Michael Giberson Suppose you are a merchant transmission line operator with a DC power line linking point A to point B. Some potential customers prefer to buy transmission capability the day before the power flow, while others would like to buy monthly, annual, or even multi-year contracts. While some customers want 24-hour delivery, others seek …
Auctioning Power Transmission Capacity Contracts of Varying Duration Read More »
Michael Giberson As the just published blog post suggests, yes the Knowledge Problem blog is alive! The summer doldrums struck the blog (while the blog authors were gallivanting hither and yon or otherwise engaged). As the gallivanting and engagements are mostly done for the summer, blogging resumes.
Michael Giberson Scott Gustafson, at Arizona Economics, points to an article in the Arizona Republic on the market for donated used clothes. Apparently the competition is fierce, with donation boxes vandalized, bolted shut, or towed away to discourage rivals.
Michael Giberson Phil Carson reports a few parting thoughts from last week’s IEEE Power and Energy Society’s Transmission and Distribution Conference in New Orleans. One of those thoughts centered on the last-mile link up of communications and energy systems: Marty Travers, president for telecommunications at Black & Veatch, reminded me that the “telecom” piece at …
Where Water Management Meets Electricity Consumption, and Other Notes from New Orleans Read More »
Michael Giberson Following up on earlier mention of consumer concerns over the accuracy of smart meters, yesterday the Texas PUC approved a plan for testing smart meters. The Fort Worth Star-Telegram reports: The Texas Public Utility Commission unveiled a detailed plan Thursday for independent testing of smart meters, the same day Oncor Electric Delivery acknowledged …
Lynne Kiesling Hi folks! I am getting ready to crawl out from under my winter quarter rock; I have been teaching three classes this quarter, and it’s been frenetically busy. I’m also working on some stuff that I’m not quite ready to talk about in public, so I’ve been indulging in some self censoring. Plus, …
Michael Giberson What does “price gouging” mean? Commonly it is taken to refer to merchants raising prices substantially on necessities during emergencies. Each of the three elements – substantial price increase, necessary items, emergency periods – is part of a proto-typical case of price gouging. However, the term is frequently also used in cases lacking …
Stretching the Meaning of “Price Gouging” in Venezuela and Alaska Read More »
Lynne Kiesling Last Friday National Public Radio ran a Planet Money story called “Do smart meters curb energy use?” (first link is to program listing, second is to story transcript) Members of the KP community will not be surprised by any of the content in the report, but it does provide a good introduction to …
Lynne Kiesling Every year around this time, my inner aesthetic gets restless and dissatisfied with the KP design. So you’ll notice a few changes around here, including a new custom graphic that I made out of a cool piece of clip art I found. I like this new graphic; it symbolizes complexity, decentralized coordination, and …
Michael Giberson Ever wonder what a RTO power market design looks like? Here is one view, in the form of the 106-page “Mid Level Description” of the Southwest Power Pool market currently under development. (Note that the link is to a 1.4 MB zip file which contains the “SPP Future Markets Design/Energy and Operating Reserve …
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