Regulation

Electric Power Rate Reforms Needed for Smart Grid to Create Value

1 Comment / Electricity, Regulation / By

Michael Giberson In a white paper released yesterday, the Association of Home Appliance Manufacturers (AHAM) identified three requirements necessary for the smart grid to create value for residential customers: Pricing must provide incentives to manage energy use more efficiently and enable consumers to save money. Communication Standards must be open, flexible, secure, and limited in …

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Texas Retail Electric Rates Remain Higher Than Neighboring States

2 Comments / Electricity, Energy markets, Regulation / By

Michael Giberson Over the weekend the Fort Worth Star-Telegram published a long story detailing views on outcomes in the restructured Texas retail power market.  The newspaper story might be read as a kind of rejoinder to the view Lynne expressed as she announced the availability of the book on the Texas power market that she …

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Ercot Begins to Settle Accounts Based on Data Rather Than Guesses

Electricity, Energy markets, Regulation / By

Michael Giberson Okay, so my title above is a little over dramatic, but the essence of the title remains.  Previously, lacking high quality interval data on retail consumption, ERCOT has been allocating charges to retail energy suppliers based on load profiles – not exactly guesses, more like informed guesses.  As distribution utilities in the competitive …

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How to Build a Nuclear Power Plant Without Captive Ratepayers

1 Comment / Electricity, Energy markets, Regulation / By

Michael Giberson Jonathon Fahey, at Forbes.com, explains “How NRG Energy Wants to Revive Nuclear Industry.” In the early part of the decade proponents talked breathlessly of a nuclear renaissance in the U.S. Natural gas prices were high, electricity demand was rising, and it seemed that carbon emissions would soon be either taxed or limited. In …

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Is Florida Agency Price Gouging or Just Charging What the Market Will Bear?

Energy markets, Regulation, Telecom / By

Michael Giberson Last year thousands of Florida consumers called the state to complain about price gouging on gasoline after Hurricane Ike.  This year, hoteliers, gas stations, and other business owners are saying they are being price gouged by the Florida Department of Transportation.  The issue: the fee the state charges business owners who wish to …

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Two Views on Electric Utility Restructuring in Pennsylvania

7 Comments / Electricity, Regulation / By

Michael Giberson From the Central Penn Business Journal, two views on electric utility industry restructuring in Pennsylvania: First from Matt Brouillette: Pennsylvania’s electricity rate caps have kept prices artificially low, preventing competitors from entering the marketplace and consumers from having choices. Now, when rate caps expire in 2010 in PPL territory, most of central Pennsylvania …

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Apparently “Light-handed Regulation” is Actually a Form of Regulation

Energy markets, Regulation / By

Michael Giberson Tom Fowler, at NewsWatch: Energy, takes note of commentary by Tudor Pickering concerning a FERC investigation into whether three natural gas pipeline companies were over-recovering on their regulated rates. (See FERC press release here; a Reuters article.) Tudor Pickering, an energy industry advisory and investment company, notes that since 1992 FERC hasn’t required …

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Energy Storage Questions and Answers

3 Comments / Electricity, Regulation, Technology / By

Michael Giberson Earth2tech offers “3 Questions for 3 Energy Storage Experts.” The three questions: Why is energy storage so essential to the new energy economy? What is the most important use or implementation of energy storage? Which energy storage innovation do you most believe in? Not exactly hard-hitting, investigative journalist-type questions, but useful in inspiring …

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Designing Federal Programs That Work

2 Comments / Energy markets, Politics, Regulation / By

Michael Giberson From Government Executive: As Washington considers an overhaul of the nation’s health care system affecting roughly one-seventh of our economy, a critical question arises: How effective are we at crafting legislation that can be implemented? To answer this question, we partnered with Government Executive in 2008 to survey members of the Senior Executive …

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