan Hansen and I identify why we think the renewable power industries are so sensitive … More Lobbyists for wind and solar energy ready to fight DOE grid policy study

The weak case for continued regulation of the electric power industry

In today’s Wall Street Journal special section on energy issues, a pair of articles presents the case for and against restructuring the electric power industry to introduce more competition. In favor of reform is Andrew Kleit: “YES: It Is the Best Way to Lower Costs and Increase Innovation.” In favor of the traditional regulated electric utility … More The weak case for continued regulation of the electric power industry

Op-ed urges Michigan not to reregulate retail electric power

In this morning’s Detroit News appears an op-ed about a utility-supported proposal in the Michigan legislature that would dramatically limit and perhaps extinguish the state’s sixteen year old effort allowing retail choice in electric power. The introduction: Do Michigan consumers want to go forward or backward in reducing their electric bills and modernizing the state’s … More Op-ed urges Michigan not to reregulate retail electric power