Regulation

Does “Putting Your Money Where Your Mouth Is” Make Betting a Free Speech Issue?

Economics, Liberty, Regulation / By

Michael Giberson Miriam Cherry and Robert Rogers explore the interaction of “Prediction Markets and the First Amendment.”  If prediction markets are “expressive,” does that mean that U.S. government actions that constrain prediction market development potentially raise First Amendment issues on free speech grounds? The authors propose a way forward in which courts, at least until …

Does “Putting Your Money Where Your Mouth Is” Make Betting a Free Speech Issue? Read More »

Who Controls Access to Consumer Power Consumption Data?

Electricity, Regulation / By

Michael Giberson In Pennsylvania, a debate over how non-utility electricity retailers get access to a customer’s power use data.  The new rule allows an energy retailer to gain consumer data based only on oral assurance to the PUC that the customer wants their utility to release it, even if the customer had previously requested that …

Who Controls Access to Consumer Power Consumption Data? Read More »

The Unequivocal Superiority of the Feed-in Tariffs for Renewable Power?

1 Comment / Electricity, Energy markets, Regulation / By

Michael Giberson At the IEEE Spectrum’s EnergyWise blog, Bill Sweet discusses one implication of current low power prices: even with generous subsidies, a potential wind or solar power plant project may not be profitable if power prices are expected to stay low. Sweet seems to believe this is a problem that requires a solution.  In …

The Unequivocal Superiority of the Feed-in Tariffs for Renewable Power? Read More »

More on Dynamic Electric Power Prices for Residential Customers in Illinois

Electricity, Energy markets, Regulation / By

Michael Giberson In the comments on yesterday’s post, “Dynamic electric power prices for residential customers in Illinois,” Matthew Scallet, a Power Smart Pricing program administrator, offers a few more details on the savings by customers: As far as savings are concerned, the average savings for our entire customer base is 13% since the beginning of …

More on Dynamic Electric Power Prices for Residential Customers in Illinois Read More »

Dynamic Electric Power Prices for Residential Customers in Illinois

4 Comments / Electricity, Regulation / By

Michael Giberson From the Danville, Illinois Commercial-News, a report of a two-year old dynamic power price program for residential customers of Ameren in Illinois: The program offers customers the ability to track in real time, via the Web, the day-ending regional commodity price of electricity. And as the rate fluctuates, participants can adjust their usage …

Dynamic Electric Power Prices for Residential Customers in Illinois Read More »

Vero Beach Florida Could Become a Hothouse of Dynamic Competition in Retail Electric Power

3 Comments / Electricity, Energy markets, Regulation / By

Michael Giberson Vero Beach, Florida, could become a hothouse of dynamic competition in retail electric power, if only the city would follow the recommendations of economist Dom Armentano. According to the Vero Beach [Florida] Electric Utility, they aim to provide “reliable, cost competitive electrical energy and services to our customers in a manner that exceeds …

Vero Beach Florida Could Become a Hothouse of Dynamic Competition in Retail Electric Power Read More »

Wind Energy Code of Conduct for New York

2 Comments / Electricity, Liberty, Politics, Regulation / By

Michael Giberson The office of the attorney general of the state of New York announced yesterday that a total of 16 … wait, make that 17 wind power companies have signed onto the state’s new “Wind Industry Ethics Code.” The news release indicates that the main point of the industry “ethics code” is to prohibit …

Wind Energy Code of Conduct for New York Read More »

Why Arizona Should Encourage Development of a Open, Competitive Electric Power Market

Electricity, Regulation / By

Michael Giberson Stanley Reynolds and Andrew Kleit have made the case for restructuring the electric power industry in Arizona to encourage development of an open, competitive electric power market.  Good stuff.  I’d especially encourage anyone interested in electric power policy to consider the authors’ eight-point list of elements required for a competitive market (pp. 19-20). …

Why Arizona Should Encourage Development of a Open, Competitive Electric Power Market Read More »

FERC’s Smart Grid Policy Statement (And an Aside on Federal-State Jurisdictional Issues)

1 Comment / Electricity, Regulation, Technology / By

Michael Giberson Also emerging from today’s FERC meeting, issuance of the Commission’s smart grid policy statement. At present only a press release and the chairman’s statement is available, but likely the full policy statement and remarks by other commissioners will be posted on the FERC home page in the next few hours. I imagine our …

FERC’s Smart Grid Policy Statement (And an Aside on Federal-State Jurisdictional Issues) Read More »

CFTC to Consider Position Limits on Energy Futures Contracts

3 Comments / Economics, Energy markets, Regulation / By

Michael Giberson The chairman of the Commodity Futures Trading Commission, Gary Gensler, has announced that the agency will hold a series of meetings in July and August to consider how it can use its existing statutory authority to “ensure the fair, open and efficient functioning of futures markets.” The first of the meetings will focus …

CFTC to Consider Position Limits on Energy Futures Contracts Read More »

Copyright © 2022 Knowledge Problem Archive