Search Results for: "dynamic pricing"

Cost Savings and Value Creation Are Different

Lynne Kiesling The cost saving-focused mindset has prevailed in regulated industries for over a century, slowing innovation in the process. In electricity, regulation that bases firms’ profits on cost recovery erects market barriers by recognizing only a business model that involves providing a specified product (110v power to the home) transported over a monopoly network. …

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Nest’s Elegant Learning Thermostat — but is It Transactive?

Lynne Kiesling A team of highly skilled and design-savvy engineers have revealed Nest, an elegant, well-designed thermostat that can learn your preferred settings, analyze your data to spot energy-saving and money-saving opportunities, and look lovely on your wall. Earth2Tech has a review article on Nest, as does Greentech Enterprise. This summary description, from the Earth2Tech …

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Economist’s Babbage Column on Network Reliability

Lynne Kiesling The usually-reliable Babbage columnist at the Economist has written a misguided commentary on last week’s power outage in San Diego and its broader implications (and, unfortunately, Glenn has picked it up on Instapundit, which will magnify the effects of its misguidedness). He starts by summarizing what’s known about the fault that led to …

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Smart Appliances and the Innovation Cycle

Lynne Kiesling Appliance and consumer electronics manufacturers are starting to incorporate digital technology with energy-related applications into their products … but as with most new technologies, the first commercial stage of the innovation cycle takes the form of “because we can” product differentiation rather than use-specific innovation. Take the example that Technology Review highlighted this …

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Electricity Restructuring and the Failure to Quarantine the Monopoly

Lynne Kiesling In 2011, roughly fifteen years after the passage of the first state-level electricity regulation restructuring legislation (in states like California, Pennsylvania, Maine, …), retail competition for residential customers remains anemic in most of the 15 states + DC that have implemented restructuring and allow retail choice. Lots of possible theories exist for such …

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The Uk’s Commitment to Carbon Reductions?

Lynne Kiesling I’ll be interested to see how the political, economic, and environmental consequences of this weekend’s new carbon approach in the UK unfolds; according to the Guardian (and the too-much BBC that I listen to): Cabinet ministers have agreed a far-reaching, legally binding “green deal” that will commit the UK to two decades of …

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Will Android@Home Help Make Smart Grid More Consumer-Centric?

Lynne Kiesling I think the past 18 months have been disappointing for consumer-centric smart grid proponents and companies. In January 2010 the incisive Katie Fehrenbacher pronounced 2010 the year in which the consumer would be the king of home energy management, and this pronouncement has not come to fruition. I’ve been formulating some ideas about …

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Next Restaurant: Pricing and Ticketing Innovation Redux

Lynne Kiesling Last May I wrote about Next, a new restaurant in Chicago from chef Grant Achatz and his business partner Nick Kokonas. In that post I focused on the two innovations in the proposal: selling tickets concert style rather than having a reservation system, and using dynamic pricing for reservations/tickets at different times on …

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